25 🚫🐝Baltimore sells $1 houses in effort to combat vacant home crisis🚫🐝 (www.foxbusiness.com) posted 30 days ago by Irishman4Trump6 30 days ago by Irishman4Trump6 +25 / -0 Baltimore sells $1 houses in effort to combat vacant home crisis City officials in Baltimore approved a program that would sell vacant homes for just $1 to people willing to renovate the dilapidated homes. 7 comments share 7 comments share save hide report block hide replies
"Applicants must provide proof that they have at least $90,000 to complete a renovation, as well as pass through an application vetting process."
So BlackRock will be scooping them up so they can rent them out for $100 shy of what a full-time minimum wage job pays per month.