2006 : "Clayton Gang Problems Among Worst In Metro Atlanta"

[Oscar Knight]

....READ MORE :

moderntribalist.blogspot.com/2006/08/clayton-gang-problems-among-worst-in.html

Three of the 47 gangs are traditional national gangs, 16 are Latino gangs, eight are Asian gangs and 20 are classified as “hybrid” gangs.
Most of the hybrid gangs in Clayton County are black, Thompson said.
The growth of Clayton County gangs is related to economic conditions and populations. An increased number of Hispanic immigrants has recently increased the numbers of Hispanic gangs. Immigrant populations are often pressed into gangs for protection from other gangs, Thompson said.

[Oscar Knight]

What are gangs in Riverdale Georgia?

www.answers.com/Q/What_are_gangs_in_Riverdale_Georgia

[Oscar Knight]

In anticipation of the 1996 Summer Olympics, and to break up what had become pockets of poverty and crime, the city in the early '90s began the two-decade process of demolishing all of Atlanta's housing projects. Gang members were dispersed as projects were razed and, as a result, gangs in Atlanta changed.

....Read More : clatl.com/atlanta/gang-mentality/Content?oid=1524413&showFullText=true

[Oscar Knight]

Clayton County's tribulations

clatl.com/atlanta/clayton-countys-tribulations/Content?oid=1274446

As gentrification swept through Atlanta and the city tore down its public housing, many of those displaced shifted to Clayton. Data from the Atlanta Regional Commission show that from 2000 to 2005, 94,698 people migrated there from the 20-county metro region. Nearly half of them moved from Fulton County. According to Bell, two-fifths of the new residents are single women and their children. And while new, poorer residents were moving in, many longtime Clayton residents began an exodus to neighboring counties such as Fayette, Spalding and Henry.

Despite that emigration, the building boom continued. According to an analysis by the Atlanta Neighborhood Development Partnership, housing permits from 2000 to 2005 outpaced growth in households by 12,058 units. To this day, the county has a glut of inexpensive housing.

Kem Kimbrough, an Emory law graduate who ran for sheriff in last week's Democratic primary, moved to Clayton County in 1999. "You could buy one heck of a house and not only were you going to get a bargain on the house and the size and the yard, but the taxes would be low," Kimbrough says. "The economy seemed to be booming, and Clayton County had it going on. There was a significant air that Clayton County was the place of opportunity."

Loans were easy to obtain, and many borrowers were encouraged to take what later became known as subprime mortgages.

"No matter what your income was, they'd get you a house," says Bobby Cartwright, a city councilman in Lovejoy. "You had a lot of people who were living in metro Atlanta who wanted a home of their own. Clayton County had all these $99,000, $150,000 homes, and it wasn't hard to get that credit."

The national housing market meltdown was particularly cruel to Clayton residents. In June 2007, the county had the highest foreclosure rate in the metro region. It also ranked second in the nation for homes purchased with subprime mortgages, an astonishing 38.9 percent. By this May, one in 10 homes faced the risk of foreclosure.

"All of this has combined to make the present picture in Clayton County rather bleak," Hatfield says. "So on one hand, this has been some time in developing. On the other hand, it's taken on a life of its own and is dramatic in its implications. I doubt if there are many counties that have seen this kind of dramatic transformation in such a brief time frame."

www.hud.gov/local/index.cfm?state=ga&topic=renting

www.haccga.com/links.htm

www.claytoncountycsa.org/

www.haccga.com/programs.htm

www.georgiahousingsearch.org/

www.ehow.com/how_4532243_apply-section-8-housing-georgia.html

www.housesforrent.ws/rental/GA-Georgia-Clayton.aspx

www.hud.gov/local/ga/news/pr2007-07-18.cfm

www.reedconstructiondata.com/projects/1000273500/

www.atlantahousing.org/housingchoice/index.cfm?Fuseaction=LocationContacts

www.recovery.gov/Pages/home.aspx

www.dca.ga.gov/housing/housingdevelopment/americanrecoveryra.asp



www.socialserve.com/tenant/GA/Search.html?city_id=31201&ch=GA&type=rental

[Oscar Knight]

.....While Clayton County economic growth has taken a nose dive :

The Economic Growth of Coweta County Ga.

Coweta had a population 127,317 in 2010 and a projection of 152,688 in 2015. 2000-2010 % change 42.7%. Coweta is the 49th fastest growing county in the US
Coweta’s annual growth rate is projected to be 3.68% from 2008 to 2013.
Coweta could have 147,620 people by 2011, 177,161 by 2020 and 234,257 by 2030 if an annual growth rate of 5.5 is maintained.
Coweta County ranks as the 17th largest county out of 159 counties in population in Georgia.

www.developcoweta.com/index.aspx?page=926

[Oscar Knight]

"Foreclosures, frustration define Clayton’s market"

Dec. 20, 2010

www.ajc.com/news/news/local/atlanta-property-taxes-foreclosures-frustration-de/nQn4r/

Home Foreclosures Rates in Clayton County

www.realtytrac.com/trendcenter/ga/clayton-county-trend.html

www.hudclayton.com/

Clayton County, Georgia ranks number 6 of the top 100 counties in the nation with the highest percentage of households facing foreclosure, according to data provided in RealtyTrac's August 2007 U.S. Foreclosure Market Report.

www.davickservices.com/foreclosure_counties6.htm

[Oscar Knight]

Underwater Property Values In Clayton County

.....Clayton County is rated on the High Mark as # 7 in the Nation, out of 386 other counties. Homes in Clayton County has reached a all time low, since I have been living here in 1973. The investment of buying a home in Clayton County, at dirt cheap prices, might not be worth the money & labor to invest.

www.usatoday.com/money/economy/housing/2011-02-04-under-water-chart_N.htm

"Clayton County is Seventh-Worst in the Nation"

(WSB Radio) -- A new survey shows just how bad the mortgage crisis has become in Georgia. Three of the nation's hardest hit counties are just outside Atlanta.
Clayton County is seventh-worst in the nation when it comes to people whose mortgages are higher than their homes are worth.

wsbradio.com/localnews/2011/02/metro-counties-hit-hardest-by.html

...The poor economy had nothing to do with the high foreclosure rates in Clayton County !!!

....At Least Clayton County is Prospering as a bottom feeder in our State and Our Nation !!!!


...Is this is how our mortgage crisis began in Clayton County, Ga. ?

How HUD Mortgage Policy Fed The Crisis

www.washingtonpost.com/wp-dyn/content/article/2008/06/09/AR2008060902626.html

Minority Subprime Borrowers

October 2002

www.consumersunion.org/finance/minority-rpt1002.htm

......I can only wonder how many of these new homeowners could actually comprehend the words, on these contracts, that they was signing and agreeing to.