Your broker is confining the "poor blacks" into one hood and everyone else go elsewhere.
That shit has to stop!

But I feel you on the cars tho.
In the two nabes I listed the Black one has classic cars with "flake" paint jobs on them in the driveway sitting on Daytons

The white nabe is bland ass camrys and altimas.
Not to say the white mans car selection is better.
But as you pointed out could be a frame of thought.

I have some rental houses in Decatur, GA off River Road.
This nabe was built in 2001
Homes were going for $100-120k
Ten years later in 2011 I'm not gonna tell you what I bought for.
And in 2013 again, I'm REALLY not going to tell you what I bought the house next door for.
But, the community has went to shit.
Not too much crime.
But just the general upkeep of the surroundings is fucking piss poor

I've been thinking about starting an HOA there but I highly doubt folk will sign up to be charged for lil bit o nothing after living there for so long




>I had the opportunity to buy comparable houses in a mostly
>black neighborhood and a mixed neighborhood back in 01. Both
>were considered "Starter" communities... relatively
>low-priced. My real estate broker counseled me to buy in the
>mixed neighborhood NOT because of the racial makeup but
>because of the economic makeup.
>
>Namely, the people in the mixed neighborhood had higher
>incomes yet were more financially conservative. They saw their
>homes as the starter homes that they were and either bought
>well below their limits or saw considerable pay increases
>because they were upwardly mobile in their careers. Either
>way, they were able to live their lives, maintain and even
>improve their homes and then move on to bigger better homes
>with a combination of their savings and their profit from
>their homes.
>
>The people in the other neighborhood were generally poorer
>with poorer career prospects. They stretched to afford their
>homes then stretched to buy the best car they could afford
>(ironically, they had better cars in this community than the
>mixed one). They didn't have the money to maintain their
>homes, let alone improve them, so property values stagnated.
>They stayed in their homes forever because they couldn't sell
>their homes for a meaningful profit and their other financial
>decision limited their savings.
>
>So what you may consider a racial thing is really an economic
>thing with some cultural/racial spice... there were alot of
>black people in that mixed neighborhood too but they were
>either upwardly mobile or just benefitted from living around
>alot of other people that were upwardly mobile.
>
>I ignored this lesson on my 2nd home purchase and I'm paying
>the price now.