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Detroit Man: iPhone 6 in Exchange for House?

iphone_AP

A man from Detroit has offered to sell his house for an iPhone 6

The unnamed individual originally listed his three-bedroom property for $5,000 (£3,100) in June, but has now slashed the price to either $3,000, or the latest version of Apple’s iconic smartphone. He would also accept a 32GB iPad, and is willing to negotiate, according to his estate agent, Larry Else.

detroithouse

The three-bedroom house in Detroit which can be bought for the price of an iPhone 6

“Detroit’s not a monster. It’s just ahead of the curve”

— Kevin D. Williamson

The 2,400-square foot house is in poor condition, with broken windows and peeling paint, in one of Detroit’s poorest districts. Even so, the trade has highlighted the contrast between America’s thriving technology industry in Silicon Valley and the economic blight still affecting other parts of the country.

Detroit, also known as Motor City, used to be renowned as the boom town at the heart of America’s auto industry. It is still home to companies like General Motors and Ford, but the city has become a ghost town as US manufacturers lost ground to overseas players and other industries moved out.

In 2012, the city was forced to declare the biggest municipal bankruptcy in US history, after racking up $18bn in debts. Hundreds of houses are now offered for sale at below $5000…(read more)

Telegraph

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