Make sure there is no racism, red lining or graft going on, and we would see a tremendous rebound in the housing market.

That's called "Red Lining" (bankers term that is not allowed anymore).

They said the banks were redlining and not offering loans to minorities so they wrote regulations to make them loan the money for home loans so everyone could fulfill the dream of owning their own home.When the banks had to foreclose and the bubble burst the guys running the government had to blame somebody to get the stench off of them.

Just like on the NW side everything along the blue line is $$$, same is and will be true about the green and red lines.

While you are in a large city I'm not sure I would really exclude anything by a red-linning approach or as to large areas.

I went to the moral issues because I already talked about the differences between the poor and those who aren't so.What that basically came down to was the ways the laws were written in this country for centuries. were all real estate people in here so i'm sure we know what red lining is right and how laws like those unfairly targeted minorities.

Its been harder this year to find deals - ( We have done 2 more that I have not updated the site)  I like the area because its close to loop - close to oranage line, red lines, buses.  

This article notes that the geographic pattern of the vacant houses in Baltimore tracks the historic areas of "redlining" where lenders refused to lend on houses based upon race. 

Don’t fall for the red line that looks close to a 3 or 4% drop occasionally.

Most have red-lined the subdivision where the house is located as "Karst Sensitive", and won't insure at all... or won't cover sinkholes if they do.For what it is worth, I bought seven from this auction company last month, all from the same "owner/developer", and the tenants have mostly been good ones.