Foreign investors are buying pieces of rental homes for $50. What could possibly go wrong?

For tenants? Everything. Ignored repairs, unresponsive management, eviction letters, you name it.

And yes, it’s happening here in Detroit.

https://outliermedia.org/crypto-real-estate-realt-cryptocurrency-detroit/?utm_source=fediverse_mastodon&utm_medium=social (cc @molly0xfff)

#crypto #detroit #housing #HousingCrisis #justice #michigan #web3