"Last Word"-Storage Unit Surprise
Tuesday, July 01, 2008SUSIE GHARIB: And finally tonight, here's another sign of a sagging economy. In Michigan, there's a booming market for auctions of storage units. When people stop making rental payments, storage firms sell the contents of the units, sight unseen. So winning bidders never know what they're going to get and sometimes it's a big surprise. For example the guy who bid $700 and walked away with two cars or the one who paid $65 for a unit that contained $44,000 in cash. But Paul, in that case, there was a catch. Also in the unit was a printing press and the bucks were bogus.
KANGAS: Sort of like a game of real life is the price right.
GHARIB: What's behind the magic door?
