| Kraftwerk |
04-02-2015 07:32 AM |
(didn't read this whole thread...)
Moved to a ghetto in 1988, as a renter. Small buildings were cheap (for Bklyn./NYC: $75,000 etc.) After a few years you could feel the neighborhood was changing, getting better. That same building for 75,000 is over 2 million dollars now The ****ty old factory building I live in is on the market for 19 million, which is optimistic but still... this was a two/three mil building 15 years ago.. So if you want to be part of a gentrification project: go for it. The real ghetto might not ever go away though, or improve, depends on a lot of factors...you have to be in fo r a 10 -20 year cycle. Sounds like you have more options to explore.
|
