Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (196878)	4/19/2009 8:29:36 PM
From: energyplay	Read Replies (1) \| Respond to of 306849

Re: East Palo Alto - From what I have learned, the County of San Mateo has disliked East Palo Alto for over 40 years, and shorted the city on funds, services, permissions, etc. Most of San Mateo disliked EPA when it was heavily Italian, before it became Black, then Hispanic, and now partially Samoa n/Tongan. This has gone on well over 35 years. While many of the area's problems were and continue to be self inflicted, many of them came from the outside. Refusing planning permission for business and retail, including at least one car dealership (they pay lots of taxes). The county shutting down "polluting" industries. Extensive games played over decades about school funding, control, etc. ********** One lesson we should learn is to investigate before we invest. If some political entity hates our particular corner of the world, that should raise some real red flags. The contrasting situation in the Bay Area to East Palo Alto would be Emeryville, which has few residents, but is favored with considerable retail and some corporations and offices. Services and good, and the businesses are picking up the tab.