Buying in a local market
In my area there is a city that has a bad rep for crimes, is lower income housing, etc. A new casino just was put up in the busiest part of the city, springfield Massachusetts and I’m noticing a lot of high end renovations happening around the area. I heard it was also a good idea to follow Starbucks as knowing where a good opportunity is/ an improving neighborhood and they even built a Starbucks next to the casino as well. I was told to stay away from this city due to crime rate but houses are so cheap and with the new casino/renovations I believe that the area will be exponentially increasing in value in the following 10 years... I was curious as to what thoughts are on the topic...