Saturday, March 21, 2009

Sell Westwood, Los Angeles Real Estate and Buy Detroit Real Estate?

The average home near UCLA sells for $1.3 million dollars. This blog claims that the average home in Detroit is priced at $13,000. So, one can trade 1 Westwood house for 100 Detroit homes. Is this a good deal? Could climate change make this a good deal by the year 2100?