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Last updated 1:24AM ET
February 17, 2012
The Economy Project
The Economy Project
Investing in Detroit 1 Inch at a Time
Jennifer Guerra (2010-03-09)
Celeste Moore (left), 11, and her sister Ricki Collins, 9, live in the only house left on the block where Loveland, a SimCity-like, part virtual, part physical project, is located. Ricki says she hopes the project will give them a neighbor. Sarah Hulett
ANN ARBOR, MI (Michigan Radio) - You've probably heard about Detroit's plummeting home values. Depending on where you look, you can buy a house for as little as $100. But it turns out, you don't even need to spend that much. As Michigan Radio's Sarah Hulett explains, now you can own a piece of Detroit for exactly $1.

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