Neighborhoods with potential appreciation

[JohnnyDA]

I hear a lot about Gentrification. Ok..so what about the opposite? What will be the new Houston Ghettos 10 years from now? Are we just going to pack them all in the same place just smaller?
Will people just straight up leave because it's no longer affordable?

[EasilyAmused]

Originally Posted by JohnnyDA

Will people just straight up leave because it's no longer affordable?

I think it has already begun.Look at all the apartments being built in the Satellite burbs. They call themselves high end, but the rents are significantly cheaper than rents in the major business districts. In Memorial they are tearing down the "old, but affordable" complexes, to replace them with units that rent for over 1500 as a start price.

[Spartacus713]

Originally Posted by JohnnyDA

I hear a lot about Gentrification. Ok..so what about the opposite? What will be the new Houston Ghettos 10 years from now? Are we just going to pack them all in the same place just smaller?
Will people just straight up leave because it's no longer affordable?

It depends on what is left after the Ebola pandemic runs its course.

[Scientific]

Originally Posted by JohnnyDA

I hear a lot about Gentrification. Ok..so what about the opposite? What will be the new Houston Ghettos 10 years from now? Are we just going to pack them all in the same place just smaller?
Will people just straight up leave because it's no longer affordable?

Unemployment is very low, and there's money being thrown around everywhere. I doubt all these people moving every which way are also asking themselves that question. We probably wont know for another few years once the gravy train slows or ends. There aren't any real new ghettos like the ones we tend to think about and or are accustomed to.

[Failed Engineer]

Lot of good suggestions here but Spring Shadows hasn't been mentioned (along with the smaller neighborhoods just east of it and west of the Villages). Very close to the EC.

[curbur]

Originally Posted by JohnnyDA

I hear a lot about Gentrification. Ok..so what about the opposite? What will be the new Houston Ghettos 10 years from now? Are we just going to pack them all in the same place just smaller?
Will people just straight up leave because it's no longer affordable?

At one point the hoods were all inside or around 610, and new subdivisions were built just inside and outside beltway for the newest wave of middle-class flight in the 1970s and 1980s. Now "white flight", which is really just "middle-class flight", is continuing out even further along or outside of grand parkway 99. Coupling that with the gentrification we're seeing in inner loop neighborhoods, my best guess is that the areas between 610 to beltway 8 or just outside of beltway 8. I think you can already see certain areas along the beltway that have already been transformed into this reality for years, such as Alief or the areas directly south of the Astrodome stretching all the way down to beltway 8 like Sunnyside, Crestmont Park, South Park, etc. If you're "well to do", basically you'll want to live within the 610 loop or along 99.

There is of course one big exception to this, and that is the tract spreading westward north of westpark tollway and south of I-10. Perhaps the EC, the affluent neighborhoods like Memorial, or the general westward sprawl that Houston has had for decades has saved it from the same fate as other areas along the beltway.