Wednesday, March 10, 2010

Investopedia says....

I am officially a ghetto sista. How cool is that!
Actually Investopedia's term for it is....

Slumburbs.
What Does Slumburbs Mean?A slang term for the suburbs of once large and prosperous cities that have become less desirable due to an economic downturn. Slumburbs refer to the neighborhoods and small towns that cannot consistently attract highly educated and entrepreneurial people. As a result, business in these previously hopeful communities diminishes leading to such negative outcomes as unemployment and crime. Slumburbs can also refer to areas in otherwise wealthy cities that experience similar problems.
Investopedia explains
Slumburbs In contrast to the poor neighborhoods found in California and New York, which are often referred to as "ghettos", slumburbs have regular real estate developments and required amenities such as parks and schools. At one point, these areas were prosperous and saw increased real estate deveolpment, but became too expensive for the potential or current owners. Due to a high level of foreclosure in such areas, families move away, leaving vacant homes that fall into disrepair. These types of communities usually arise during tough economic times.

International City was once a nice place, you know. Now it only looks nice after a nice downpour, when rain water instantly washes away the dust on buildings and streets, revealing the original bright peach hue of my building, not to mention its royal blue roof.
Our parking lot, once filled with fourwheel drive vehicles owned my residents who went out on weekends and led typical yuppie lives were replaced by commercial vehicles used to transport fruits and vegetables, move furniture, and you get the picture.
A number of crimes, mostly murders, have also taken place here.
People have no time to get rid of their garbage properly, exchange pleasantries, and some times, shower.
But they do have time to spit on the floor, get into fights, and kill me with dirty looks in the lift.
Only thing missing is a gang of crack-dealing thugs and maybe your friendly neighborhood rap group to keep the place upbeat in the face of adversity. And if they do rise to stardom, we be like "They our brothas!"
Holla!!!!!!!!!!

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