Cheap homes proves costly in Detroit

from World Net Daily
Jul 07 2013 8:02 PM

(Reuters) – The solid red brick house on a block of similar homes in Northwest Detroit sounds like a steal at $3,728.

But in many ways, it’s a lemon.

The house, sold at an auction last fall, sits at the edge of Detroit’s infamous urban blight. And scrap thieves, or “strippers,” have taken anything of value, including the kitchen sink and metal pipes, requiring repairs of up to $15,000.

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