Does anyone else still stay in the hood because it’s cheaper and they’re not really scared or all the crimes and gangs because they grew up with it?

likehelpful
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Yes not that I grew up in a gang, nor in the hood for real. I do it for the affordability, and love of my people. There are a lot of people in the hood looking for avenues out and don’t believe they can because all they see is the hood and they will never see or know better if all the good lives in the burbs. I try to provide some light of an example to them that dude at that house is an accountant and doing good.

likeuplifting

Definitely. I see my colleagues spending $200-300k on homes and that thought is nearly unthinkable for me. My home would be worth (cost) nearly 4 times as much as I paid, literally two blocks further north. The area I stay in isn’t as bad as the area I grew up in, but the area two blocks north just doesn’t seem worth 4 times as much to me. Sometimes I feel like Im missing out on home value appreciation but Id honestly rather put the money I save into rental properties (actual income producing assets) instead of a nicer place to sleep...but thats just me I guess.

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