Quote:
Originally Posted by dc_denizen
Time to buy!
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Possibly. It might not be the worst bet in the world, but be prepared for a very long game.
In chicago, gentrification goes after the low hanging fruit of latino neighborhoods first, and there are A LOT of those to go around.
It might be tempting to look at DC and say, "oh, these violent black neighborhoods in DC gentrified really quickly, so the same thing will happen in chicago", but I'm afraid that chicago, at 227 sq. miles, exists at a very different scale than DC. The turnover has and will happen much slower here in chicago. And it's gonna still be a good long while before there are ever any serious gentrification inroads made all the way out in austin, regardless of alderman burnett's fear mongering.