Houses cheaper than cars in Detroit. ...says the headline. But in actual fact, houses are cheaper than used cars. A boarded-up bungalow on the city's west side brought $1,300. A four-bedroom house near the original Motown recording studio sold for $7,000. "You can't buy a used car for that," said Izairi. "It's a gamble, and you have to wonder how low it's going to get."