Black Gentrification

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Well the term “poor gentrification” is an oxymoron

Sure. I wanted to say reverse gentrification but "suburbanization of poverty" hits it on the nail. However, this even affects middle class urban communities so I'm not sure that it perfectly encapsulates all scenarios. The Chatham neighborhood in Chicago is a perfect example of this.
 

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I would like to see more Blk homesteaders branch out into ghosted areas and revitalize them. We have an unmatched culture that could benefit us infrastructurally if we monetized it for ourselves.
 

UberEatsDriver

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Brooklyn keeps on taking it.
I’m not sure gentrification is something you can stop or control in a society like ours...
:patrice:
It just kinda is what it is...




Hopefully forcing low income demographics inward(away from the coast) produces some benefits/changes that we can’t currently see/imagine.
:yeshrug:

Exactly you can’t control it just like it’s hard to control a city that goes to ruins. It’s all supply and demand. Cities like NyC and DC are bringing in boat loads of white collar workers.
 

UberEatsDriver

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There is also poor gentrification, where poor transient blacks are moving into once black middle class areas and destabilizing the communities. You see this in Chicago, Detroit, DC, and Atlanta suburbs.

With that demographic comes discount stores that cater to them, Walmart, generic grocery stores, that kill businesses in the area. Increase in rentals causes increase in transient populations which causes home values to decrease which is where black middle class wealth comes from.

Add in the increase in payday loan and liquor stores to cater to poor transient populations that decreases the desirability of a community and you have the perfect storm for the destabilization of black middle class wealth.

Fully functioning integrated communities that can cater to all demographics are rare. Some communities make it happen but even then there is a segregation along demographic lines within said community.

Never realized this. I guess people don’t notice Walmart as much as they notice a small cafe on the corner
 

UberEatsDriver

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Inner suburbs are good investments tho

What’s an inner Suburb? Something like Jersey City? Or New Rochelle, NY?

If it’s a city atmosphere then yea it’s a good investment but I was referring to suburbs in Thebes middle of nowhere or like 1 hour away from important areas.

I’m actually more interested in investing in second tier cities.
 
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UberEatsDriver

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Sure. I wanted to say reverse gentrification but "suburbanization of poverty" hits it on the nail. However, this even affects middle class urban communities so I'm not sure that it perfectly encapsulates all scenarios. The Chatham neighborhood in Chicago is a perfect example of this.

It was a rich area before? (Chatham)? Isn’t that where OTF Nunu was murdered?
 

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It was a rich area before? (Chatham)? Isn’t that where OTF Nunu was murdered?

Have no idea who that is but could have been. You have crime that happens because of over spill every now and then because Chatham borders other communities that are not so great. But at one point, Chatham, Marynook, Park Manor, Pill Hill, and Morgan Park were solidly middle class black communities within Chicago.
Park Manor may have went down exponentially but Chatham, Marynook, and Pill Hill still retains a good amount of middle class families but again, that has been waning in recent years.
And because of the demographic shift, Chatham has been fighting hard to maintain it's big box businesses in the area.

Activists still hope to save South Side Target stores they fought hard to get
 

UberEatsDriver

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Have no idea who that is but could have been. You have crime that happens because of over spill every now and then because Chatham borders other communities that are not so great. But at one point, Chatham, Marynook, Park Manor, Pill Hill, and Morgan Park were solidly middle class black communities within Chicago.
Park Manor may have went down exponentially but Chatham, Marynook, and Pill Hill still retains a good amount of middle class families but again, that has been waning in recent years.
And because of the demographic shift, Chatham has been fighting hard to maintain it's big box businesses in the area.

Activists still hope to save South Side Target stores they fought hard to get

My bad bro OTF Nunu is lil durks cousin who died back in 2013 or 14.

Chatham reminds me of Canarsie, Flatlands and Mill Basin then in Brooklyn.
 

BigMan

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Sure. I wanted to say reverse gentrification but "suburbanization of poverty" hits it on the nail. However, this even affects middle class urban communities so I'm not sure that it perfectly encapsulates all scenarios. The Chatham neighborhood in Chicago is a perfect example of this.
This is also happening in Queens and PG county Maryland
I would like to see more Blk homesteaders branch out into ghosted areas and revitalize them. We have an unmatched culture that could benefit us infrastructurally if we monetized it for ourselves.
What are ghosted areas ? And where? Places like Ohio and Idaho? How does culture lead to infrastructure ?
 

BigMan

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What’s an inner Suburb? Something like Jersey City? Or New Rochelle, NY?

If it’s a city atmosphere then yea it’s a good investment but I was referring to suburbs in Thebes middle of nowhere or like 1 hour away from important areas.

I’m actually more interested in investing in second tier cities.
Yeah places like that are inner suburbs, near the main city with easy transportation links
A lot of the inner suburbs of nyc are already super expensive but other cities suburbs are more affordable
Dope
I will likely be a black gentrifier since I’m a transplant and I aspire to buy property within city limits and hope to have the income to allow me to do so
 
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