Anyone can see this coming but at the end of the day, The suburbs in Dallas are still safe while Dallas still gets over 100 murders a year.
Suburbs Are Home To The Largest and Fastest-Growing Poor Population In The Country
- Thread starter El Bombi
- Start date
what part of east dallas blowing up? lakewood or whiterock lake area
john goodman
All Star
You don't have to live in a trap, lol.... but if you have property in an urban area.. and that property is near the core city or the most valuable areas.. you should keep the property. gentrification always happens.. the Media, drug wars, etc.. all play a part in scaring nikkas out of there homes. There aren't hoods in America worse than my old hood. period. I still have property there. I mean, I feel you tho, for all I know they may be a dead body dumped in my house tomorrow... but that property is in a trap. I also live in an area now that used to be raggity and now has a flood of white people moving in.I swear, have any of you actually grew up in the hood? I'm suppose to stay in a place where
- People are outside all hrs of the night / hanging on the corners
- People shooting 3 - 4 days out of the week.
- People houses being broken into left and right
- youngins trying to break into cars.
- Loud music all the time.
- People being killed on the bus stops.
I could go on for days because I grew up around all of that and im suppose to stay there and raise my kids around that because i'm suppose to help out?my job/career affords me to be able to live a better lifestyle and my "son" comes before helping anybody else out.
For the ones saying you should stay where you grew up, do yall have kid(s)?
They closed all the projects and moved them nikkas out into the burbs. shyt happened in atlanta and now the neighborhood I grew up in is becoming the hood.
Sunalmighty
Superstar
Underrated post
I swear, have any of you actually grew up in the hood? I'm suppose to stay in a place where
- People are outside all hrs of the night / hanging on the corners
- People shooting 3 - 4 days out of the week.
- People houses being broken into left and right
- youngins trying to break into cars.
- Loud music all the time.
- People being killed on the bus stops.
I could go on for days because I grew up around all of that and im suppose to stay there and raise my kids around that because i'm suppose to help out?
For the ones saying you should stay where you grew up, do yall have kid(s)?
I'm with you. I left Oakland, but as soon as the housing crisis hit all the gentrification started. West Oakland has always been a gold mine, it's near the freeway and close to San Francisco. They save a few hundred k on property. They have redone the entire lake area, downtown and most of the black businesses have been shutdown (because of niccas having SHOOTOUTS.) I would love to live in the city, that life is mostly for young professionals. I bought in the burbs, but I would LOVE to own some property in west Oakland. I'm not trying to live next to some nicca who wants to bring the hood to the burbs though. If I buy some property, I want to live next door to home owners lol
Sunalmighty
Superstar
What pisses me off about these niccas is they don't understand that crime lowers the property value. And then they complain when their areas are being turned over smh. If you can cop some property in an area being gentrified, do it. You will make an incredible profit in the long run. In west Oakland, white folks are out jogging and walking their dogs. Their is a police presence. It's a trip, but unfortunately it was needed.
Moving to places that are undergoing changes via gentrification etc, only makes sense most of the time if you single and I'd argue also a male. You still gonna have crime out the ass. I'm livin in DC and you see it, they building up a new apartment complex on the Howard/shaw metro for example and you keep walkin right past that and you back in the hood.
It makes no sense to take your kids and your valuables to some crap areas that are supposedly on the come up just to have them sittin in shyt schools with fights happening everyday and your stuff gettin stolen.
White people are willing to take the risks of living in these areas because they are willing to take the risk in the investment. I won't clown the black people that aren't willin to just pop back up and move down there again because most likely they left cause they seen the ills of the community and got tired of the nonsense.
If you wanna be mad at somebody for making young black professionals hesitant to move to these gentrified areas and spots back in the city, be mad at these young nikkas out here waiting for YOU to come up so they can take what you got.
It makes no sense to take your kids and your valuables to some crap areas that are supposedly on the come up just to have them sittin in shyt schools with fights happening everyday and your stuff gettin stolen.
White people are willing to take the risks of living in these areas because they are willing to take the risk in the investment. I won't clown the black people that aren't willin to just pop back up and move down there again because most likely they left cause they seen the ills of the community and got tired of the nonsense.
If you wanna be mad at somebody for making young black professionals hesitant to move to these gentrified areas and spots back in the city, be mad at these young nikkas out here waiting for YOU to come up so they can take what you got.
Same thing happening in Detroit man...the hipsters and yuppies are taking over midtown, woodbridge, corktown and pretty soon New Center and parts of Mexicantown...its great for the city, terrible for the current residents who aren't on board or can't afford it.
But the burbs were a nightmare and disaster waiting to happen, the infrastructure of the city and near-city dwarfs the efficiency of the burbs. It flat out costs too much to live out there even with the superior policing and schools. Problem is with jobs in the state their are in and the lack of continuing wealth in the burbs (college grads either unemployed, moving to the city, or staying where they went to school) its bad news.
I personally hate the burbs, everything is too far from anything.
In theory white flight is a great thing: Its racism making perfectly good homes and communities affordable for low income black families who were previously living in projects or renting without building any assets.
But in actuality when home prices drop, crime moves in and fukkery ensues. So those that have a choice are dipping just like the white folks did.
"It aint the projects, its the nikkas thats up in em"
no, haven't been to philly like that.
but even if that happens to that part of philly, the poor is going to have to go somewhere. you can try to displace them all they want but with the way this country is, there will ALWAYS be poor people. there will be MORE poor people too especially considering that the "middle class" is basically becoming the new working poor.
gentrification is NOT a good thing btw. you have these folks basically trying to fix up a place, move to it, rising the cost of homes in a neighborhood and will eventually have to leave because they will NOT be able to afford it.
makes absolutely no sense. it's basically shooting yourself in the foot.
cleanface coney
Superstar
Editorial: Michigan becoming a smart investment
SOURCE: The Detroit News
May 21, 2013in Headlines, Rock Ventures
Money attracts money, and Michigan is attracting a lot more venture capital today than it has in a decade and at a faster pace than the rest of the nation.
A new report from the Michigan Venture Capital Association says the state jumped to the 15th spot in terms of business accelerator activity, up from 25th last year. And while national venture capital investment dropped 10 percent, in Michigan growth has been steady, with $232 million in investments made last year.
Give credit to a number of factors.
First, of course, is the recovering economy, led by the resurgence of the Big Three automakers. The strong rebound of Ford, General Motors and Chrysler have pumped fuel into Michigan’s economy, improving the prospects of businesses across the spectrum, including start-ups.
In addition, Gov. Rick Snyder and the Republican legislature have transformed the state’s policy making culture to place the emphasis on improving the business climate and attracting jobs and investment.
That has required some tough decisions about shifting the tax burden and making government a lot more efficient — and smaller. But it is paying off. People with money are starting to notice that Michigan is no longer shackled to rust-belt policies that favored unions and viewed business as a cash cow to support entitlement programs.
Also give considerable credit to local venture capitalists who are putting their money where their homes are.
Among them are folks like Josh Linkner and Dan Gilbert and their team at Detroit Venture Partners, who are funding entrepreneurs committed to helping them rebuild Detroit. Among the firm’s investments are Chalkfly, an online office supply company, and iRule, an Internet start-up that connects mobile phones to home entertainment systems.
These are the types of fast-growing businesses that have unique appeal to the young, college educated talent that abandoned Michigan over the past decade.
Michigan still has a long way to go to reach the top tier of states, those with more than $1 billion in venture capital lending — California, New York and Massachusetts. But it’s headed in the right direction. Twenty-three venture firms are now operating in Michigan, with $1.5 billion under management. The average fund is managing $75 million.
So it’s still small in scope. But the encouraging news is that it is growing, and Michigan is getting noticed. When out-of-state funds investing in Michigan are included, the total under management swells to $3.7 billion, with $456 million available for new investments.
Slightly more than half of the investment is in life sciences start-ups. Manufacturing is drawing just 4 percent. The other large categories are information technology, media and alternative energy, again, fields that tend to draw younger, more highly educated workers.
Michigan is a good investment again. The confidence of investors is a good argument that the steps taken make to the state more competitive are paying off.
SOURCE: The Detroit News
May 21, 2013in Headlines, Rock Ventures
Money attracts money, and Michigan is attracting a lot more venture capital today than it has in a decade and at a faster pace than the rest of the nation.
A new report from the Michigan Venture Capital Association says the state jumped to the 15th spot in terms of business accelerator activity, up from 25th last year. And while national venture capital investment dropped 10 percent, in Michigan growth has been steady, with $232 million in investments made last year.
Give credit to a number of factors.
First, of course, is the recovering economy, led by the resurgence of the Big Three automakers. The strong rebound of Ford, General Motors and Chrysler have pumped fuel into Michigan’s economy, improving the prospects of businesses across the spectrum, including start-ups.
In addition, Gov. Rick Snyder and the Republican legislature have transformed the state’s policy making culture to place the emphasis on improving the business climate and attracting jobs and investment.
That has required some tough decisions about shifting the tax burden and making government a lot more efficient — and smaller. But it is paying off. People with money are starting to notice that Michigan is no longer shackled to rust-belt policies that favored unions and viewed business as a cash cow to support entitlement programs.
Also give considerable credit to local venture capitalists who are putting their money where their homes are.
Among them are folks like Josh Linkner and Dan Gilbert and their team at Detroit Venture Partners, who are funding entrepreneurs committed to helping them rebuild Detroit. Among the firm’s investments are Chalkfly, an online office supply company, and iRule, an Internet start-up that connects mobile phones to home entertainment systems.
These are the types of fast-growing businesses that have unique appeal to the young, college educated talent that abandoned Michigan over the past decade.
Michigan still has a long way to go to reach the top tier of states, those with more than $1 billion in venture capital lending — California, New York and Massachusetts. But it’s headed in the right direction. Twenty-three venture firms are now operating in Michigan, with $1.5 billion under management. The average fund is managing $75 million.
So it’s still small in scope. But the encouraging news is that it is growing, and Michigan is getting noticed. When out-of-state funds investing in Michigan are included, the total under management swells to $3.7 billion, with $456 million available for new investments.
Slightly more than half of the investment is in life sciences start-ups. Manufacturing is drawing just 4 percent. The other large categories are information technology, media and alternative energy, again, fields that tend to draw younger, more highly educated workers.
Michigan is a good investment again. The confidence of investors is a good argument that the steps taken make to the state more competitive are paying off.
Sunalmighty
Superstar
For you Detroit niccas, is it really THAT messed up?
philmonroe
Superstar
Basically I try to tell my man this shyt and he like it ain't happening. I'm like you crazy Philly trying to be on its NY shyt the closer you are to downtown the more expensive it's going to be. They got home in Nolibs going for 750k I'm like shyt cray from back in the day.
My question is do you think these areas will have bigger houses? I want a big ass house.
