Cheap home auction aims to revive Detroit
World’s largest bankrupt city auctions houses with starting bid of $1000, in order to revive community.
Published On 6 May 2014
Detroit was once known as the automotive capital of the world and the home of Motown music.
But more recently, the US city has become notorious for bankruptcy and debt.
Now it’s taking its first steps towards an urban revival by offering houses with a starting bid of $1,000.
Al Jazeera’s John Hendren reports.
Source: Al Jazeera