The Eye of Sauron/Soros vs Ferguson Property Values

[roo_ster]

http://www.unz.com/isteve/the-eye-of-sauron-and-ferguson-property-values/
http://fusion.net/story/104184/ferguson-home-values-are-plummeting-and-residents-are-feeling-the-pain/?utm_source=twitter&utm_medium=social&utm_campaign=socialshare&utm_content=desktop+top
http://www.unz.com/isteve/the-eye-of-soros/

The average selling price of a home in the city has been on a steady decline since the shooting of Brown last August, according to housing data compiled from MARIS, an information and statistics service for real estate agents. Prior to Brown’s death, the average home sold in 2014 was selling for $66,764. For the last three and a half months of the year, the average home sold for $36,168, a 46 percent decrease.

The trend has continued on through this year, with the average home selling for only $22,951 so far in 2015. Another negative indicator: in the eight and a half months leading up to Brown’s death, the average residential square foot in 2014 was selling for $45.82. In the eight and a half months since Brown’s passing, the average residential square foot in the city has sold for $24.11. That’s about a 47 percent downtick in one of real estate’s core indicators.

Ferguson struck me as a pretty successful example of the process of managed decline in inner ring suburbs without rapid white flight. The adult children of white homeowners wouldn’t buy into Ferguson because they want whiter schools for their children, but older white homeowners weren’t being driven from their homes by crime. Eventually, they’d get toward retirement and sell out to a black family. They wouldn’t get all that much for their houses, but they were leaving on their own schedules, not being driven out.

Similarly, black homeowners seemed reasonably satisfied with city government, since they kept moving to Ferguson and they weren’t bothering to organize to take over politically. (Of course, I don’t believe there is much of a tax base to take over, so there wasn’t much incentive.)

Was this the worst thing in the world?

Yes, apparently, it was the Worst Thing in the World.

Given Ferguson is majority black, black people are taking it in the face.  In 9 months time, they have become measurably poorer.  I pity the decent black folks in Ferguson. 

In the last 50+ years, the record shows that about the absolute worst thing that can possibly happen to a black community is to attract the attention of white/jewish leftists, who than proceed to "help" them into greater poverty and degradation.  Those on the left leave disasters in their wake, no matter their motivation.

Toss in the ethnic cleansing of blacks in many cities by hispanics (illegal and legal) in many large cities, a left-wing and GOP corporatist project to displace Americans. 

[AJ Dual]

To which the counterpoint is "new urbanism" and/or "Agenda 21", which is the Left's general opposition to roads/freeways, and which tries to promote taxpayer subsidized fixed-line mass-transit.

Because in the eye of the Left, instead of looking at the effects of their policies creating multi-generational failure and dependency, leading to criminality, which in turn creates white flight, middle-class black flight, riots, and property values and a tax-base that drops like a rock within a decade, and reassessing if this is really what they ought to be doing... instead the answer is to double down and try to create a rail system so nobody can leave.

[MicroBalrog]

Ethnic cleansing? Really?

[roo_ster]

Ethnic cleansing? Really?

Really.

For instance, check out the demographics of south central LA from 1965-2015.  Who lived there then?  Who lives there now?  How many murders over that time to push the incumbents out(1)?

America's media and ruling class moons over the black/white thing despite the greatest amount of actual, shoot-them-in-the-face murderous inter-racial conflict happening between hispanics and blacks.




(1) Answer: Enough murders to camouflage the work of ~3 serial killers at the time in SCLA.  Looking back at the data, their work can be seen, but at the time thery were lost in the noise.

[MicroBalrog]

A high (if constantly declining) rate of crime is not the same as ethnic cleansing.

[AJ Dual]

Ethnic cleansing? Really?

Latino gangs have been actively and willfully terrorizing people out of L.A.'s traditionally black neighborhoods, and elsewhere.

So maybe not "ethnic cleansing" German, African, or Serbian style, with barbed-wire, showers, crematoriums, machete attacks, mass graves the U.N. goes poking around for years later, but yes, this is "a thing". And this can't capture mistreatment or hostility that doesn't rise to the level of police reports or quantifiable statistics, but is still very real.

http://articles.latimes.com/2013/jan/25/local/la-me-0126-compton-20130126

http://www.huffingtonpost.com/2011/06/07/azusa-13-bust-latino-gang_n_872623.html

http://www.newsweek.com/feds-latino-gang-targeted-blacks-103573

I'm trying to cite reasonably center-Left mainstream outlets... rather than the Alex Jones-crap...

And I predict Black Americans will let go of their fealty to the DNC far, far too late for it to do them any good.

Really.

For instance, check out the demographics of south central LA from 1965-2015.  Who lived there then?  Who lives there now?  How many murders over that time to push the incumbents out(1)?

America's media and ruling class moons over the black/white thing despite the greatest amount of actual, shoot-them-in-the-face murderous inter-racial conflict happening between hispanics and blacks.

(1) Answer: Enough murders to camouflage the work of ~3 serial killers at the time in SCLA.  Looking back at the data, their work can be seen, but at the time thery were lost in the noise.

Well... "black-on-black" is still the lion's share of black death, and hell... all murder in America, but yeah, the push to displace blacks in several more southern and Western American cities is underway, and it's not just a "blind process" of demographic shift alone that's creating it. There is intent behind it.

[roo_ster]

A high (if constantly declining) rate of crime is not the same as ethnic cleansing.

Some things you gotta see and/or experience.  Especially when those things run counter to The Narrative and don't get much coverage.  
1. Mexicans really, really hate them some black folks.  
2. Likely more blacks have been cleansed out of SCLA alone than various ethnicities were displaced in the former Yugoslavia.

For my own part, I saw the beginning of it in two metro areas and see it ongoing in another.



[Leftists of the paler sort also used gov't money and force to reclaim many inner cities, displacing the black population.  Perhaps one reason they don't make noise about the Mexicans doing it is because they are busy doing the same thing?]

[Andiron]

Some things you gotta see and/or experience.  Especially when those things run counter to The Narrative and don't get much coverage. 
1. Mexicans really, really hate them some black folks. 
2. Likely more blacks have been cleansed out of SCLA alone than various ethnicities were displaced in the former Yugoslavia.

Mexicans have a pretty strong work ethic/culture.  I don't care for the lack of assimilation, but it's hardly a surprise.