Gentrification strikes again in OAKLAND

miranda

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Black folk should start owning property en masse. Farrakhan expressed that we gotta own property or else we leave America.

If they were renting they can't blame anyone but themselves.

This is why owning is better

the 3 bedroom, 1 bathroom, 1 car garage house i grew up in sold a few years ago for $690,000, thats far out the reach of most black people
 

Wild self

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the 3 bedroom, 1 bathroom, 1 car garage house i grew up in sold a few years ago for $690,000, thats far out the reach of most black people

Move down south in majority black areas where middle class raise and buy property and own businesses.
 

J-Nice

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Of hard to do these days when houses are going for hundreds of thousands of dollars over asking price and bring paid with cash. Couple this with Walmart style box stores crushing small businesses and it makes for an extremely imbalanced playing field.

The game has never been fair. There are always gonna be winners and losers. It's about making sure that you and yours come out on the winning side. At this point in time, the community I'm apart of is on the losing side despite having individuals who are clearly winning.
 

TRFG

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the 3 bedroom, 1 bathroom, 1 car garage house i grew up in sold a few years ago for $690,000, thats far out the reach of most black people

Bullshyt, so how do they afford to rent a house of that value ?
 
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Stir Fry

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The game has never been fair. There are always gonna be winners and losers. It's about making sure that you and yours come out on the winning side. At this point in time, the community I'm apart of is on the losing side despite having individuals who are clearly winning.

It's never been fair but the divide is bigger than it ever has been and it's only getting worse. It's still possible to build in some parts of the country but I'm talking about saving some of the more famous metro areas, ie: SF, Oakland, New York.
 

miranda

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The sub prime lending creditors led to a large exodus from the


Move down south in majority black areas where middle class raise and buy property and own businesses.
i dont want to live in the south, outside of maybe nola, and its already being getrified as well. my family owns houses in donaldsonville but it so boring. I looked into ATL because i can afford a cash purchase, but its too hedonistic for me and i was told by a male resident from this board that im too unattractive to compete and get a man down there.
 

miranda

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Bullshyt, so how do they afford to rent a house with that value ?
its one of the top 5 expensive areas in the country, you sound foolish calling bs.

just being real, my grandparents have their homes, my aunts are on section 8. and then my uncles and cousins live with my grandparents or aunts. thats how its done.
 

J-Nice

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It's never been fair but the divide is bigger than it ever has been and it's only getting worse. It's still possible to build in some parts of the country but I'm talking about saving some of the more famous metro areas, ie: SF, Oakland, New York.
I'm from NYC (the Bronx in particular) but I live in Philly now, and from a community perspective the future looks bleak, I'm not gonna lie. There really isn't anything the working poor can do. They don't have the capital, political ties, or the resources to control an integral part of those cities. Most are living paycheck to paycheck and don't even make enough to feed themselves, yet alone feed their families. Wealth creation and community building is the farthest thing from most people's minds. It's all about surviving.
 

Slimkid07

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It's happening here in the black areas in Los Angeles (Baldwin Hill, Leimert park, View Park and etc.) You see more whites moving back into the black community and these older blacks are selling there homes and property to white people. The white people are going door to door asking the owners are they selling your home, and they are offering cash. Insted of passing the property down to the children or grandchildren, there doing like the majority of other black folks are doing; saying fukk you to the next generation, you are going to have to struggle like how I did. Then the cycle continues.
Good post.

I tried buying in Baldwin Hills and Ladera Heights but I was getting outbid by white and Asian cats who came in like
j0E4a68FajlMA.gif

Eventually the prices were way above my limits.
And that area will probably get more flooded because of the tech bubble that's popping off in Westchester. Google is building some more facilities over there by Youtube studios and a shytload
of high end condos are also being built over there. That whole area is about to be crazy poppin'

I got lucky and got a place in the heart of Hollywood. They're building like crazy over here too and because of that and the influx, my property has gone up by about $150 thousand in less than two years. :banderas:
I'd like to hold on to this property and buy something else. That generational wealth needs to start somewhere.
 

Wild self

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i dont want to live in the south, outside of maybe nola, and its already being getrified as well. my family owns houses in donaldsonville but it so boring. I looked into ATL because i can afford a cash purchase, but its too hedonistic for me and i was told by a male resident from this board that im too unattractive to compete and get a man down there.

Just cause you have a hard time finding a man in the ATL don't mean you shouldn't move there
 

J-Nice

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I know cats here are gonna clown, but Camden is gonna be prime real estate in a few years. I'm tryna save enough capital to purchase a few properties before gentrification really takes off there.
 

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its one of the top 5 expensive areas in the country, you sound foolish calling bs.

just being real, my grandparents have their homes, my aunts are on section 8. and then my uncles and cousins live with my grandparents or aunts. thats how its done.

still didn't answer my question
 

miranda

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Just cause you have a hard time finding a man in the ATL don't mean you shouldn't move there
if i would have a hard time finding a companion what would be the point of me moving there?
 

Wild self

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if i would have a hard time finding a companion what would be the point of me moving there?

Black excellence. Can't have men simping you at 35. Serve the black community.
 
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