Author Topic: Spike Lee lives in $32 million Manhattan townhouse, complains about white people gentrifying Brooklyn  (Read 391 times)

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Offline rangerrebew

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"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
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Offline LambChop

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Only thing I can say to that is.... Keep the property values up so they don't look so attractive.

A friend bought their first home for a steal, in a neighborhood everyone thought they had lost their blinking mind.  Was a beautiful brownstone with all original woodwork and tin work.  They paid next to nothing for it, because the area values were in the toilet and the home needed extensive repairs.  When they were done it was incredible.  Was also something they would never be able to afford in our old neighborhood. 

My first home purchase *as a new divorcee* was also in a neighborhood that made my parents lose sleep over.  My kids were grown, didn't care the schools were horrible.  It was very conveniently located, paid next to nothing for a mortgage and taxes and was more home than I could afford anywhere else.  Put some work into it, made it my palace.

In both instances it didn't take long for others like us to move in, make it our own.  10 years down the road, they were both upper middle class neighborhoods that are well out of reach cost wise for myself or my friend.  Great investments for us both though.

If the property wasn't soooooo cheap, it wouldn't happen.

Online mountaineer

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Spike Lee Lives in $32 Mil Manhattan Townhouse, Complains about White People Gentrifying Brooklyn
Of course he does. What kind of racist would he be if he didn't?

“Hell hath no fury like a vested interest masquerading as a moral principle.” - Ryan T Anderson

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