From blight to habitat: U.S. Sen. Debbie Stabenow sees federal dollars pay for Saginaw neighborhood revitalization MLive.com
At 816 S. Park, for example, the first visit on the senator’s tour, the home cost $131,000 to renovate, according to city figures.
The home sold for $34,900, Collier said.
What a concept!
Spend $131,000 of other-people's-money and sell the home for $34,900!
How long can that "business plan" continue?
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