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Started By
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Is gentrification a safe bet?
Posted on 4/24/23 at 7:05 am
Posted on 4/24/23 at 7:05 am
Recently looking at houses and the places with good schools that look like what we want/ new is out of our budget. There is one in a less desirable (yet still safe etc) neighborhood that’s in our budget, knocked down a old house and built a nice new one but it’s the first nice house in that street.
For more context, the town above is a A+ school district and town below is A district. This is a B-. Not a ghetto area, but the houses are ~20% cheaper vs comparable size
Question is, if they are starting this process, is gentrification a given and we just need to wait it out for better school system and property values? Or is that too risky?
For more context, the town above is a A+ school district and town below is A district. This is a B-. Not a ghetto area, but the houses are ~20% cheaper vs comparable size
Question is, if they are starting this process, is gentrification a given and we just need to wait it out for better school system and property values? Or is that too risky?
This post was edited on 4/24/23 at 7:12 am
16
Posted on 4/24/23 at 7:07 am to fareplay
quote:
Question is, if they are starting this process, is gentrification a given and we just need to wait it out for better school system and property values? Or is that too risky?
It may take a generation to completely gentrify that area.
Posted on 4/24/23 at 7:10 am to Blutarsky
For more context, the town above is a A+ school district and town below is A district. This is a B-
Posted on 4/24/23 at 7:10 am to fareplay
quote:
Question is, if they are starting this process, is gentrification a given and we just need to wait it out for better school system and property values? Or is that too risky?
There is always a risk but it will eventually pay off.
Posted on 4/24/23 at 7:13 am to fareplay
cheapest ugliest house in best possible neighborhood you can afford and fix it up over time.
Posted on 4/24/23 at 7:14 am to adamau
We’re first time buyers without any experience remodeling so a bit concerned
Posted on 4/24/23 at 7:17 am to fareplay
quote:
We’re first time buyers without any experience remodeling so a bit concerned
Don't do it then, there is always more that is uncovered during the remodel.
Posted on 4/24/23 at 7:22 am to fareplay
A B- neighborhood is more likely to turn Mexican than it is to gentrify.
A wealthy man once told me, "Black neighborhoods turn white now. White neighborhoods turn Mexican."
A wealthy man once told me, "Black neighborhoods turn white now. White neighborhoods turn Mexican."
Posted on 4/24/23 at 7:32 am to Porpus
Posted on 4/24/23 at 7:34 am to fareplay
Some folks in Highlands in Shreveport thought gentrification was coming 15 yrs ago and it’s still not there yet.
Posted on 4/24/23 at 7:36 am to fareplay
If I had a dollar for every time I've heard various parts of Jxn, MS where undergoing gentrification....
Posted on 4/24/23 at 7:38 am to fareplay
Cheap house + private school is the way
Any district with legitimately good public schools is going to cost you 700k+
Any district with legitimately good public schools is going to cost you 700k+
Posted on 4/24/23 at 7:39 am to GreatLakesTiger24
We live in a high cost of living area so the private school is also $$$$$
Posted on 4/24/23 at 7:41 am to fareplay
I wouldn’t want to be the first house. Maybe 3rd or 4th.
Posted on 4/24/23 at 7:45 am to fareplay
A+ school just means rich kids go there. It doesn’t mean your kids will get a better education or that the teachers are any better.
Posted on 4/24/23 at 7:48 am to member12
quote:
wouldn’t want to be the first house. Maybe 3rd or 4th.
This is why nothing ever works
Posted on 4/24/23 at 7:52 am to fareplay
No telling.
Gays seem to be leading edge of gentrification around here. Follow the gays.
Who are your kids friends from the neighborhood going to be.
You can always move if it doesn’t work out.
Shitty house, nice neighborhood was my decision.
Gays seem to be leading edge of gentrification around here. Follow the gays.
Who are your kids friends from the neighborhood going to be.
You can always move if it doesn’t work out.
Shitty house, nice neighborhood was my decision.
Posted on 4/24/23 at 7:57 am to fareplay
Safe bet is getting out of cities
Posted on 4/24/23 at 7:59 am to fareplay
Gentrification isn’t real. It’s only on tv
Why would a bunch of gay dudes and spineless hipsters win out against a gang of street thugs?
Why would a bunch of gay dudes and spineless hipsters win out against a gang of street thugs?
Posted on 4/24/23 at 8:09 am to fareplay
We bought in a nice but still developing neighborhood. It has taken a turn for the worse already. We are looking to move soon before our oldest is in the schools. We are targeting an established but older neighborhood with steady demographics. I don't trust what others may do in the future. All of the tension seems to be getting worse.
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