Black homeowners in the ATL learn about racism the hard way

[lazarus]

That really is a shame. Like the brother said, they did everything they were supposed to do, and have been since they were what??? Realistically 15-16 trying to set up where they were going to school, what they were going to major in, what frat/sorority they were going to pledge in hopes the networking opportunities would set them up after school, got the career, saved the bread, got the home loan without cutting corners, and the plan still didn't work out. Why??? Because we blackfolks... Yet you have whitefolks read this and they'll come up with every reason but the real one why this happened there, and practicality everygoddamnwhere else in the country.

amerikkka will never be for us. I tire of black folks thinking that it can change. The game is rigged. They need us to fail. The sooner you learn that, the sooner you think outside the box to win.
1) leave the game and live somewhere outside the country
2) run game on game. buy a place in a white neighborhood, rent it out to a white family, make cheese, and watch your house value go up while you chill in a black well to do neighborhood. If you want to sell, rip off some racist schmucks, and make your money.

 

[Mrfreddygoodbud]

NO ONE is ever moving to south dekalb en masse. Theres no financial center anywhere near it, tons of industrial zoning, schools suck, no jobs.


And of course it has a high crime rate.

sounds like a gentrification process in the works....

 

[Dr. Truth]

very interesting article. In Cali, black neighborhoods that could be gentrified actually go higher in price. Hipsters crave to have a 90% white neighborhood with sprinkled ethnics.

In the BAY hipsters like living in the hood. Makes them feel liberal and credible. Like they slumming it with the coloreds. I hate them.

 

[Mello Mello]

Niggas think because they got money they exempt. Naw. Ex SF mayor Willie Brown was pulled over while still mayor and harassed. Crackas are even more angry when we smarter and richer than them. They blame our success on affirmative action pretending we got where we at because a more qualified cracka got over looked. Whites are a sick species.

Ain't nothing a white man with a penny hate more than a nigga with a nickle.

 

[JimJones]

How can voting fix this?

 

[Mr.Chuckles]

You have "educated" black folks with 800 credit scores being swindled. You're not convincing a white family to "rent" anything. For that to work, you're going to have to create a black mortgage company that's fronted by a white guy. That sounds exhausting.

Land trust and rental management firm and your problem is solved

 

[kain]

We have to separate parts of our society from theirs. Integration watered down what we built for 50 years. They will always rig the process against us.

 

[Gully]

The game they are running in Atlanta is serious. My mom has a 4,500 sq foot house in College Park that was purchased in the 70's for 60,000. The house was not originally that big, but we added on to it and shit is beautiful. When the market was booming the house as appraised at close to 400,000. Her life goal was to be able to leave me and my brother something of value, and she always thought the house would be it. Well in 2015 the house appraised for 55,000. I moved to a condo and Buckhead, and everyday I drive by houses on W Wesley that are no where close to the caliber of her house and the lowest price I have seen is 895,000. There are 15 to 20 houses in that neighborhood for sale right now that white folks bought 3 to 5 years ago for 400, 000 to 500, 000 and then turn around in 5 years and sell for 800,000 to 1.2 million. These CAC's are making half a mil on houses in less than 5 years. Trust me they are not letting anybody black move in those neighborhoods, except the occasional athlete, entertainer or politician.

 

[Mello Mello]

The game they are running in Atlanta is serious. My mom has a 4,500 sq foot house in College Park that was purchased in the 70's for 60,000. The house was not originally that big, but we added on to it and shit is beautiful. When the market was booming the house as appraised at close to 400,000. Her life goal was to be able to leave me and my brother something of value, and she always thought the house would be it. Well in 2015 the house appraised for 55,000. I moved to a condo and Buckhead, and everyday I drive by houses on W Wesley that are no where close to the caliber of her house and the lowest price I have seen is 895,000. There are 15 to 20 houses in that neighborhood for sale right now that white folks bought 3 to 5 years ago for 400, 000 to 500, 000 and then turn around in 5 years and sell for 800,000 to 1.2 million. These CAC's are making half a mil on houses in less than 5 years. Trust me they are not letting anybody black move in those neighborhoods, except the occasional athlete, entertainer or politician.

How does that even happen? Are they adding state of the art appliances and insulation, stone driveways etc after they purchase the house?

I thought Georgia homes had a slow appreciation value. How are they able to flip them so fast at that value?

 

[Gully]

How does that even happen? Are they adding state of the art appliances and insulation, stone driveways etc after they purchase the house?

I thought Georgia homes had a slow appreciation value. How are they able to flip them so fast at that value?

Man I am telling you it is game being played that we are not in on. Living down here and working with some of these CAC's, I have learned that they move in this Buckhead area simply to send their kids to good schools. Once the kids are done, they bounce and go buy a crib on some lake somewhere after pocketing 300,000 to 500, 000, and enjoy life.

 

[durham]

If they want to move, sell to other Black people. If you want to refinance, do it at a Black owned Bank. Black Banks RESPECT the wealth of your customers and treat them like shit.

Problem solved.

 

[exiledking]

sounds like a gentrification process in the works....

It wold sound like that if you don't know shit about south dekalb, Atlanta metro area or gentrification in general


The point of gentrification is to take over neighborhoods IN THE CITY, not the burbs. Bankhead hwy, west end, vine city, etc...

All those areas will be gentrified before fucking south dekalb.

There's nothing to hold on to in south dekalb because there's nothing out there. Fortunately everyone is coming to their senses about moving way the fuck out for nothin to a McMansion.

After really reading the article, there are a lot of flaws in how that data is laid out.

 

[Kwame Coltrane]

One reason that values are stagnant are also because of the amenities. Businesses have abandoned the hell out of South Dekalb. Fewer decent dining options, lower end grocery stores, shitty parks and schools. Everything is on the north side. Over by Stonecrest they lost Target and Bestbuy within a year. That area is not abandoned by any means. Its still thriving, but two major retailers just up and moved.

 

[lazarus]

You have "educated" black folks with 800 credit scores being swindled. You're not convincing a white family to "rent" anything. For that to work, you're going to have to create a black mortgage company that's fronted by a white guy. That sounds exhausting.

way easier than that. theres companies out there that do all the leg work for renting out properties. They wouldn't know you from Billy Bob.

 

[Louis Koo]

Property values, just like anything else in america, are tied to white folks; lets just be honest with ourselves for a minute; for me, I would never buy a "home" were only black people lived; Unless I knew they were changing the demographics; because you can only sell to blacks; whites dont want to live in all black neighborhoods; never have and probably never will; unless it benefits them...

#Clinton in Harlem

 

[exiledking]

The game they are running in Atlanta is serious. My mom has a 4,500 sq foot house in College Park that was purchased in the 70's for 60,000. The house was not originally that big, but we added on to it and shit is beautiful. When the market was booming the house as appraised at close to 400,000. Her life goal was to be able to leave me and my brother something of value, and she always thought the house would be it. Well in 2015 the house appraised for 55,000. I moved to a condo and Buckhead, and everyday I drive by houses on W Wesley that are no where close to the caliber of her house and the lowest price I have seen is 895,000. There are 15 to 20 houses in that neighborhood for sale right now that white folks bought 3 to 5 years ago for 400, 000 to 500, 000 and then turn around in 5 years and sell for 800,000 to 1.2 million. These CAC's are making half a mil on houses in less than 5 years. Trust me they are not letting anybody black move in those neighborhoods, except the occasional athlete, entertainer or politician.

Dude .... Do you realize you're comparing buckhead to college park?

You're comparing the part of town with planes flying in and out day in and day out, all industrial, working class jobs, not the best schools, suburb of a small town to

The heart of a financial district, tons of Fortune 500 companies, high end shopping, tourism, restaurants...


The difference here is simple. Location, location, location.

You really don't know why people would rather pay more to live in buckhead than college park?

 

[exiledking]

One reason that values are stagnant are also because of the amenities. Businesses have abandoned the hell out of South Dekalb. Fewer decent dining options, lower end grocery stores, shitty parks and schools. Everything is on the north side. Over by Stonecrest they lost Target and Bestbuy within a year. That area is not abandoned by any means. Its still thriving, but two major retailers just up and moved.

Finally, somebody actually knows the area they used as a test. If the place where the 41% of decreased property values are like south dekalb then what people really need to be looking at is the places where the 31% of increase has happened and tell us what those stories are.

I still have friends who swear the suburbs is where it's at, because they're afraid of the "inner city". Meanwhile that's where all the increases are happening.

 

[water]

Kind of crazy some of you have lived through 2 recessions and still don't understand the game.


Recessions are created, economic booms are created.

Learn the timing.

Save cash in good times, buy in bad times, sell in good times.

Black people in this country are too reactionary.

when there is an economic boom, blacks are the last to get on the train.

When recessions are coming, the first to get kicked off the train.

Mofos think this country really cares about "it's people".

This mofos swallows whites as well so watch your neck, learn the system and come out on top.

It's not that fucking hard.

You just have to be in learning mode.

 

[ShortyCumStain]

NO ONE is ever moving to south dekalb en masse. Theres no financial center anywhere near it, tons of industrial zoning, schools suck, no jobs.


And of course it has a high crime rate.

Yeen lyin'.

 

[code_pirahna]

Same thing happening in Prince George County

 

[SPECTRE1]

The housing values were inflated because of subprime loans. There will be no recovery.

You can't trust any bank owned and controlled by whites. I caught one stealing money out, fuck giving you a jacked up loan leaving me stranded in the U.S. longer than I care to be.

They are becoming like Nigerians with their constant scams. Actually they are worse, because they cause 1000x more damage.

 

[exiledking]

Kind of crazy some of you have lived through 2 recessions and still don't understand the game.


Recessions are created, economic booms are created.

Learn the timing.

Save cash in good times, buy in bad times, sell in good times.

Black people in this country are too reactionary.

when there is an economic boom, blacks are the last to get on the train.

When recessions are coming, the first to get kicked off the train.

Mofos think this country really cares about "it's people".

This mofos swallows whites as well so watch your neck, learn the system and come out on top.

It's not that fucking hard.

You just have to be in learning mode.

THEY aint gone let us do dat bawse!!

 

[LordSinister]

amerikkka will never be for us. I tire of black folks thinking that it can change. The game is rigged. They need us to fail. The sooner you learn that, the sooner you think outside the box to win.
1) leave the game and live somewhere outside the country
2) run game on game. buy a place in a white neighborhood, rent it out to a white family, make cheese, and watch your house value go up while you chill in a black well to do neighborhood. If you want to sell, rip off some racist schmucks, and make your money.

That's what I'll probably end up doing. I bought a nice place in a Cac community and I'd rather rent it to young hipster CAC's for $3,800 and let them buy the house for me.

 

[Mrfreddygoodbud]

It wold sound like that if you don't know shit about south dekalb, Atlanta metro area or gentrification in general


The point of gentrification is to take over neighborhoods IN THE CITY, not the burbs. Bankhead hwy, west end, vine city, etc...

All those areas will be gentrified before fucking south dekalb.

There's nothing to hold on to in south dekalb because there's nothing out there. Fortunately everyone is coming to their senses about moving way the fuck out for nothin to a McMansion.

After really reading the article, there are a lot of flaws in how that data is laid out.

well you are correct only in I dont know anything about atlanta, been there once in the early 90s for a jack the rapper convention...


but I do know elite crackers that run the game think and they think and plan thirty years ahead... so why you are looking at how its been and how it is now, they makin plans on how things are going to be in the future...

which is why most folks never see gentrification coming untill its already in progress...

 

[Gully]

Dude .... Do you realize you're comparing buckhead to college park?

You're comparing the part of town with planes flying in and out day in and day out, all industrial, working class jobs, not the best schools, suburb of a small town to

The heart of a financial district, tons of Fortune 500 companies, high end shopping, tourism, restaurants...


The difference here is simple. Location, location, location.

You really don't know why people would rather pay more to live in buckhead than college park?

I'm very aware. I was born and raised here and I am 40 something years old. There is no reason that houses in that area should be that low. They should not be the same as Buckhead, but people should not be losing all their equity. The SWATS and College Park were thriving black communities when I was growing up and home values were very steady.

 

[exiledking]

well you are correct only in I dont know anything about atlanta, been there once in the early 90s for a jack the rapper convention...


but I do know elite crackers that run the game think and they think and plan thirty years ahead... so why you are looking at how its been and how it is now, they makin plans on how things are going to be in the future...

which is why most folks never see gentrification coming untill its already in progress...

Lol you admit you don't know shit about this specific thing then go on to speculate about some shit you don't know anyway.

Gentrification isn't hard to see coming at all. Like, not AT ALL. it's the easiest thing to see coming. I literally told you where it's coming and why.

 

[kdogg3270]

They better not go for that bullshit and sell their homes....they better hold

on to them and wait the bullshit out...


its all mind fuckery... and developers many times create the crime

to bring the property down even more, then when they scare most of the population

away they clean up and move white folks in......

its tired but yet still effective game they are running.......

shit we should team up (any black developers in here?) and plant crime statistics in THEIR neighborhoods. run their asses out, and swoop in and buy up everything. Lets play monopoly on these motherfuckers.

 

[Amajorfucup]

Property values, just like anything else in america, are tied to white folks; lets just be honest with ourselves for a minute; for me, I would never buy a "home" were only black people lived; Unless I knew they were changing the demographics; because you can only sell to blacks; whites dont want to live in all black neighborhoods; never have and probably never will; unless it benefits them...

Those were the old rules. Go download the updated ones.

 

[exiledking]

I'm very aware. I was born and raised here and I am 40 something years old. There is no reason that houses in that area should be that low. They should not be the same as Buckhead, but people should not be losing all their equity. The SWATS and College Park were thriving black communities when I was growing up and home values were very steady.

You're saying the property values should rise based on your emotions, not reality.

my uncle used to live over there. All my family who's lived in Atlanta since the 60s lived over there and are all professionals.

But we all know what else is over there. Listen to an outkast album, or s TI album. That damage was done loooooong ago. But not to worry. It won't be gentrified. All that area is way to far from the city. The west end? Yes. Ashby street? Yes. The SWATS and CP? Uh uh. But if ya look over at niskey lake and that area, that value has gone up, and that's all Black people. There are portions of those areas that have appreciated and for different reasons. You can see where they brought in businesses, in certain areas , and not in others.

I remember my uncle who had moved down in the 90s from philly, complaining about NPU meetings and how the people there didn't wanna rezone the neighborhoods into fucntioning, mixed use neighborhoods. Everyone back then wanted to live that cul de sac bullshit. He ended up moving eventually because he saw it coming. The improvements and environment that needed to be created, the people in that area at the time didn't have the mentality and foresight to make the proper steps. No public transportation improvements, no linking of the different communities, no school improvements - the folks who saw it coming left loong ago and now reside in the north, like lawrenceville.

Same thing happened in Clayton county where they started moving all the people from the projects they closed. Then new niggas started wiling and renamed it "CLAYCO". That's where Wacka Flocka and people like that are from. We saw the writing in the wall and dipped.

 

[Mrfreddygoodbud]

Lol you admit you don't know shit about this specific thing then go on to speculate about some shit you don't know anyway.

Gentrification isn't hard to see coming at all. Like, not AT ALL. it's the easiest thing to see coming. I literally told you where it's coming and why.

uh can you read.. I said I dont know shit about ATLANTA as in what their current state is like in places like dekalb.....

read muthafucka READ!!!

if gentrification is so easy to see, they why is it always being fought against when its already in full swing????

 

[Mrfreddygoodbud]

shit we should team up (any black developers in here?) and plant crime statistics in THEIR neighborhoods. run their asses out, and swoop in and buy up everything. Lets play monopoly on these motherfuckers.

easy to do, pay off some cops.....and let the chips fall...

crackers know turnabout is fair play!!!!!

 

[Day_Carver]

Those were the old rules. Go download the updated ones.

I'm not downloading shit..i know the game, im involved in several real estate deals; and ain't no whites moving to college park or east point or anywhere else they consider to be black neighborhoods; hell they wasn't even living in any parts of the city until the government tore down all the projects and started rebuilding midtown and downtown and the belt line..so please share with us these new rules..

 

[Amajorfucup]

I'm not downloading shit..i know the game, im involved in several real estate deals; and ain't no whites moving to college park or east point or anywhere else they consider to be black neighborhoods; hell they wasn't even living in any parts of the city until the government tore down all the projects and started rebuilding midtown and downtown and the belt line..so please share with us these new rules..

Buy property in traditionally BLACK inner city metropolitan areas.

The End.

 

[exiledking]

uh can you read.. I said I dont know shit about ATLANTA as in what their current state is like in places like dekalb.....

read muthafucka READ!!!

if gentrification is so easy to see, they why is it always being fought against when its already in full swing????

YOU read , dummy. You just repeated what I said. I said YOU ADMITTEDLY DONT KNOW SHIT ABOUT THE AREA WE ARE DISCUSSING, but that doesn't stop you from running your yap about it. But that doesn't surprise me, that's pretty much all you do.


And it's not my fault some people don't see gentrification happening until it's in full swing. I know that HERE, especially now, anyone with half a brain knows where gentrification is happening and Black folks and white folks are taking advantage of it if they have the means. I spoke on it til I was blue in the face. Some people saw it. Some people called me crazy. Btw gentrification doesn't just mean white folks moving in. Anythingbin the city and especially near the beltline is gonna get bought up, renewed and invested in.

Where I've lived since 2001, is doing absolutely lovely for me, but I had to sit through some pretty shitty times to enjoy what I'm in now. Why am I here? Cuz I saw it coming. And I know where else it's coming. Anyone who actually knows the city does. I'm no even some real estate expert.

 

[Mrfreddygoodbud]

YOU read , dummy. You just repeated what I said. I said YOU ADMITTEDLY DONT KNOW SHIT ABOUT THE AREA WE ARE DISCUSSING, but that doesn't stop you from running your yap about it. But that doesn't surprise me, that's pretty much all you do.


And it's not my fault some people don't see gentrification happening until it's in full swing. I know that HERE, especially now, anyone with half a brain knows where gentrification is happening and Black folks and white folks are taking advantage of it if they have the means. I spoke on it til I was blue in the face. Some people saw it. Some people called me crazy. Btw gentrification doesn't just mean white folks moving in. Anythingbin the city and especially near the beltline is gonna get bought up, renewed and invested in.

Where I've lived since 2001, is doing absolutely lovely for me, but I had to sit through some pretty shitty times to enjoy what I'm in now. Why am I here? Cuz I saw it coming. And I know where else it's coming. Anyone who actually knows the city does. I'm no even some real estate expert.

Uh non reader, the main topic is gentrification and that doesnt change anywhere you go..

the point that flew over your head as all sensical points do, was the fact that gentrification never happens right away these things are planned ten, twenty even thirty years down the road.

You just dont think on a universal level and thats ok.... your kind rarily does...!!!

Just because they have poor schools and no financial district now does not mean it will be that way ten, twenty or even thirty years from now..

but if you cant comprehend this.. its ok... Im familiar with your thought process or lack thereof....