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re: Is gentrification a safe bet?
Posted on 4/24/23 at 8:10 am to Porpus
Posted on 4/24/23 at 8:10 am to Porpus
quote:
wealthy man once told me, "Black neighborhoods turn white now. White neighborhoods turn Mexican."
True statement in my area. Current neighborhood is nice but has been steadily populating with Mexicans. Don't plan on being here beyond another 5 years. Mexicans are nice folks for the most part and are family oriented.
Only moving due to desire to have fewer neighbors and preferably none within in seeing or hearing distance.
I used to be a people person until I lived among people.
0
Posted on 4/24/23 at 8:14 am to fareplay
If just one house has been leveled and rebuilt, it’s not yet a safe bet. Problem is, once an area becomes a safe bet for gentrification, it’s usually too late to get in on the ground floor.
If you like the house and can live with the negative aspects of the neighborhood, buy the house.
If you like the house and can live with the negative aspects of the neighborhood, buy the house.
Posted on 4/24/23 at 8:51 am to Auburn80
quote:
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.
Yet the stats show people are more likely to be a product of thier environment than anything else.
so just to be clear, your position is....yea lets not send our kids to school with well off kids?
Posted on 4/24/23 at 8:53 am to TomJoadGhost
This sounds like a promoted crypto tweet. Someone, somewhere is about to get bilked out of their dough.
Posted on 4/24/23 at 8:54 am to fareplay
Don’t buy in the just started gentrification area unless you want to pay for private school. It takes a generation for the schools to catch up.
Can you rent in the good area and wait for the right property? There is really no silver bullet your dilemma
Can you rent in the good area and wait for the right property? There is really no silver bullet your dilemma
Posted on 4/24/23 at 8:57 am to fareplay
quote:
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
Unless Boston proper decides to start mowing down 300-year-old buildings to build more housing, I think the Boston burbs and outer burbs will be a good buy
Posted on 4/24/23 at 9:02 am to Auburn80
quote:
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.
It means their parents are successful, so likely well educated and place a lot of importance on education. So your kid will hang out with other kids who are growing up with the expectation that they will be well educated. You are right that I don't think the teachers are superior in good school districts. The community is superior and that plays a huge role.
To the OP, gentrification typically starts with the artsy/hipster/young types who don't yet have kids and want to live in the new hip place. Cost is less, but you can be close to the "interesting" things. They don't yet care about schools, or typical infrastructure that a family unit may want. Then more people follow as more things open due to the newfound influx. Eventually those people have kids and it starts to turn schools around. If you are an early adopter, you are the one taking the hit of not having the good schools or infrastructure developed. You want those gbeneficial things for your family, you have to wait until it's fully transformed.....then it isn't cheaper anymore. You get what you pay for.
Posted on 4/24/23 at 9:03 am to LSU0358
quote:
Some folks in Highlands in Shreveport thought gentrification was coming 15 yrs ago and it’s still not there yet.
I think in cities like Shreveport that aren't seeing any population growth then there is no reason for people to risk moving into a crap neighborhood in the hopes of gentrification.
In shreveport especially, geographically, highland isn't even where I would want to be if the neighborhood was nice. South highlands is better located for restaurants, shopping, schools, etc.and the houses aren't shite.
Posted on 4/24/23 at 9:14 am to Porpus
quote:
A wealthy man once told me, "Black neighborhoods turn white now. White neighborhoods turn Mexican."
This doesn’t reflect anything I’ve seen… usually it’s white neighborhoods turning black and then Mexican, while the white people run to a new area and build a new neighborhood.
Posted on 4/24/23 at 10:33 am to Porpus
quote:
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."
The Asians move in before the mexicans....
Posted on 4/24/23 at 3:27 pm to lsu777
quote:
the stats show people are more likely to be a product of thier environment than anything else.
The primary indicator of children’s success is parental involvement, not the particular school they go to. Schools at the elementary level are all teaching the same thing. It’s at the high school level when you need more diverse courses and curriculums. I’m not dissing high rated schools, but kids do fine at other schools as well.
Posted on 4/24/23 at 3:41 pm to OKBoomerSooner
quote:Exactly. That's certainly how it works in Kentucky. No idea what that guy was talking about. Never seen that.
This doesn’t reflect anything I’ve seen… usually it’s white neighborhoods turning black and then Mexican, while the white people run to a new area and build a new neighborhood.
Posted on 4/24/23 at 7:15 pm to Hermit Crab
quote:
cities like Shreveport that aren't seeing any population growth
Excellent point. Hoping for gentrification when your city or parish/county is having negative population growth is not a good plan.
Posted on 4/24/23 at 7:22 pm to Auburn80
quote:peer groups matter
The primary indicator of children’s success is parental involvement, not the particular school they go to. Schools at the elementary level are all teaching the same thing. It’s at the high school level when you need more diverse courses and curriculums. I’m not dissing high rated schools, but kids do fine at other schools as well.
Posted on 4/24/23 at 7:24 pm to FOBW
quote:
Follow the gays.
Specifically gay men. This is actually really good advice.
Posted on 4/24/23 at 7:55 pm to touchdownjeebus
quote:
Specifically gay men.
Was just thinking this. LGBT History of the city where he’s moving:
quote:
According to organizers, Waltham has been an important place for LGBTQ+ people in New England since at least the early 1980s as the home of one of the oldest trans rights organizations in the US, Trans Community of New England, which was founded in 1978.
quote:
In the 1990s, Waltham was also home to Vernon’s, a store on Moody Street that specialized in clothing for trans women and male cross-dressers. In the 1980s to 1990s, the group “Way Out Waltham” organized gatherings for the local LGBTQ+ community, including a local party after Boston Pride.
Public school might be an issue, depending on your political/moral beliefs
quote:
Since then, the Waltham LGBTQ+ community has overcome Waltham High School's potential ban on two LGBTQ-themed books and responded to apparent attempts to censor the Little Queer Library.
In my unscientific opinion, gay men gentrify, but trans folks are usually in more sketchy areas (drugs/prostitution).
Given the average income in your neighborhood, doubt drugs/crime is an issue.
A “B” school outside of Boston probably has the same quality instruction/courses as the “A+” school. I would guess there is a larger Asian/Desi population attending the A+ school, since grades of schools are partially based on test scores
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