At Katar Investments we are regularly asked about investing in Detroit, so many companies are offering property at knock down prices, (mainly because they are about to be knocked down.)
We do not and probably never will offer property in Detroit, you only need to spend 5 minutes doing a little research to see why, I would also seriously question the motives of any company telling you its a good investment.
Houses are available for $1 not thousands of dollars.
You’re more likely to be the victim of violent crime in Detroit—specifically, in the neighbourhood near the intersection of Livernois Avenue and West Chicago Street—than in any other neighbourhood in the United States, according to a new study byNeighborhoodScout.com.
Your chances of becoming a victim there are 1 in 7, as compared to 1 in 15 for the No. 25 neighbourhood on the list, near the intersection of South Indiana Avenue and East 60th Street in Chicago.
The study analysed real estate data and crime statistics from some 72,000 neighbourhoods to find the 25 most-plagued by violent crime–murder, forcible rape, armed robbery and aggravated assault.
The top 25 most dangerous locations in USA, contains 4 Detroit suburbs!
Do I really need to continue?