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Subject: "the american dream shattered in PG County/blizzard coming" Previous topic | Next topic
Binlahab
Charter member
182954 posts
Sun Jan-25-15 11:32 AM

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"the american dream shattered in PG County/blizzard coming"


  

          

http://www.washingtonpost.com/sf/investigative/2015/01/24/the-american-dream-shatters-in-prince-georges-county/?hpid=z1

fascinating.

worth a read...not just for my urrea folks but like...everybody

thesis is why is the Black middle class struggling so hard when other people seem to be making the rebound?

a lot of variables, chief among which:
- most of us work for someone else, other ethnicities have a stronger entrepreneur thing going
- predominantly Black hoods are not considered good hoods by others, unless the property value is so low it can be bought cheap, fixed up and then becomes a "transistional" hood
- a lot of people simply dont know how much goes into the upkeep of your house...besides the mortgage, you got to paint it, and landscape it and fix what breaks, or remodel to keep up w/ the trends...all have impact on the value of the property
- bad credit (its terrible)

i mean i could go on

but i wont.

on another note tho...SNOW COMING!

almost guaranteed school will be closed tomorrow...get your groceries now folks!

im tellin ya - wille d



does it really matter?

for all my fans who keep my name in their mouth: http://i.imgur.com/v2xNOpS.jpg

  

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the american dream shattered in PG County/blizzard coming [View all] , Binlahab, Sun Jan-25-15 11:32 AM
 
Subject Author Message Date ID
PG County IS the American Dream/ppl shop like fools wit snow coming
Jan 25th 2015
1
gotta get the bread and milk!
Jan 27th 2015
12
placerholder for monday. Article was mostly bullshit
Jan 25th 2015
2
Why do you think it was on some bs?
Jan 25th 2015
3
      the ppl they used as examples made dumbass/greedy decisions
Jan 26th 2015
4
           even if they hadn't refied with a dumb ass product, they'd be in the sam...
Jan 26th 2015
5
                nope. It's gonna be less because of the schools
Jan 27th 2015
7
                no, its less because people dont wanna live around a bunch of us
Jan 27th 2015
16
                     It's both. And your badass kids be trying to fight everybody.
Jan 27th 2015
22
                Maryland slowed down the foreclosure process
Jan 28th 2015
33
Boram & Atlas & Kanye Shrugged
Jan 27th 2015
6
I gotta sit down & read this.
Jan 27th 2015
8
i'm going to inherit a house in STL County w/in the next few yrs.
Jan 27th 2015
11
The series exposed a lot of financial illiteracy in our community
Jan 27th 2015
9
^^^^this is what im screaming.
Jan 27th 2015
18
the American Dream is a bullshit nightmare for most ppl.
Jan 27th 2015
10
that's one boring ass dream IMO
Jan 27th 2015
13
I'm an homeowner, and I agree with you
Jan 27th 2015
14
      it's just not for me.
Jan 27th 2015
15
           Consider yourself lucky
Jan 27th 2015
21
           You can always RENT a house.
Jan 27th 2015
23
           good point - the no kid thing makes apartment living more feasible.
Jan 27th 2015
24
           but homeownership could also be a condo/non rental apartment
Jan 28th 2015
25
                Im not at all interested in owning an apartment.
Jan 28th 2015
29
this storm was soft as terry cloth (for NYC )
Jan 27th 2015
17
I can't get views for peanuts
Jan 27th 2015
19
There is no such thing as predatory lending
Jan 27th 2015
20
In 2005, my wife (then girlfriend) made just under 45k
Jan 28th 2015
27
      Same for my co-worker in 2001
Jan 28th 2015
28
filet mignon with my food stamp, car in the name of my mama...
Jan 28th 2015
26
Black personal finances. A physician I know.
Jan 28th 2015
30
Yeah, the just buy it, you can afford it mindset has been harmful.
Jan 28th 2015
31
They are also rich enough that they can weather some storms
Jan 28th 2015
32
      maybe they do. maybe they don't.
Jan 28th 2015
34

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