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There's a big difference between a poor neighborhood and a bad neighborhood (bad for whatever reason: crime, drugs, blight, population decline). Here's a good
by yabatopia 10y ago
There's a big difference between a poor neighborhood and a bad neighborhood (bad for whatever reason: crime, drugs, blight, population decline).
Here's a good example how a lot of the $1,000 homes, and the surrounding neighborhoods, really look like: https://youtu.be/IuJFLJ0JApA https://youtu.be/IuJFLJ0JApA . In the description there's a link to a follow-up video 3 years later. It's not a pretty picture. But then again, who buys properties on auctions without inspecting them first?
- slfnflctd 10y agoI tried to skip through the videos to get to the point because they're long and the guy rambles a lot, but somehow I missed it. It seemed there were some distressed properties and that some work was done on them... which tells me nothing. Were the houses rehabilitated, is work still in progress or were they ultimately re-abandoned? Can any conclusions whatsoever be drawn from this?