House hunting tips

ToxicBunny said:
:wtf:

Whats wrong with "poor" people?

Or are you referring to squatter camps?
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Advice I was given in the US, but applies everywhere. Burglars are generally poor. Poor people live in poor neighbourhoods. The wealthier neighbourhoods closest to the poor neighbourhoods have a higher crime rate to those further away. Burglars work close to home. Less risk taking the swag home.
 
Doesn't necessarily apply here.

I live in what is classed as a "poor" neighbourhood.... crime is relatively low... the pickings aren't so good, so the criminals hit the more affluent neighbourhoods...

Also, good luck finding and affluent neighbourhood that isn't bordered by either a squatter camp or a poorer neighbourhood.
 
Londo said:
Advice I was given in the US, but applies everywhere. Burglars are generally poor. Poor people live in poor neighbourhoods. The wealthier neighbourhoods closest to the poor neighbourhoods have a higher crime rate to those further away. Burglars work close to home. Less risk taking the swag home.
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I've just bought in the traditional "poor" peoples part of my town, to get neighbours any more poorer would be to live amongst the bergies or buy next door in an RDP development.

The advantage is I live in a very affluent town and the poor folk can no longer resist the prices they get for their houses. Many of these houses where well built by the State in the old days and are going for a song. I got my house for half the price it would have cost with an address 1km from here.

And it dose not bother me as once the market recovers, my house will double in value. Also I have the advantage of location that has been over looked for years. Many people pull up their noses to live next door to a railway station but for us its prime property now with the increase in demand for the trains and buses (and I'm 3 minutes from the nearest bus stop, 1 minute from the station). I'm also 5 minutes walk from my old high school and 4 minutes walk from our only private hospital.

EDIT: To give an indication of market recovery in my "poor" suburb, 2 months after I signed my OTP, an identical house like mine which is only slightly better than mine sold for R200K more (just under R1 million), now 2 months later, my other neighbour who had his house in the market for about R400K more than mine.

And all of this while we are still in the process of transfere - I could sell my house next year for over a million but I would not be able to get a better house and beter neighbourhood for under R1.5 million by then.
 
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My wife is an estate agent so I have never viewed properties.

She will just call me and tell me to come and look at our new property.

Sha has never made a bad choice.

:)
 
ToxicBunny said:
Doesn't necessarily apply here.

I live in what is classed as a "poor" neighbourhood.... crime is relatively low... the pickings aren't so good, so the criminals hit the more affluent neighbourhoods...
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As I said.

ToxicBunny said:
Also, good luck finding and affluent neighbourhood that isn't bordered by either a squatter camp or a poorer neighbourhood.
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Maybe so, but for example (from the recent crime statistics), Camps Bay has one of the lowest burglary rates in Cape Town.
 
Londo said:
As I said.



Maybe so, but for example (from the recent crime statistics), Camps Bay has one of the lowest burglary rates in Cape Town.
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Which has very little to do with it being a rich suburb and lots more to do with the access in and out of the area.
 
Londo said:
Right. Nothing to do about it being a rich suburb.
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Wait, so you are saying rich suburbs have lower crime the poor suburbs?

Want to tell that to places like Hillcrest and La Lucia in Durban?.. they get nailed on a regular basis. Enough so that a special task force had to be sent in to Hillcrest to try and get the crime under control.
 
When I saw our house, I just fell in love. You'll know when you get really excited about living there.
 
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