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02-13-2015, 12:29 AM #1
Best and worst real estate deals
From time to time I see articles about huge profits when someone sells a house or apartment after many years and that shows how much some parts of towns become expensive over the years. On the other hand there are parts of towns where you can't even give away your house like some parts of Detroit for example. We could have dedicated thread for this. I think it's interesting to read about that how cities grow or die.
Man Sells $102K NYC Apartment For $52M 42 Years Later
Last edited by Rottie; 02-13-2015 at 12:32 AM.
02-13-2015, 01:54 AM #2
Now that's ROI...
02-13-2015, 04:20 AM #3
It would also be good to get others perspective on where good opportunities might lie today. Dubai? Detroit (if it bounces back)? Phoenix?
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02-13-2015, 08:35 AM #4
Keep your eye on Australian mining towns if mining activity ever picks up.
This crappy house was worth $1,300,000 AUD, passed in at auction with a highest bid of only $360,000
Port Hedland house passed in at auction in million-dollar dive, sign mining boom over - ABC News (Australian Broadcasting Corporation)