Detroit homeowner willing to swap his decrepit house for an iPhone 6

The owner of a decrepit house in Detroit says he is willing to swap his property for an iPhone 6. The house has three bedrooms, basement and garden, but it is in poor state, with no front door and broken windows. It has been on the market in the bankrupt city, but nobody has come forward to buy. The home was initially listed for $5,000 (£3,100) then reduced to $3,000 (£1,800). Now the latest version of the Apple iPhone will do.

My client is overseas and he told me he would be willing to trade the properly for an iPhone 6. It sounds to me like he wants the (iPhone 6 Plus) version, but I think he’s willing to negotiate.

Larry Else

Mr Else said another option would be a 32-gigabyte iPad. However, any new owner would also have to pay some $6,000 (£3,700) worth of back taxes coming with the property. Detroit, once the heart of the US auto industry, is seeking to end its historic bankruptcy under an $18bn debt deal. It was the largest municipal bankruptcy in US history.

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