Los Angeles is quickly becoming a place exclusively for the white and rich

[Lord Byron]

As a black man who lived 21 of my first 25 years of life in Los Angeles, ill even say its the only place i feel real comfortable in...

But reeading this shyt is depressing asf

I just wanna go home

 

[#1 pick]

Aww I see no wonder. I can now see how California can be hell to live in if you have a house because that jump from 200K to 800K over a 20 year span can be hell. Sometimes you cant even pay off your house in 20 years due to the cost of living working conditions.


best thing to do is work for a period of time, pay off your home as quickly as you can, then use the equity to cop a cheaper home out of state, but rent out your home and have those who hare living in your house take care of the mortgage and property tax, yet make about 500 a month profit and use that to help pay for mortgage in your newer, more affordable option.

This seems like a game of monopoly.

Even if you do, property tax is a bytch. The best thing about Cali is if you brought a home in 1995, you could have gotta the fix property tax rate where your property never went up each year.

 

[King Sun]

how bad dpes property taxes have to be to force you to leave your home even after it's paid for ?

You pay property tax every year regardless

 

[DlAMONDZ]

Yea shyts getting crazy out here

White population where I live has skyrocketed. Seeing more police and cafe's open up the last couple years. They're currently doing construction for luxury apartments too

 

[Aba_juggin]

Where do the black people go anyways as a result. Texas? Central Valley? Sac?

 

[DrBanneker]

Where do the black people go anyways as a result. Texas? Central Valley? Sac?

A lot leave and go to the South/Sunbelt. I have fam and Oakland and people were packing up and leaving back then during the first Dotcom mania. Tbh, I guess we have to chalk Cali up as a loss. West Coast and Northeast are no longer our growth areas. Down South and a few parts of the Midwest are where it's best for us.

 

[DrBanneker]

The only hope I see for Blacks in Cali is if this current boom utterly collapses (like it probably will) bankrupting developers and gentrifiers and bringing prices back into affordability. However, given state demographics there are more Hispanics and Asians to take hold of that opportunity than us.

 

[Wild self]

Waiting it out and banking on a come up when gentrification comes is a double edged sword. On one hand as a property owner you benefit from the increased value in your home, but what about people with children? Just because an area has gentrified doesn't mean the local public schools magically become better, and most black middle class first time homebuyers cannot afford private school tuition(especially in major metros where good private schools can be 25-40k a yr) at that point you are placing your kids longterm potential at risk by sticking it out.

As I stated in the NY gentrification thread, family formation and metro living don't mix and not because of "values" as previously was thought to be the case but because the cost of living in cities and the cost of a child don't really mix unless you and your partner have a relatively high income. And so these city dwelling white hipsters/yuppies who are comfortable envisioning long term lives without children are sympatico with how the modern metro dynamic is being constructed.

Cities are not meant to raise kids. At all. People bearing kids learn the hard way

 

[King Sun]

A lot leave and go to the South/Sunbelt. I have fam and Oakland and people were packing up and leaving back then during the first Dotcom mania. Tbh, I guess we have to chalk Cali up as a loss. West Coast and Northeast are no longer our growth areas. Down South and a few parts of the Midwest are where it's best for us.

sorry but this is false

 

[DrBanneker]

I would say it become Korean by foreign investment and land buys but as far as other races other than Korean are concerned, Whites are dominating everyone else. The one thing obvious, Black people are done in LA.

If it wasn't for East Bay/Alameda and Contra Costa Blacks would be done in SF too.Not like we have Fillmore anymore and from Bay Bridge down to Silicon Valley we don't have shyt. Even Oakland off MLK where my fam was at is hipster/yuppie central now.

 

[DrBanneker]

sorry but this is false

As a whole or in part?

 

[mrfortune]

seen a white dude walking down manchester a few days ago. basically thats a street you never see white people on. busy street in middle of the hood

 

[Serious]

Where do the black people go anyways as a result. Texas? Central Valley? Sac?

palmdale / san berndinano / riverside

 

[Serious]

seen a white dude walking down manchester a few days ago. basically thats a street you never see white people on. busy street in middle of the hood

I used to trip out seeing cacs jog around USC

 

[King Sun]

Btw people was doing this way back ont late 80s. Black folk wanted to escape the violience so bad black folk started to move into I.E and even victorville.My sisters friend works for the school board in l.a but stays with a friend during the week and only stays at the home in voctorville on the weekends