I prefer those things not happen to me
I prefer those things not happen to me
I know this is a topic that tends to bring out hysteria instead of rational assessment of probability but seriously, it's not as bad as people think. That said, the upper class crowd should feel free to not move in. The added pressure from gentrification would probably not make things better if SF is any indication.
My point here is that you can live cheaply in these neighborhoods and while there are trade-offs the trad-off is not the "living in a war zone" that many people would have you believe.
https://www.detroitnews.com/story/story-series/death-by-inst...
I have been to less worse areas in Detroit in 2015 and still decided not to be play early adopter and be "the guy with money" on the block. And I'm absolutely not upper class.
Even if you live there just for the amount of time it takes to renovate and flip the house, you will need to constantly guard your tools, materials etc. If the local community thinks you are not one of them, life gets hard. In the end I bought a fixer upper house in a solid working class neighborhood (in a different city) and life is great. But yes, a lot of people think you are only safe in the suburb, which is not true. There are safe pockets in most major cities, but you have to scout for a while until you know the area.