>You're funny. You're uncle is the exception not the rule.
>But your uncle could rent that place and get a loan to buy in
>another spot. Anything he could get in rent would likely be
>profit given he has no mortgage.


Do you know anything about buying or selling real estate?
Do you like slumlords or being one?
My uncle could get sued for trying to rent his house in the condition it is in.
Furthermore, nobody would rent that house the way it is unless they want a trap house or like five mexican families that are trying to squeeze in it.
And furthermore, if my uncle rented his house at lets say $500 per month, then he himself would need to find a place to live which would be i guess $800 per month
so it would COST HIM $300 per month to rent his house

again, it all comes down to NUMBERS
no offence, but what is your background with issues like these?





>My point is that the system is all
>to blame when we get left out when an area gets gentrified.
>If you re-read what you wrote, you actually help prove my
>point.


the "system" is not to blame
i know of three areas in houston right now that can be EASILY gentrified for CHEAP and nobody would be to blame for that
but the ppl that moved in and tried to gentrify it would have to put up with bullets flying past their heads or having their doors kicked in and robbed for a few years before things really stabilized and started moving upwards
the reason why the home prices in them areas are so cheap is because of MURDERS and VIOLENCE
simple as that
tell you cousins to stop killing each other and gangbanging and the property values will increase

stop smoking blunts on the stoop and your property values will increase
that aint the "system" going against you
that's you yourself killing yourself