A small colony of artists is cropping up in Detroit, taking advantage of the bottomed-out property prices, buying houses for as little as $100:
So what did $1,900 buy? The run-down bungalow had already been stripped of its appliances and wiring by the city’s voracious scrappers. But for Mitch that only added to its appeal, because he now had the opportunity to renovate it with solar heating, solar electricity and low-cost, high-efficiency appliances.
Buying that first house had a snowball effect. Almost immediately, Mitch and Gina bought two adjacent lots for even less and, with the help of friends and local youngsters, dug in a garden. Then they bought the house next door for $500, reselling it to a pair of local artists for a $50 profit. When they heard about the $100 place down the street, they called their friends Jon and Sarah.
Admittedly, the $100 home needed some work, a hole patched, some windows replaced. But Mitch plans to connect their home to his mini-green grid and a neighborhood is slowly coming together.
Now, three homes and a garden may not sound like much, but others have been quick to see the potential. A group of architects and city planners in Amsterdam started a project called the “Detroit Unreal Estate Agency” and, with Mitch’s help, found a property around the corner. The director of a Dutch museum, Van Abbemuseum, has called it “a new way of shaping the urban environment.” He’s particularly intrigued by the luxury of artists having little to no housing costs. Like the unemployed Chinese factory workers flowing en masse back to their villages, artists in today’s economy need somewhere to flee.
For Sale: The $100 House
Do you think your life is tough? Be grateful you aren’t this guy, reported in The Guardian: Pandora Mather-Lees, an Oxford-educated art historian and conservator, started giving lessons after a billionaire asked for help to restore a Jean-Michel Basquiat painting damaged not by sea spray, but by breakfast cereal. “His kids had thrown their cornflakes […]
Unknown persons gamed Google’s algorithm so that search results for “best toilet paper” returned photos of the Pakistan flag. From BBC: The results are believed to be the work of protesters acting in response to an attack in Indian-administered Kashmir that left at least 40 soldiers dead. … Now a Google search returns news stories about […]
Every country once ran on its own time. This wasn’t much of a problem until the era of global telecommunications began. That’s when Denmark decided to use the line that’s 15 degrees east of Greenwich, England as the spot to set Central European Time (one hour difference from Greenwich Mean Time). Clocks in Europe were […]
What do Facebook, Twitter, YouTube and Google all have in common? Somewhere in their framework, they all use MySQL, that most versatile (and free!) of database management systems. And they’re not alone. If your company or the one you’d like to work for wrangles data (and who doesn’t?), they’re going to need someone with a […]
There’s a reason you’re hearing about the gig economy in every other business story these days. More than ever, people are finding income from more than one source. And if you find the right one, a side hustle can do more than just pad your pockets – it can allow you to finally get paid […]
High-def cameras are available to anyone and for much less than they were just a decade ago. Even the phones in our pockets can be used to shoot and edit short films. It’s never been easier to be a filmmaker, providing you have the technique. Enter the Film & Cinematography Mastery Bundle, an online boot […]