it seems to me that a lot of black people in american cities have figured out the self harm formula. when the criminal element takes root in the neighborhood instead of trying to combat it we flee to these safer white suburbs. so while the criminals might tell you it's their block and you better recognize who run it, they actually don't own one piece of property in that neighborhood. in the 70's and 80's when new york city was supposedly this decaying hopeless city my family bought instead of fleeing and today those properties are worth 5-20x what they paid and over the years equity was taken out of these homes to buy more property elsewhere. now since the criminals don't own anything their ties to the neighborhood can easily be severed by the govt. when they are removed you have a bunch of lovely buildings that are there for the taking by investors. and all those homes around yours that you didn't have enough to time and money to snatch up are being bought by hasidic jews. and they tried to buy yours too because what would make that neighborhood even better is the absence of black people since apparently in their minds all we know how to do is run down a neighborhood. and your formerly dangerous, garbage neighborhood is now trendy and desirable. and for you gentrification is a wonderful thing because who doesn't want to live in a nice safe neighborhood close to everything.
chicago seems ripe for some smart local black homeowners to buy up property that's being distressed by these non-owning criminals who are going to be removed eventually.
unless you have the means and don't require convenient access to the resources of an urban city center, the suburbs should be a dirty word for you. stand your ground. anyone who tells you owning in a major city is just more debt enslavement, etc is talking shyt. blacks and hispanics rely on their homes for their wealth*. so when property values decline, black and hispanic wealth decline to a much greater degree than whites. so who do you think is responsible for the lack of growth or even decline in home values in black and hispanic neighborhoods? the black and hispanic criminal element whose sole purpose is to destroy their neighborhood. without them there aren't a majority of the properties on the block being distressed and ripe for the taking by outsiders. no they would be owner occupied by black people who value their home, instead they're dispersed all across that wasteland of suburban sprawl.
*
Why Blacks and Hispanics Rely On Their Homes for Their Wealth - Zillow Research
