Where to live in Memphis?
March 6, 2007 7:04 AM
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I'm looking for suggestions on places to live in Memphis. Should I rent or buy?
I've accepted a job offer at the University of Memphis for the fall, and I'm going down there this weekend to scout for housing. I'm feeling a bit overwhelmed with all the info I've gathered from the Internets so I'm looking for suggestions to target my search. I'm not really interested in very suburban or anything rural, and I'd like to be within a 30-minute commute to the university (I have no idea what traffic is like there). I'm open to renting or possibly buying a condo, so I'm also wondering what the market is like. Will buying be a good investment? Also, I'll be moving down there without hubby, who's staying behind for his job, so he wants me to be "safe." We're especially concerned about some things we've read that suggest there's a lot of property/auto crime in Memphis. Any suggestions on areas, streets, complexes, etc. are welcome.
posted by DiscourseMarker to work & money (6 comments total)
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As for property and auto crime, it can be a problem. Most of it seems to be crime of opportunity, but it is a poor city with a majority african american population that has long been denied opportunities for wealth and education. Most crime is concentrated in poorer neighborhoods, but there is a lot of overlap between rich and poor in Memphis. My neighborhood, East End, for example, has seen some property crime (last year there were two cars broken into and a large brass urn stolen from a neighbor's front porch) but its visibility does not mean the neighborhood is a bad one. With nearly 500 households in the 20 square blocks, three (well-publicized) incidents is actually a spectacularly low number compared to the city and national urban averages.
There are a couple of gated condo communities immediately west of the University (near the country club) that you might explore if you are unwilling to deal with the possibility of crime outside the walls. But honestly, if you remain in the "white belt of wealth" that extends from downtown to Germantown you will be safer and have a better investment than the vast majority of people in Memphis
posted by jmgorman at 8:15 AM on March 6, 2007