Kausfiles: A mostly political weblog.

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  Stat of the Day

  Can the median price of a house in Detroit really be ... $7,500? Says here. ... P.S.: Also

  There is no major grocery chain in the city, and only two movie theaters

  In a town of 800,000?** ... Update: This housing price site suggests it was closer to $79,000 four months ago. Hard to believe it's fallen 90% since. [Thanks to reader S.B.] ... But: That site includes suburbs. The figure for Detroit itself is undoubtedly much lower. See, for example, this MSNBC report:

  Overall, the residential real estate market is catastrophic, with the Detroit Board of Realtors now pegging the average price of a home in the city at $18,513. 

  [Thanks to reader S.E.] ... More: Newman's Own investigates:

  For the three months that ended in January, according to Trulia, the median sales price was $10,000. Slightly higher, but still shocking.

  **--Too Good to Check? Reader M.F. notes a Kroger at 14383 Gratiot Ave. That's one. Nope. Kroger sold this store, apparently. ...4:41 P.M.

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  Filed under: EOTW

About Mickey Kaus

• Mickey Kaus is the author of The End of Equality.

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