Tuesday, March 20, 2007

Houses cheaper than cars in Detroit

Here is a newstory from Yahoo.. Houses cheaper than cars in Detroit

As US Car manufacturers are struggling, Detroit - the automotive hub of US is vanguishing. This is in stark contrast to the booming real estate scenario in Chennai, which is fast becoming the automotive hub of India.

Just to Compare - even a 5 cents of vacant land in Vandaloor (about 10 laks), a place about 20kms aways from Chennai, is more than twice costlier than a 4 bed room house in Detroit..

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