Aba_juggin
Pro
Are those area nice
Los Angeles is quickly becoming a place exclusively for the white and rich
- Thread starter Jimi Swagger
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They not reasonable. They want whites, who are not having kids, to buy places where no one passes down to.
Aba_juggin
Pro
Are those areas nice?
Aba_juggin
Pro
It won't crash as long as job demand is up. Buuuuuttt when it does...... Oh man
666 ReVeNGe 666
TROLL IS LIFE
It sucks.
Wish black people owned more.
This wouldn't be as easy if we owned our homes.
There are no gurantees in renting.
Wish black people owned more.
This wouldn't be as easy if we owned our homes.
There are no gurantees in renting.
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Yeah they're alright. These areas are like 90% residential areas. The problem is they're 40-50 miles from the city. All the jobs and fun things to do are in the city.
DrBanneker
Space is the Place
Yeah some of it is jobs but let's be real that the Silicon Valley money spigot and Chinese buyers are doing their fair share. Then there is the Fed easy money. If one of these stops, I would call it a wrap.
DrBanneker
Space is the Place
True but I also wish Black people wouldn't put all our wealth eggs in the homeownership basket. That worked so well back in 2008.
Aba_juggin
Pro
Can't have your cake and eat it I guess. As long as it's affordable....for now
It's a double edged sword. The real problem imo, is the breakdown of the black middle class. So in LA, a lot of educated black people make pretty good money, but in general they tend not to live around each other. There's not a strong enough sense of black community to live in a certain area like Koreans in Ktown, Jewish people in Hancock Park, etc. It's like black people get put on then run to white daddy and live in white neighborhoods. When there should be more middle class / to affluent black communities. So there's Baldwin Hills, that's not enough. To put it simply blacks in LA don't really fukk with each other like that, there's a lot of tokenism.
666 ReVeNGe 666
TROLL IS LIFE
Agreed.
People keep telling me to buy a house and I'm not even in my thirties yet I rather pay off credit card debt vehicle debt and build a nice saving before I do that.
People saying it's a great investment but there are plenty of better Investments to make before buying a house which I personally don't think should be looked at as an investment
666 ReVeNGe 666
TROLL IS LIFE
This is very true as well and for my experience a lot of black people who make it don't look back a lot of the times or they have a holier-than-thou attitude about other black people who did not become as successful as them.
Personally I can afford to live in a gentrified area but I would not do it because I feel like it is a waste of money but I doubt I would see a lot of other black people living in that area. We will probably be in the minority full of whites
diversify your stock portfolio and you'll be straight.
diversify your stock portfolio and you'll be straight.
Aba_juggin
Pro
I don't think that's gonna stop soon my man.
With Facebook, Google, Apple, and Amazon expanding to corner the markets from movies to supermarkets, they need more people to handle all that data, develop software etc.Let's be honest though where else can blacks get jobs that pay decent outside of the silicon valley
. Like is Texas built the same way.
Is there an equivalent financial, and technology powerhouse that can match the Silicon Valley. I bet some inner city officials just
when they sit back and let the richer, more educated push out the powerless, struggling less educated people by letting their money do the talking. Don't even matter if they raise the rent, property tax, or mortgage cause they'll pay it. And then we got world-renowned universities furthering the push for international students with money and where they go when the graduate. Yeah it's a wrap can't win with this- Status
