Why Do So Many Ppl Wanna Move Out The Hood?
- Thread starter MaxPain
- Start date
dora_da_destroyer
Master Baker
right, but the whole city aint hood. you can live in DC and be closer to the action/poppin areas and live in a nice neighborhood vs living in the hood in NE and SE DC. i get asking why people want to move from the city to the burbs, but asking why people don't want to live in the hood is stupid. aint nothing fun or pleasant about living in the ghetto
This whole "invest in the hood thing" is dumb.
If White people want our land, they will take it whether by eminent domain, rezoning, high property taxes or whatever bogus made up loophole they see fit.
Now, that does not mean you as an INDIVIDUAL shouldn't invest in neglected areas with potential.
But stop selling this shyt as a "game" that Black folks aren't privy to when the truth is we've been shut out.
What we as Black folks can do INDIVIDUAL has never been what we can do COLLECTIVELY and we have never had a problem with INDIVIDUAL wealth.
If you are buying property for the longterm instead of quick flips, then these low elevation places like Florida and Louisiana that will be under water soon and consistently experience natural disasters are a bad bet.
I also think buying property in the NE whether it be NYC or DMV/DC and experiencing an embarrassment of riches is a delusional fairytale....that shyt is dead and over with.
If you know of any property in the hood near all of the ammenities a cities has to offer at a cheap price then go for it...but in 2017 it is rare.
IMO the South and these industrial Midwest cities are your best bet to really get it in the real estate game domestically and see some break quick.
OP, aren't you Dominican? Ever looked abroad in at any opportunities in Black countries? Thats where the real money will be made over the next decade.
If White people want our land, they will take it whether by eminent domain, rezoning, high property taxes or whatever bogus made up loophole they see fit.
Now, that does not mean you as an INDIVIDUAL shouldn't invest in neglected areas with potential.
But stop selling this shyt as a "game" that Black folks aren't privy to when the truth is we've been shut out.
What we as Black folks can do INDIVIDUAL has never been what we can do COLLECTIVELY and we have never had a problem with INDIVIDUAL wealth.
If you are buying property for the longterm instead of quick flips, then these low elevation places like Florida and Louisiana that will be under water soon and consistently experience natural disasters are a bad bet.
I also think buying property in the NE whether it be NYC or DMV/DC and experiencing an embarrassment of riches is a delusional fairytale....that shyt is dead and over with.
If you know of any property in the hood near all of the ammenities a cities has to offer at a cheap price then go for it...but in 2017 it is rare.
IMO the South and these industrial Midwest cities are your best bet to really get it in the real estate game domestically and see some break quick.
OP, aren't you Dominican? Ever looked abroad in at any opportunities in Black countries? Thats where the real money will be made over the next decade.
fukk u think goes on in suburbia?
dora_da_destroyer
Master Baker
basically you're not advocating for people to live in the hood then, you seem to want to stay in the hood as a way to get in on the ground floor of bing the next "it" neighborhood so your property value can go up. there are plenty of people who do that with their starter home or by buying investment properties, but don't no one want to live their entire life in the hood.
you're really simplifying things...some of the issues are things the city/state does, others are things residents of the area perpetuate and bring on themselves. like those in the hood who own property but don't take care of it, dont be mad becky bought the house next to you, made it look nice and that opened chet's eyes to what those homes could be. families been owning properties for 2-3 decades and haven't made one move to improve it.
as for city shyt, my dad used to do development here in oakland, the city would keep vacant lots/storefronts/buildings mired in red tape, they weren't down to give them to black devlopers, black businesses couldn't get loans to cop those storefronts...but then come jane and jill with $1M cash from their dead aunt, they can buy a place cash, they got the credit and collateral for the city to sell them lots & buildings cuz they're opening the "type of business that the city needs". as jane and jill get their friends to come to the business and visit them, more people are like, we can live here. as they start buying more homes there, they FIX UP the homes - let's not forget people in the hood tend to not take care of their property, houses be like shyt. as homes get fixed up, more businesses come, prices go up preventing black people from buying in the neighborhood because prices are high. now if your issue is you want more black people being the investors instead of jill and jane, there are people doing it, unfortunately black wealth is a fraction of that of whites, so yes, more white people get to lead the gentrification charge.
Donald Trumps Twitter
Divine Infinite Commander King
This racist portorican really got the nerve 
I guess as an INDIVIDUAL I will invest in such. My old neighborhood (SE DC) is slowly getting gentrified and I hate to see it go . As for the bolded, school me.
Thanks for the insight, Ill admit im a bit ignorant on the topic however ; I hate to see neighborhoods some of which are historic completely get washed and devoid of culture. DC now aint the one when I was younger (good and bad) and im not even that old. If I can own a house in the hood before gentrification hits maybe it can spark a change with everyone turning to ownership but not everyone has my resources.... Id like for people to hold it down but from what ive realized its the mentality that makes the hood not the place/location. And im realizing with state and other funny business has something to do with it. Ur analogy (jane and the 1m$) opened my eyes
Like I said, if SE DC has cheap property still then pounce because it won't be there soon especially given DC has an inflated housing/rental market.
As for overseas, I'm still looking into it myself. But these countries in Africa have crazy growth rates and are urbanizing/industrializing quickly.
Get in the ground floor now and some of these African cities are going to experience a rapid rise in property values.
I just look google the classifieds for various countries but the key is to know the land ownership laws in each country and having a trustworthy property manager from my initial research.
Big Simpin Losing Cheese
Bought my girl a Chanel bag, and she left me still
Their neighborhood is one of the nicest looking majority black area in South Central, but dont be fooled you can get shot or robbed in those areas by them or their enemies.Them ETGs must be sittin on prime real estate
A double homicide occured in their hood
Warner Stern, 59 - The Homicide Report
Clifford Gordon Benton, 66 - The Homicide Report
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Homeboy Runny-Ray
From Around The Way
I don't know man. maybe I'm just getting old, but Ive become a bit too frustrated with all the ignorant & trifling chit.
I'm from a middle class hood, that ranges from high middle class to section 8s. from beautiful blocks to project life. theres a lot of crime, but its usually avoidable. I'm sure you get my drift.
but yea, walking down certain blocks where theres used pampers on the sidewalk, people camping out on a strangers property. and don't bother having a corner house off of an avenue. SMH.
as for my block, somebody's dog(s) left 2 huge globs of chit on my back lawn. and the new neighbors next door are dumb as rocks and cant seem to keep their kids off of other peoples property.
these aren't white neighborhood problems. at the same time, its better to be one of the brothers, than it is to be viewed as one of the others, by your own neighbors.
Don't compare black people with white people. When white people move to the hood to gentrify it, ghetto blacks leave them alone for the most part. You rarely hear about cac whites getting killed in the inner city even though they've been gentrifying the cities for about 15 years now. But, ghetto blacks do be killing other black folks...that's hardworking, not into the streets and minding their businessWant blacks to stay in the hood after they get money...fix that problem first.
ehh
when they wander off of those gentrified blocks & campuses, theres people that come up missing.
TheBlackSun
Pro
Also, why do people say that the suburbs are boring?
BlackAchilles
Veteran
South east DC is a hood “friend”....
Now its getting gentrified “friend” & all that cheap housing is going up in prices “friend” cuz someone took a chance...
On another note I can see why newark will never get gentrified. Who tf wanna live there
Not on DC's level but it's a while hell of a lot different than in my pops' day (60's-70's)
The OP has no idea what the hood is nor has he ever lived there
Suburbs does not mean "non black" plenty of black suburbs or highly populated suburbs if you care to look into it.
Problem with investing in the hood with real estate is the cost to do it and the reasoning behind it. I believe most gentrification begins with college town locations. People begin to slowly start buying out property in those areas to accommodate students then that turns into others buying properties because they spent their early adult ages there. It continues and more people join the market by buying large properties/multi units like in brooklyn and rake up the rent where the folks living their before cannot afford to stay. I've been peeping this shyt in New York, Newark, Philly etc
Problem with investing in the hood with real estate is the cost to do it and the reasoning behind it. I believe most gentrification begins with college town locations. People begin to slowly start buying out property in those areas to accommodate students then that turns into others buying properties because they spent their early adult ages there. It continues and more people join the market by buying large properties/multi units like in brooklyn and rake up the rent where the folks living their before cannot afford to stay. I've been peeping this shyt in New York, Newark, Philly etc