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I wonder what the property taxes are. Here in Detroit you can get houses for $500, but the property taxes are actually quite high, so there's not much sense in scooping a bunch up. For a long time, I've thought that the US could offer Urban Renewal visas, and basically homestead these properties to immigrants. If they live in the neighborhood for 8 years or so, they can get a greencard and own the property. In a city like Detroit where the population and tax base has been in decline, it might be useful.