Explain the Black Belt to a Californian

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?

Other urls found in this thread:

wsj.com/articles/the-black-body-count-rises-as-chicago-police-step-back-1473631079
twitter.com/NSFWRedditImage

try /pol/

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

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

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.

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

>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.

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

Try or There is no correlation.

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.

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>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.

>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.

link

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

faggot

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

>chicago
>the south
are you fucking retarded?

Settle down, Tyrone.

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

...

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

>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

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