Explain the Black Belt to a Californian

Dreamworx
Dreamworx

This the land where homes cost $15,000.

What is it like?

Is it impossible to make money off real estate is the 3rd world area?

Is it worse than Afghanistan, Iraq, or Syria in terms of literacy, poverty, and shootings?

Will it stay the same forever?

All urls found in this thread:
http://www.wsj.com/articles/the-black-body-count-rises-as-chicago-police-step-back-1473631079
Lord_Tryzalot
Lord_Tryzalot

@Dreamworx

try /pol/

farquit
farquit

Im not racist, I am just interested in investing in America's Third Coast.

hairygrape
hairygrape

Hey now. we Southern boys ain't so bad ya hear? We ain't got no fancy $100k houses and Toyota Camry's to show off. hyuk huyk huyk. But we got family and Jesus. Don't need morn that

likme
likme

It's possible to make money. If you don't have much initial capital it's ether social security, or through section 8.

own shitty cement house worth $40,000
has to be cement because they'll destroy anything else
collect $600/month rent
$550 of that comes from government
$50 comes from tenant, expect missed payments

or

own trailer for $10,000
have to pay lot fees of $200/month
collect $400/month from social security recipients

It isn't really worth investing in unless you live in the area and can deal with property management. Otherwise scaling requires a lot of capital, and you can just invest in your own local ghetto.

Warm summers attract retirees, and low tax right to work states attract businesses.

They might not ever experience high growth, but they're in a lot less risk of a big down turn than California.

Flameblow
Flameblow

@farquit
we said try /pol/, asshole. Just trot your not-racist self right over there.

RavySnake
RavySnake

@Flameblow
muh-racism
muh /pol/ boogeyman

He asked a legitimate question. Areas with higher concentrations of African Americans typically have lower real estate value. The phrase "there goes the neighborhood" is objectively true. ANYONE who's actually had a stake in real estate actually knows this.

LuckyDusty
LuckyDusty

calls it Tyrone land
I'm not racist guys serious question

Try /pol/ or /r9k/

@RavySnake
There is no correlation.

Booteefool
Booteefool

@LuckyDusty
He the fuck is it racist to note the area where majority blacks live and Tyrone is a common black name.

Nothing was even implied about thinking a race is inferior.

Fuck this modern reality where saying or implying anything about blacks without overtly kissing their asses is considered racist.

Spazyfool
Spazyfool

@Dreamworx
@farquit
@RavySnake
@Booteefool
/pol/

Sir_Gallonhead
Sir_Gallonhead

@Dreamworx
Is it worse than Afghanistan, Iraq, or Syria in terms of literacy, poverty, and shootings?

Black Lives Matter has made it much worse in the last 3 years:

Wall Street Journal:
"The Black Body Count Rises as Chicago Police Step Back"

Chicago is the country’s most-glaring example of what I have called the “Ferguson effect.” Chicago officers have cut back drastically on proactive policing under the onslaught of criticism from the Black Lives Matter movement and its political and media enablers.

By Sept. 8, nearly 3,000 people had been shot in Chicago in 2016, an average of one shooting victim every two hours. Five hundred and sixteen people had been murdered. Gun homicides and non-fatal shootings were up 47% over the same period of 2015, which had seen a significant rise in crime over 2014.

Boy_vs_Girl
Boy_vs_Girl

@Sir_Gallonhead
Chicago officers have cut back drastically on proactive policing under the onslaught of criticism from the Black Lives Matter movement and its political and media enablers

Chicago, Memphis, Atlanta, Baltimore, St Louis black neighborhoods are all turning into crime zones.

I wouldn't invest in property in these areas even for dirt cheap.

MPmaster
MPmaster

@Sir_Gallonhead

link

http://www.wsj.com/articles/the-black-body-count-rises-as-chicago-police-step-back-1473631079

King_Martha
King_Martha

@Spazyfool
faggot

Soft_member
Soft_member

@farquit
there's tons of areas in that heat map that have expensive homes. the entire carolina coast is beautiful and pretty expensive

happy_sad
happy_sad

@MPmaster
chicago
the south
are you fucking retarded?

w8t4u
w8t4u

@happy_sad

Settle down, Tyrone.

The southern cities with heavy nigger populations are all experiencing the same crime spike, thanks to BLM.

Sir_Gallonhead
Sir_Gallonhead

@King_Martha
/pol/

Boy_vs_Girl
Boy_vs_Girl

@Sir_Gallonhead
Reminder: this is all part of Soros's plan.

lostmypassword
lostmypassword

@Booteefool
Fuck this modern reality where saying or implying anything about blacks without overtly kissing their asses is considered racist.

Agreed.

Just remember user, the pendulum swings both ways

Playboyize
Playboyize

@Sir_Gallonhead
/out/

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