Breh I'm about to go deep...
Breh, I'm going to get really depressed when I think of the houses, remember a lot of African and West Indian people bought houses in prime areas. I'll never forget my aunt who had a 6 bedroom townhouse in Islington near Angel, imagine how much it would be worth now ?! She sold it when she got a business idea in Africa (which failed). Do you know how much property OUR PARENTS generation could have held on to ?! Black people just weren't motivated. Much of the white baby boomer wealth today is because they cashed in the housing boom, the people who bought cheap houses in notting hill 20 years ago, WHAT WERE BLACK PEOPLE DOING ?! Africans were the worst, instead of investing somewhere they'd live in a council flat but send the money back to Africa
All those areas like Angel, Islington, Stoke Newington, black people had houses there, those houses would be worth MILLIONS now. Black people have been here so long, all the house booms whites made money off they could have too, buy to let which most Asians made so much from they could have made money from too.
I'll NEVER forget when I was at uni, I went for an interview at a retail job for weekends. I got it. A few years later I was hunting for a flat believe the STORE MANAGER of the retail shop who was like a 23 year old Asian girl was the landlord!! There was a GOLDEN period in the 80s,90s,00s where many of the property millionaires we see today made so much money. What were these people doing ?! It still pisses me off because this generation would have benefitted greatly if they just bothered to invest. They just had NO interest in building anything. The africans would legit prefer to live in a council flat and send money to some fake building site than just buy a damn house to live in.
They dropped SO MANY BALLS and there were so many golden times....when social mobility was easier, uni was free, there were no eastern europeans. They just did nothing. Now they're old and there kids and having to start over. You have generations of black people all having to start over when people who came here have enjoyed generations of building.
So it's a cycle the kids who do build go and marry white and rinse and return but it angers me how reckless the older generations were....they had London BEFORE the EE's evaded. BEFORE the Europeans came, they had a goldmine. Asians took it they didn't. Too busy spending their pay cheques on bullshyt. Most of those African investments fell through...