Detroit Family Homes Sell For Just $10

Family homes in Detroit are selling for as little as $10 (£6) in the wake of America’s financial meltdown.

The once thriving industrial city has suffered a dramatic decline following the global economic crisis.

According to Tim Prophit, a real estate agent, the crisis has led to a unprecedented portfolio of homes, but they are failing to sell.

He said there were homes on the market for $100 (£61), but an offer of just $10 (£6) would be likely to be accepted…