This Young HBCU Graduate Is Buying Property In Houston To Curb via @invstr_/Instagram
Gentrification has changed the social and economic demographics of major cities around the United States, causing many low-income native residents to be forced out of their homes.
African Americans are often the ones who feel the worst effects of gentrification as higher-income earners drive up real estate values, pricing residents out of the neighborhoods they made famous.
For one entrepreneur based in Houston, the solution to combating the problem is through a new initiative empowering residents to invest in their communities.
WeBuyBlack reported that Southern University graduate Christopher Senegal recently acquired two blocks in Houston’s historic Fifth Ward known for its African American roots and dubbed Houston’s “Black Wall Street“.
He started a new initiative called “Buy The Block” to help native residents invest in their properties so they can stay in the neighborhood for the long-term future.
