Teardown Post

• Close-in, established neighborhoods convenient to the urban
  center’s employment and cultural attractions.
• Above median income — often well above — with home prices to
  match. Typically these are not entry-level, first-time buyer markets,
  nor do they have lots of new subdivision construction.
• Educational levels of residents exceed regional norms, local school systems are
  highly regarded, and crime rates generally are low.
• Redevelopment friendly municipality.
• Prime, not subprime, mortgage territories, with little to none of
  the negative neighborhood impacts of rising foreclosures caused by
  payment-shock loans going sour.

Popularity: 34% [?]

(2 votes, average: 5 out of 5)

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