Not quite as good, but here is a 4 floor in detroit for less than 17oz of gold($20k) It has 60 units. After hyperinflation, you might get it for 1 oz of gold. http://www.loopnet.com/xNet/MainSit...?LID=16546309&SRID=918329941&StepID=101&jli=y You might have to subscribe to view that, so here is a pic if you dont want to.
Kass my "dear" and "valued" friend Would you care to comment on your view of FED bank notes and interest attached to every dollar printed. Please go on record so that we may finally establish if you are a Government/AIPAC paid shill.
Kass would it help if I told you I am Jewish and that this is one Jew asking another. Just between us (wink wink)
Maybe. If nobody else has money to utilize the hotel, what good is it to the fortunate buyer? What about taxes and upkeep? But yes, there will be a very few who own enough of the right things coming out the other side who will be in good shape. But if only .1$ or .001% of the people have money "nearly" all citizens are bankrupt.
Rent the rooms out at $25 per week and the building pays for itself in about 4 months. Inside needs a little work though...