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Buffett On Detroit


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  • 2 weeks later...

Anybody buying real estate who is not an absolute expert AND "on the ground" is going to lose a TON of money buying real estate in Detroit...


There have been several waves of foreigners who have already got wiped out...


No, the Chinese have a lot of expertise investing in ghost cities.  So they are the world's experts.  If anyone can succeed purchasing vacant property in Detroit, it's them.

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