[elmuchoprez]

    The one thing they're not making any more of in this world is land.

Huge portions of the US remain undeveloped or under-developed. Land isn't really in as short of supply as some would have you believe.

    $3.2M isn't much money for a very large number of people in this world.

$3.2 is just the purchase price. The article says the buyer would be looking at another $25-million to demolish the structures that can't be salvaged. Then you have upkeep and taxes. I'm sure the actual total monetary commitment is still within reach for many, but it's not nearly as low as $3.2.

[uptown]

Agreed. But really $25 million isn't that much for many people either. There's a handful of single-family houses in my town that sell for that much.

[talmand]

Land can potentially be in short supply in areas people want to be located, especially land locked cities.

[smeyer]

Right, but once you start talking specific locations, you get back to the fact that land isn't really in short supply in Detroit these days.