Reply to Housing is the new source of inequality

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[quote=Anonymous][quote=Anonymous]I’ll never forget my realtor in 2005. She had this incredible home on the hill. She said she bought it 15 years prior and no one supported her decision or ever would even come to her house.  SO many DC neighborhoods that are now desired by UMC whites (Petworth, H Street, Logan, U St, Shaw, Trinidad) were blighted as recently as 2002. In 2002 my job was to help bust drug houses in Trinidad.

Eventually, for better or for worse depending on your stance on gentrification, UMC people have bought up these neighborhoods, but to gain wealth in real estate you have to stretch from your comfort zone.  I never forgot that agent.  I bought in Logan and H street and eventually leveraged my way into my Arlington home…20 years from whence I started on my 38k salary.

With recession looming, you should be looking anywhere that gets you to Amazon HQ on metro and buy in the dip. [/quote]

I remember when MPD set up roadblocks around Trinidad, and checked IDs of people trying to enter the area.  You weren't able to drive in unless you lived there.  Point being, times sure do change.  [/quote]

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