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Old 05-15-2012, 04:54 PM
 
4 posts, read 5,236 times
Reputation: 10

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More specifically Warren Ave. on the East Side. I know New Castle is a rough area, but many people are telling me that the east side of town is really not so bad and a good place to raise a family. I am very skeptical and looking for more opinions. My husband and I are currently considering purchasing a home on Warren Ave. We don't have any children. Just two small dogs and an aquarium. Thanks in advance!

Last edited by pearlgirlgg; 05-15-2012 at 05:13 PM.. Reason: spelling
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Old 05-17-2012, 07:20 PM
 
Location: NW Penna.
1,759 posts, read 3,360,822 times
Reputation: 1870
People in this region don't buy houses in these old mill towns to live in themselves. They buy them to rent out and make money on. I predict most of the old housing stock of New Castle trending the same direction that Sharon and Farrell have: Sharon's homes are, what, about 60% rentals now? And before that, Farrell went through the same thing, and Farrell is what, about 60% vacant lots and boarded-up firetraps now?

If you want to raise a family, you get a house out in the suburbs. People with families are all leaving the towns and have been steadily doing that since the 1950s and 1960s. Gentrification won't happen here, because the old towns are going to die when the senior citizens die and are replaced by HUD tenants and the kind of tenants that slumlords rent to.

On the other hand, there is a nursing school at Jameson Hospital that is 18 months. If you bought and duplex-ed a home, or bought an "investment" house as as rental, nursing students or x-ray students would probably make pretty good tenants. They are always studying during the week, and might go back to their homes on the weekend. You could quietly advertise at Jameson and keep it private so you can rent selectively. With RN and the medical tech schools in other states now having 3-year waitlists, there are students coming in to these small PA schools from out of state, and y'know, they need a decent place not a ghetto slum to live in.

Last edited by SorryIMovedBack; 05-17-2012 at 07:39 PM..
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Old 05-17-2012, 11:04 PM
 
4 posts, read 5,236 times
Reputation: 10
Thanks for your thoughts! We have decided to go with little house in Wampum. The house is smaller, but it has an amazing yard!
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