No, investment is definitely not a priority of mine in the natural way of things. But as I said to font below, I can't escape the fact that I need to make it be, whether it comes naturally or not, and there is absolutely no denying that as far as dollars per square foot, overall condition of house, and character of neighborhood go, this is much, much the better house. Which is why it is definitely still in the running.
Especially, and I hate to say this, in a place as openly racist as Macon, where a mere racial mix in a neighborhood, all other things being exactly equal, can bring down the value of a house. I think the fact that this matters is completely obscene. But it does matter, here.
The neighborhoods: No. 1's neighborhood was quite nice when it was built, very similar in demographic to No. 2. It's come down in the world since then, but it was never terrible, and evidence shows that it's coming back, as "adventurous" people buy houses for their character and fix them up.
Your point about the financial struggle easing up within a few years is well taken, and I will definitely keep it in mind when I'm thinking more carefully about what I want to end up with. (And probably after that as well!)
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Date: 2005-11-13 06:05 pm (UTC)Especially, and I hate to say this, in a place as openly racist as Macon, where a mere racial mix in a neighborhood, all other things being exactly equal, can bring down the value of a house. I think the fact that this matters is completely obscene. But it does matter, here.
The neighborhoods: No. 1's neighborhood was quite nice when it was built, very similar in demographic to No. 2. It's come down in the world since then, but it was never terrible, and evidence shows that it's coming back, as "adventurous" people buy houses for their character and fix them up.
Your point about the financial struggle easing up within a few years is well taken, and I will definitely keep it in mind when I'm thinking more carefully about what I want to end up with. (And probably after that as well!)