Other than gentrifying communities it’s a known fact that black communities are undervalued.
It’s also a known fact that black folks have scary foreclosure rates.
When it comes to home ownership investment properties will be my path to wealth.
So you want to build your profits by exploiting people poorer than you? I see how it is.
You don't have to worry about undervalued Black communities because you ain't flipping that shyt. You build generational wealth through home ownership because you don't have to worry about climbing rents and you pass that shyt down. Your offspring doesn't have to worry about rent, doesn't have to go into debt for their own mortgage, they have something secure they can fall back on. The huge climb in home ownership in the 1950s and 1960s is the #1 way that average White people built wealth. this is a known fact.
The median White family has a net worth of around $170 grand. The median Black family has a net worth of about $17 grand. You know what the difference is? THEY OWN THEIR HOME.
And yes, it's possible to foreclose if something goes wrong. Then you lose your money. But if you were paying rent year after year, you were already losing that money anyway. I'm not saying that you should take on bad debts - but you should work towards home ownership for your family and for your seed so that they don't have to worry about the same.