On a high level, the residential real estate market is driven largely by folks trying to get away from the violence and criminality of ghetto people.
They are strongly motivated to create safety for their families.
That’s not rayciss - it’s common sense.
Ghetto people are a great motivator, and they unwittingly drive certain areas of the economy. Home theater / entertainment electronics, for instance: As people increasingly perceive movie theaters as less safe (maybe true) and less civil (definitely true), they stay home for their entertainment options.
For everyone who escapes the city (I escaped for a short while not because of ghetto types but because I was tired of walking 30 blocks for a broom), more and more people are either returning to it or retiring to it. No car, no car insurance, no property taxes if you rent. The best emergency rooms and doctors galore. It’s great, take my word.