Hispanics certainly are more upwardly mobile (probably due to a better work ethic in general and stronger family traditions); Newark NJ is a pit but the areas with Caribbean and South American populations are definitely more vibrant.
Some areas in NJ are able to fulfill any “low-income housing” requirements with retired whites; when they die I’d imagine they’ll be replaced by Hispanics.
Asbury Park was ruined by gibsmedtas, and recent attempts to revive it stalled when the prospective investors and residents realized that they’d only be a couple of blocks away. Areas that were overrun and abandoned decades ago are trying to entice business and taxpayers back to pick up the tab for their gibsmedats populations (especially now that Trenton has run out of money to dole out/redistribute), but they are no fools.
they’re doing that with St. George, near the ferry.
putting 100s of millions in.
So what? They’ve been talking about the coming gentrification of those neighborhoods forever, but when you can see a project a millions stories tall out your window, you are hesitating to buy