Sorry that your bet didn’t work out. Where did you buy?
I’m still in the same house. Gentrification has been very, very good to us. Capitol Hill used to be an affordable neighborhood with lots of first time homebuyers. It has now become a destination neighborhood.
Location, location, location. There is no guarantee that any particular neighborhood will turn around, but the price of living in the D.C. suburbs is being married to your car in the midst of some of the country’s worst congestion. That is the biggest factor driving gentrification. If the school situation could be fixed, the inflow would become a flood.
A little place called “Whitney St.” in Rochester NY:
http://www.spotcrime.com/#225%20whitney%20st%20rochester%20ny