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Updated about 6 years ago on . Most recent reply

Rob Bergeron's profile image
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Rob Bergeron
  • Real Estate Agent
  • from Louisville, KY
  • Member since Nov 17, 2017
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Rob Bergeron's profile image
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Rob Bergeron
  • Real Estate Agent
  • from Louisville, KY
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Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
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Louisville Real Estate Forum

What will nearly $1 billion mean for West Louisville

Rob Bergeron
  • Real Estate Agent
  • Louisville, KY
Posted

https://www.louisville.com/content/what-will-nearly-1-billion-mean-russell-and-surrounding-west-louisville-neighborhoods?fbclid=IwAR01NPJ-QeuG32oCTGQSX3TktNNaLXrWeoz6uYbwrF63_lzB8_lZ4aGqGGM

I'd buy in the area...

Louisville, Kentucky
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Shawn DiMartile's profile image
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Shawn DiMartile
  • from San Diego, CA
  • Member since Mar 1, 2018
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Shawn DiMartile
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Shawn DiMartile
  • San Diego, CA
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Shawn DiMartile
  • San Diego, CA
Replied

I have some reservations about the area. The fact that 70% of residents live below the poverty line and 1 in 4 have been evicted in the last year means that you'll have to deal with low quality tenants for a long time before that neighborhood turned around and you reaped the rewards of your investment. I also don't like the initiatives they're pushing to keep rents controlled in the area. 

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