Two Realities in the City of DallasOn Thursday night, CBS ran a story titled City Of Dallas Experiencing Economic Boom (
link).
I beg to differ. Just because sales at NorthPark Mall are up and a few people in southern Dallas can buy a new house doesn't mean much.
The article boasted of people buying million-dollar condos and the like. For sport, one non-rich person was thrown in as a new homeowner.
The reality is that a lot of new homes are bought by people that turn them into Section 8 houses. Trust me, I know. They'll be packaged in a year or two and sold in blocks to future slumlords. Other than Unity Estates in Oak Cliff, most of these new developments do not have HOAs (Homeowner Associations) and it shows. Many are crime ridden before they even sell out to new homeowners.
We have large-scale slumlord complexes such as Chaucer Village (
link), Canterbury Village (
link), and Broadmoor (
link) where the good citizens live like prisoners. These slumlords rent to anyone breathing no matter what criminal record they have to increase occupancy rates and then re-sell the complexes at a profit to buyers who don't care about renter safety.
Then the story touts the low unemployment numbers. I have always looked at unemployment numbers as total b.s. Everyone knows that those numbers are based on who is actually filing. How many people exist whose benefits have run out or have just given up on getting unemployment? Thousands.
We have a County Commissioner that has abandoned the southern sector of Dallas for his new friends in Desoto, Duncanville, and Lancaster. The Justice of the Peace court is overcrowded with people that can't afford to pay tickets and citations. The Inland Port is nice but it doesn't mean a damned thing to a senior citizen that is living behind burglar bars and can't afford to pay her electric bill.
The only new community grocery store that I know about is Chi's Grocery at Denley and Morrell (
link) . Instead of a plaque someone should buy him an M-16 to protect his store.
There seems to be no limit to the amount of high-income property that can be built between downtown Dallas and Preston Hollow. If that's your definition of a comeback I guess Big D is booming.
I guess it depends on which side of the river you live. I know that if you exit I-45 or I-35 anywhere south of I-30 in Dallas there is a different reality. Drive on Corinth Street, Sunnyvale, Ledbetter, or on Martin Luther King boulevard and tell me where "Big D is booming."
Come take a ride with me...I'll show you the other side of Dallas.