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re: Work in Downtown Atlanta?

Posted on 5/31/15 at 1:12 pm to
Posted by WG_Dawg
Hoover
Member since Jun 2004
86572 posts
Posted on 5/31/15 at 1:12 pm to
quote:

4th Ward overhauled but neighborhood pop not so much. I dare u to stop for gas at that Texaco after midnight


4 of my buddies used to live in the house on Hogue street 2 houses up from that Texaco. Lived there for probably 5 years. I certainly wouldn't want to live there, but I mean it's not like they were beating away drug dealers everyday. To my knowledge they never had any breakins or crime issues.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64295 posts
Posted on 5/31/15 at 2:07 pm to
To tie it all together, for real estate speculation purposes the Old 4th Ward is a great place to buy a home and see 300% return in about 15 years, realizing rental income (or deferrment if you live in it yourself) to offset the opportunity cost of the investment.

It's what Decatur was 15 years ago.

Ultimately, school system is what will put O4W over the top. You can plant as many trees and slap as much pastel hardy plank you want, but it comes down to school system.

It's the dollars possessed by nuclear families and aging homos that drive the ATL real estate market.

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