[QODLink]
Americas

Cheap home auction aims to revive Detroit

World's largest bankrupt city auctions houses with starting bid of $1000, in order to revive community.

Last updated: 06 May 2014 03:42
Email Article
Print Article
Share article
Send Feedback

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.

77

Source:
Al Jazeera
Email Article
Print Article
Share article
Send Feedback
Topics in this article
People
Country
City
Featured on Al Jazeera
UNHCR says hundreds of people trapped in Yaloke town risk death if they are not evacuated to safety urgently.
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Featured
Long-standing dispute over Christian use of the word 'Allah' raises concerns about a very un-Merry Christmas.
The threat posed by ISIL has prompted thousands of young Kurds to join the PKK.
Baja California - with its own grim history of disappeared people - finds a voice in the fight against violence.
Russian feminist rockers fight system holding 700,000 - the world's largest per capita prison population after the US.
Weeks of growing protests against Muslims continue in Dresden with 15,000 hitting the streets last Monday.