Detroit Art Houses

Real estate prices have gotten so low in certain neighborhoods of Detroit that it has become viable for artists to purchase them and turn them into art. This Juxtapoz feature on Powerhouse Productions tells the full story. A great read.

So if you start talking real estate numbers, there’s obviously no logic around here to real estate numbers. There’s no reason why that house, the one Monica is working on cost $900. How is it possible that we bought that house for $900, you know? Once you realize that the monetary real estate land values system doesn’t make any sense here, then you have to figure out what does have value here and what do you value.