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

[666 ReVeNGe 666]

diversify your stock portfolio and you'll be straight.

I need guidance I am not sure how to do that

401k and Roth IRA though

5000 in my savings account which I need to move to a better interest-bearing account

 

[Aba_juggin]

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.

Is that why ice cube made that song talking about true to the game in like 1990

 

[Serious]

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

Yep they're there, and usually their professionals like executives, doctors, nurses,plumbers, dentist, etc. People who could benefit the black community and would feel comfortable living next to and raising family around....

 

[666 ReVeNGe 666]

Yep they're there, and usually their professionals like executives, doctors, nurses,plumbers, dentist, etc. People who could benefit the black community and would feel comfortable living next to and raising family around....

My wife and I are in good professions in the finance industry and compliance.

We went to a restaurant in a white neighborhood and there was one other black couple there and I swear you could tell they were sizing us up LOL

Like they were seeing if we were stereotypical black people or something

 

[Serious]

I need guidance I am not sure how to do that

401k and Roth IRA though

5000 in my savings account which I need to move to a better interest-bearing account

That's cool man. Just pay off debts first, but start reading a bunch of books to get a different perspective on shyt. But I fukk with this simple guide that @Responsible Allen Iverson put a lot of people on:
Brass Knuckle Finance

 

[666 ReVeNGe 666]

That's cool man. Just pay off debts first, but start reading a bunch of books to get a different perspective on shyt. But I fukk with this simple guide that @Responsible Allen Iverson put a lot of people on:
Brass Knuckle Finance

Thanks.
Yeah my wife and I are building up an emergency fund while also paying off debt.

 

[Serious]

My wife and I are in good professions in the finance industry and compliance.

We went to a restaurant in a white neighborhood and there was one other black couple there and I swear you could tell they were sizing us up LOL

Like they were seeing if we were stereotypical black people or something

Yeah man, I learned not to pay them any mind, worrying about what people think isn't good for my health. But I make a notation of any places that give me vibes and make sure not to frequent them again. You mos def need thick skin out here, because of the . I live in Sherman Oaks, which is a bit more "diverse" than a lot of other areas, because it has a "decent" concentration of black professionals, but I'm also at a point where I'm ready to move an area around more black people.


Since you're married, Idk if you decided on having kids or not yet, but peep some of the posts in here:
The quiet crisis among Black Americans: Pregnancy and childbirth are killing women

 

[666 ReVeNGe 666]

Yeah man, I learned not to pay them any mind, worrying about what people think isn't good for my health. But I make a notation of any places that give me vibes and make sure not to frequent them again. You mos def need thick skin out here, because of the . I live in Sherman Oaks, which is a bit more "diverse" than a lot of other areas, because it has a "decent" concentration of black professionals, but I'm also at a point where I'm ready to move an area around more black people.


Since you're married, Idk if you decided on having kids or not yet, but peep some of the posts in here:
The quiet crisis among Black Americans: Pregnancy and childbirth are killing women

We dont want kids. Maybe around 33-35 but thats far away lol

I cant imagine having a child right now at all.
But imma read that thread.

 

[Colilluminati]

property taxes has forced a lot of people in DC to sell.

That's exactly what it was.

A lot of people paid off their homes but property taxes spiked as new developers came with new home buyers.

A lot of people were forced out because they cannot afford the taxes.

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

I tell people on here all the time People are running from Illinois property taxes. People paying $9,000 a year to live by Walmart . $7100 to live down the street from Dennys .

Stop it .


A bank funds you a loan for a house You pay on the house for 10 years and love it Then one day they vote to build a new school but fukk it you got kids then the city develops some land to attract businesses then the city needs new sewers,streets,lights and raises .

Now you gotta vote to raise your property taxes to bring Steak and Shake to town Walmart need us to spend 5 million to develop this land

Then the city wants to build a new police station and fire department and all this other shyt


Your taxes went from $1000-$1300 a year to $6100 in 10 years


And god forbid the city fukks up your water like Flint and your property value falls to shyt . Property should be the real tax reform .

 

[Aba_juggin]

I tell people on here all the time People are running from Illinois property taxes. People paying $9,000 a year to live by Walmart . $7100 to live down the street from Dennys .

Stop it .


A bank funds you a loan for a house You pay on the house for 10 years and love it Then one day they vote to build a new school but fukk it you got kids then the city develops some land to attract businesses then the city needs new sewers,streets,lights and raises .

Now you gotta vote to raise your property taxes to bring Steak and Shake to town Walmart need us to spend 5 million to develop this land

Then the city wants to build a new police station and fire department and all this other shyt


Your taxes went from $1000-$1300 a year to $6100 in 10 years


And god forbid the city fukks up your water like Flint and your property value falls to shyt . Property should be the real tax reform .

Why don't we just build more homes then if that's the case so the burden of property tax can be shared amongst better is that how it works?

I read somewhere that the residents of Marin County absolutely hate creating new property, especially affordable housing, which they're trying to prevent but I feel that more homes would collectively lower property tax among everybody or maybe im not sure how it works

 

[Wild self]

Why don't we just build more homes then if that's the case so the burden of property tax can be shared amongst better is that how it works?

I read somewhere that the residents of Marin County absolutely hate creating new property, especially affordable housing, which they're trying to prevent but I feel that more homes would collectively lower property tax among everybody or maybe im not sure how it works

Its trolling at the highest order. In theory, that should be true, but people want that high end services and shoot themselves in the foot.

 

[Aba_juggin]

Its trolling at the highest order. In theory, that should be true, but people want that high end services and shoot themselves in the foot.

Hold on so you're saying you could work your ass off to live in a rich, lovely neighborhood, but due to some housing boom, you could be priced out because of the high end services you moved to that neighborhood to acquire?

Wow

 

[Wild self]

Hold on so you're saying you could work your ass off to live in a rich, lovely neighborhood, but due to some housing boom, you could be priced out because of the high end services you moved to that neighborhood to acquire?

Wow

Yep, mismanagement of taxes will do that

 

[blackzeus]

You want to know how to combat gentrification? Owning your home period.. you can’t get priced out because of rent or forced to sell..

These homo ass hipsters and don’t have any bread and for the most part renters.. I laugh at these clowns seeing them walking in the middle of the hood like shyt is sweet

That's a fairy tale. Taxes will kill you when your home value goes from $250K to $1.5M

 

[hashmander]

That's a fairy tale. Taxes will kill you when your home value goes from $250K to $1.5M

so having $1.25M in equity will kill you. hit the lotto and not realize it breh.