The "'hood" has certainly been good for Sherrena. She's made an awful lot of money out of renting properties in the run-down black neighborhoods of Milwaukee's North Side. The chronic shortage of affordable housing, especially for those on lower incomes, has made the property market a seller's market. Sherrena takes full advantage of the fact that the people who come to her looking for a place to stay are usually pretty desperate. This places Sherrena in a position of considerable power over her tenants, which she exploits to the full.
Sherrena's tenants can give her a lot of trouble in relation to antisocial behavior, or falling behind on the rent, but so long as there's a shortage of affordable housing all that hassle will still be worth it; she'll continue to rake in an absolute fortune as demand vastly exceeds supply in this broken housing market. Sherrena looks set to make a whole lot more after she puts herself forward as black Milwaukee residents' go-to broker for white landlords and property investors who see there's a lot of money to be made on the North Side, but are reluctant to venture into the ghetto to collect rent or carry out repairs. The 'hood is indeed good for Sherrena, and looks set to get even better.
Saturday, October 17, 2015
Do you agree with Sherrena when she says: "The 'hood is good. There's a lot of money there"?
Subscribe to:
Post Comments (Atom)
Why is the fact that the Americans are helping the Russians important?
In the late author Tom Clancy’s first novel, The Hunt for Red October, the assistance rendered to the Russians by the United States is impor...
-
There are a plethora of rules that Jonas and the other citizens must follow. Again, page numbers will vary given the edition of the book tha...
-
The only example of simile in "The Lottery"—and a particularly weak one at that—is when Mrs. Hutchinson taps Mrs. Delacroix on the...
-
A good thesis statement presents a claim (an interpretive stance on a story that can be defended using textual evidence) and is a position w...
-
The given two points of the exponential function are (2,24) and (3,144). To determine the exponential function y=ab^x plug-in the given x an...
-
What does the hot air balloon symbolize? To the Assad son who buys the hot air balloon, it symbolizes a kind of whimsy that he can afford. B...
-
The play Duchess of Malfi is named after the character and real life historical tragic figure of Duchess of Malfi who was the regent of the ...
-
Allie’s baseball mitt is extremely important to Holden in The Catcher in the Rye. It is a symbol of Allie since it was important to his brot...
No comments:
Post a Comment