I have seen it first hand in large southern city. Nice people, nice cars, likely mountains of debt, renting in upscale neighborhoods and probably lacking the discipline to delay gratification. But blacks have partners with some white families who have done the same thing.
You can’t put a price on a good nights sleep. The last five years have been very good for me and my family and I had a short layoff in the middle of it.
The financial Balkanization of neighborhoods in our METRO area is startling. Some zip codes are red hot, with minimal housing stock, great schools, escalating rents, home valuation increasing at greater than 5 to 10% and then there are zip codes that are terminally devastated.