HarlemHottie
Uptown Thoroughbred
Not at all. I addressed both of your dumb ass points.
You just mad cuz you tried to be offensive and I boomeranged that shyt right back. Stay tf out of our business, cosplayer.
As hundreds of Black communities nationwide have been gentrified since 1980, more than 500,000 Black people have been pushed from their homes.
- Thread starter Voice of Reason
- Start date
You just mad cuz you tried to be offensive and I boomeranged that shyt right back. Stay tf out of our business, cosplayer.
The same people will be begging us to vote for their favorite puppet Democrat candidates come midterm elections. They can only feign sympathy for Black Americans when it's an Election year.
HarlemHottie
Uptown Thoroughbred
Say what, now?Once again I ask you why is your bootstrap talk not applied to people in general who can't afford housing or who are struggling with housing? I didn't mention the "system" but keeping going doggy you are close to finding your tail.
Republican lost the pop vote in 08, 12, 16, 20. So what. You can't win everyone
I'm not going to speak on Los Angeles or the Bay because their situation is unique due to the very high cost of living and other factors. However I will give my thoughts on what I'm seeing in the southeast the past few years, since thats where a large number of black people live anyway. If I get called a c00n or bootstrapper, so be it.
During the pandemic when I bought my own home in Charlotte, several black families in my moms neighborhood were selling their homes to Institutional Investors. My mom ended up following suit a few months later and sold for top dollar. Guess to who? An Institutional Investor that was buying. They put in the offer sight unseen and actual families who inquired did not even get a chance to see a showing (I have no idea if they were black or not). If I had to guess at least 40% of those homes on that neighborhood were sold to Mainstreet/FirstKey/AHFR within the past few years. Homes that will not go back on the market anytime soon because the rental profits will justify it. This is happening all over Charlotte and Atlanta. Millennials and Gen-Z are not going to want to live in an apartment their entire life and Single Family Homes are more limited. Even worse, I know at least one younger black family whose parent(s) died and they let their property go to the dogs. They sold to a flipper for a lowball price and they proceeded to renovate it and flip for close to double the price they paid. This is also a net negative unless you are a high earner, because you won't even have a chance at updated homes due to the price increase.
Anyway, she then proceeded to move to an Exurb community, which is formerly rural land with cookie cutter homes built on it. Not my favorite, but a small ranch is better than nothing. Gen-X and Boomers romanticize these areas mainly because they cannot keep up with the city hustle and bustle, even though most will still need to travel there 2x-4x a week because thats where the money, businesses, and resources are. Even then they're still driving 10-15 minutes to the nearest gas station or supermarket.
She hated it (nosy old neighbors, and the drive I mentioned), and moved back to the city. Except she moved into a smaller older apartment, which has its own share of issues which I won't get into. Point is nobody put a gun to their head to sell, they all voluntarily sold their homes. She can't afford to buy back in the city unless she wanted to buy a small condo or townhouse which will be more than her last mortgage/HOA, and her living situation currently is not as secure as she is winding down her working years. I would not be surprised if that complex gets sold and torn down within the next few years, meaning she has to move again.
Property tax increases are an issue. However this gets used as a scapegoat and the assumption is if your home was worth 250k in 2018 and its worth 400k in 2024, your property taxes went up 60%. Not the case, because the tax rate is usually scaled back at these asessments, and older homes are evaluated differently. Even then people should be looking up homestead/senior exemptions, recently sold homes and appealing if the numbers are off. The issue is small property tax increases along with increased home insurance and the COL increase for everything else.
Like @King Poetic mentioned, people don't put in the work to maintain their property. And by this time, their adult children have already moved somewhere else so they don't even have a son who can help with small tasks like maintaining the lawn. People buy a 1700 sq ft house thats 30 years old and act shocked that the HVAC is done for or money should be set aside for a new roof thats 20 years old. Alot of families end up throwing in the towel after 2 or 3 of these situations either because they're a single parent/empty nester who can accept a raw deal from an investor and get out scott free, don't have the blue collar skills (or are physically too old) to fix these issues themselves.
This is also why "buy the worst house in the best neighborhood (aka trying to be near middle/upper middle class white people)" is stupid because you end up working just to fund projects and have to go to Walmart back in the working/middle-class area to stay in budget instead of Whole Foods that is a 4 minute drive.
The main time I see black people want to listen to white people is when they say not to buy a home, the easy way out. Those white boys on Youtube been telling everyone the housing market is going to crash for years and the only thing we've seen is 10-20% drops from peak in majority white areas like Austin, Phoenix and Florida. Charlotte, Atlanta, and all of the Northeast has been fairly stable.
During the pandemic when I bought my own home in Charlotte, several black families in my moms neighborhood were selling their homes to Institutional Investors. My mom ended up following suit a few months later and sold for top dollar. Guess to who? An Institutional Investor that was buying. They put in the offer sight unseen and actual families who inquired did not even get a chance to see a showing (I have no idea if they were black or not). If I had to guess at least 40% of those homes on that neighborhood were sold to Mainstreet/FirstKey/AHFR within the past few years. Homes that will not go back on the market anytime soon because the rental profits will justify it. This is happening all over Charlotte and Atlanta. Millennials and Gen-Z are not going to want to live in an apartment their entire life and Single Family Homes are more limited. Even worse, I know at least one younger black family whose parent(s) died and they let their property go to the dogs. They sold to a flipper for a lowball price and they proceeded to renovate it and flip for close to double the price they paid. This is also a net negative unless you are a high earner, because you won't even have a chance at updated homes due to the price increase.
Anyway, she then proceeded to move to an Exurb community, which is formerly rural land with cookie cutter homes built on it. Not my favorite, but a small ranch is better than nothing. Gen-X and Boomers romanticize these areas mainly because they cannot keep up with the city hustle and bustle, even though most will still need to travel there 2x-4x a week because thats where the money, businesses, and resources are. Even then they're still driving 10-15 minutes to the nearest gas station or supermarket.
She hated it (nosy old neighbors, and the drive I mentioned), and moved back to the city. Except she moved into a smaller older apartment, which has its own share of issues which I won't get into. Point is nobody put a gun to their head to sell, they all voluntarily sold their homes. She can't afford to buy back in the city unless she wanted to buy a small condo or townhouse which will be more than her last mortgage/HOA, and her living situation currently is not as secure as she is winding down her working years. I would not be surprised if that complex gets sold and torn down within the next few years, meaning she has to move again.
Property tax increases are an issue. However this gets used as a scapegoat and the assumption is if your home was worth 250k in 2018 and its worth 400k in 2024, your property taxes went up 60%. Not the case, because the tax rate is usually scaled back at these asessments, and older homes are evaluated differently. Even then people should be looking up homestead/senior exemptions, recently sold homes and appealing if the numbers are off. The issue is small property tax increases along with increased home insurance and the COL increase for everything else.
Like @King Poetic mentioned, people don't put in the work to maintain their property. And by this time, their adult children have already moved somewhere else so they don't even have a son who can help with small tasks like maintaining the lawn. People buy a 1700 sq ft house thats 30 years old and act shocked that the HVAC is done for or money should be set aside for a new roof thats 20 years old. Alot of families end up throwing in the towel after 2 or 3 of these situations either because they're a single parent/empty nester who can accept a raw deal from an investor and get out scott free, don't have the blue collar skills (or are physically too old) to fix these issues themselves.
This is also why "buy the worst house in the best neighborhood (aka trying to be near middle/upper middle class white people)" is stupid because you end up working just to fund projects and have to go to Walmart back in the working/middle-class area to stay in budget instead of Whole Foods that is a 4 minute drive.
The main time I see black people want to listen to white people is when they say not to buy a home, the easy way out. Those white boys on Youtube been telling everyone the housing market is going to crash for years and the only thing we've seen is 10-20% drops from peak in majority white areas like Austin, Phoenix and Florida. Charlotte, Atlanta, and all of the Northeast has been fairly stable.
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Lol, is that a display of your independent thoughts? I don't require you to do anything. It's just that we already know your opinion on a topic before you do.
Ezekiel 25:17
Veteran
It is not “black culture” to defend living in substandard housing.
What's wrong with substandard housing? If you take care of it, what's the problem?
Tether this, Tether that..
But you'll never ever hear these brehs directly mention the White people behind all their historic problems
They self sensor themselves like they talking about Israelis
Do you have anything interesting to say? I have very opinions on various issues just because you disagree does not make me a part of some grand conspiracy you fukking moron.
You have your standards. I have mine.
Some of y’all need to be willing to give up Grandma‘s house so we can build several apartment condos. But y’all think gentrification is bad because of some weird attachment to legacy to land. If we’re talking about replacing single-family homes with existing single-family homes, then I’m against that. If we’re talking about increasing the density of that same plot of land, I’m all for it, and in fact, we should imminent domain much more of itThe same people will be begging us to vote for their favorite puppet Democrat candidates come midterm elections. They can only feign sympathy for Black Americans when it's an Election year.
It is applied to everyone. But you want to focus on why Black people who don’t have the skills to command higher wages or don’t have the money to keep living in the same areas are getting displaced. Either you figure it out or people move on. You’re not entitled to live everywhere, but you should not be discriminated from living anywhere.
The only winners from the gentrification are Developers, Politicians and the Government. I fail to see how overinflating the value of real estate has any real benefit. Besides making some people look richer on paper. Meanwhile you've increased homelessness exponentially.
What happens when you finally run out of suckers willing to pay for these overpriced homes? The housing market is already on the verge of collapse. This is what happens when a country hollows out it's industrial base and has to resort to gimmicks like this to spur economic growth.
I never accused you of being important
Who benefits from that? The US doesn't have a land availability problem.