So when’s the housing bubble bursting?

DC_Dude

Rising Star
BGOL Investor
yeah there is an area of south Dallas near the downtown Farmer's Market that used to be hella ghetto run down.
but investors started buying up properties and kicking out the tenants that lived there. Tore it down and built up some really nice condos.
At first there was one complex......now there is like 4 or 5 of these condos and they are starting to extend further from downtown into the hood areas.
Now and area that was pretty much 100% black.....is now less than 20% black.

Sounds like what happened in DC in the late 90s and 2000s. Shit spreading all over the USA now...
 

Politic Negro

Rising Star
BGOL Investor
yeah there is an area of south Dallas near the downtown Farmer's Market that used to be hella ghetto run down.
but investors started buying up properties and kicking out the tenants that lived there. Tore it down and built up some really nice condos.
At first there was one complex......now there is like 4 or 5 of these condos and they are starting to extend further from downtown into the hood areas.
Now the area that was pretty much 100% black.....is now less than 20% black.
You must be talking bout the Cedars
 

geezy

Star
BGOL Investor
They started putting two houses on properties that use to have just one house to maximize profits leaving people with tiny backyards and very little outside privacy :smh:
There doin this in north philly so called northern liberties area...houses skinny as hell now. Not sure how the developers are getting these zoning variances to make the house slimmer..not using the whole width of the lot...
 

Dr. Truth

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BGOL Investor
They been making them single family houses that are almost like town homes they so close to neighbors. They have small ass yards but don’t touch the neighbors property so it’s not technically a town home. They mad expensive too. Like a million+ starting here
 

DC_Dude

Rising Star
BGOL Investor
i felt the same about DC. once it starts, it comes fast! you'll look back in a few years and places wont even look the same.
Facts! I am not from DC, but the changes from 2003 up until now has been wild!

I've been saying this for years, but DC is a test city for real. Everything that happens there seems to appear in other places like 5-10 years later...
 
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DC_Dude

Rising Star
BGOL Investor
Thats true. The pace in DC was insane too. I guess Nashville seemed faster because it was below the radar. Unless you lived there, you disnt see this coming.

Yup. No one esp. living on the East Coast knew what was going on in Nashville. My homie is the only person I know that lives there and gave me the insight...
 

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Helico-pterFunk

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