Brehs, the wealth in Washington

unit321

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Oh I totally agree, don't get me wrong, there are plenty of people established in the area, and there's quite a bit of old money in this area too. My anecdotal comes from what I've seen in areas like Loudoun and parts of Fairfax. I work in insurance, and there are people with 5,000 square foot homes that can't even tell me their monthly budget or have anything in a windfall account.
OK. I sold my townhome when the bubble was almost at its peak and I made stacks on stacks. :banderas:

The buyer was a single mother, nurse, with a one child. I'm thinking, where is she getting the money unless she's maxing out on the loan. That was years ago. Found out years later that the home was foreclosed by her lender.
 

the next guy

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Blacks not the only race that do this. whites have big debt, multiple bankrupty cases and so 4th....this is not exclusive to Black Americans






This is actually a good question, comes to humanity. Some lower class blacks who chart middle class money or somewhat close to middle class money leave cities for suburbs, some do it because they think that is the American Dream some do it because they think living near "whites" will somehow adjust their status...it's like a mental thing.....I agree that we should remain in cities that are currently becoming gentrified and rebuild these areas......

instead of working to fix broken areas...some Black Americans would rather move out...it's almost like it's not built in them to stay and rebuild....again this is not exclusive to Blacks but this is a issue that needs addressing
And then they bring ratchetness with them while the white kids move back downtown to gentrification.
 

Uncle Kingpin

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bruh; understand that it's classes to shyt shyt...upper/middle/lower....just because you do not see blacks spending within their own community...does not mean that it's not happening.....
:dwillhuh:If bougie blacks are spending within their own community...but nobody sees it or the effects of said spending...did it really happen?

As a black businessman, i can only speak from my experience. Bougie blacks support black arts, black salons, and black bars / restaurants. Outside of that, they seem to make it a point to buy products and services from whites. Jewish lawyer, indian doctor, asian dry cleaner, spanish maid etc. And pay top dollar. When it comes to me, they want a deal / the hookup, dont pay on time, etc and expect me to understand like
"hey brother you know how it is as a fellow black man":jawalrus:

Well, not everyone spends all they have. Some do and they are going to go bankrupt. Are there fools out there with their money. Yes. But there are also wise one.

Increasing one's debt with increased income is not just a black thing. It's a white thing too, but it's just defined as "trying to move up".

White professionals doing more for the poor blacks than black professionals? I going to need some documentation on that.
Ask any black beggar who gives him the most charity:mjpls:
:manny:White people are living above their means and not build wealth, but when blacks do it is significantly more devastating to their respective communities
 

unit321

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Ask any black beggar who gives him the most charity
Well, I guess that's the unscientific approach.

Me: Excuse me, I'm trying to get some information on a topic related to homeless people. Who gives you more hand outs? White or black people?
Bum: Uh, white people, maybe.. Hey, mind sparing some change?
Me: <walks away>
Bum: Hey! Come on man.
Me: <gets in car and drives away> Hmm, I guess Uncle Kingpin was right.
 

Uncle Kingpin

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Well, I guess that's the unscientific approach.

Me: Excuse me, I'm trying to get some information on a topic related to homeless people. Who gives you more hand outs? White or black people?
Bum: Uh, white people, maybe.. Hey, mind sparing some change?
Me: <walks away>
Bum: Hey! Come on man.
Me: <gets in car and drives away> Hmm, I guess Uncle Kingpin was right.
:yeshrug:We're not having a scientific discourse, so anecdotal evidence is ok.
:mjpls:I never heard of a historically white college not having enough donations from alumni to keep the school running
:mjpls:I didnt see one bougie black besides Russell Simmons and Jay Z supporting Occupy Wall Street
:mjpls:For all the bougie black women in designer everything, i dont know one black designer they made rich
 

the next guy

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Well, I guess that's the unscientific approach.

Me: Excuse me, I'm trying to get some information on a topic related to homeless people. Who gives you more hand outs? White or black people?
Bum: Uh, white people, maybe.. Hey, mind sparing some change?
Me: <walks away>
Bum: Hey! Come on man.
Me: <gets in car and drives away> Hmm, I guess Uncle Kingpin was right.
I think his point is DC is supposed to be choclate city and it's not looking like that. And it's not whitey it's the rich blacks that are the problem.
 

Wild self

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I live in the DMV, and let me be the first to tell you DO NOT be fooled by the appearance of money. They all dress in expensive clothes, drive european cars, live in big houses, yet most have negative net worth. For all the talk of high-income blacks in the DMV, hardly any are building wealth or investing in businesses. Most live check to check, they just have a bigger check. I have met so many girls making 100k+ but never have more than a couple thousand in the bank, and thats only on payday.

Uhh, that is the same for everywhere.
 

The Coochie Assassin

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I live in the DMV, and let me be the first to tell you DO NOT be fooled by the appearance of money. They all dress in expensive clothes, drive european cars, live in big houses, yet most have negative net worth. For all the talk of high-income blacks in the DMV, hardly any are building wealth or investing in businesses. Most live check to check, they just have a bigger check. I have met so many girls making 100k+ but never have more than a couple thousand in the bank, and thats only on payday.

East Africans took over the area around Howard...hardly see any AA businesses but a few....I was staying in Rockville, MD last year and the Asians got all their businesses with their language everywhere....Black Americans really lost the sense of what true wealth is and don´t have the patience to build...they just want to work for someone that doesnt look like them and have enough to ball on the weekends
 

Yakno1

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East Africans took over the area around Howard...hardly see any AA businesses but a few....I was staying in Rockville, MD last year and the Asians got all their businesses with their language everywhere....Black Americans really lost the sense of what true wealth is and don´t have the patience to build...they just want to work for someone that doesnt look like them and have enough to ball on the weekends

some what true but bruh' we really need to stop tearing each other down and be the change or at least attempt to be the change you want to see
 
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