http://www.detnews.com/article/20090...+prices+plunge

The article talks about multiple houses that may be sold for $1.

Many of them won't sell which is why I think Detroit should make its tax system like Texas- Market Value with a minimum tax of $1000 per year [[Texas has no minimum).

The idea is to get the houses off the tax roll -hopefully people would then fix them up-however many on here disagree because there may be an immediate hit in revenue. On the other hand if someone sees a $1000 house with a $5k annual tax levy - my guess is they might pass it up and that would explain why people aren't always biting -even for $1000, $100 or $1