I am just looking for some thoughts on buying in areas known to have a reputation for crime.
Due to my limited budget, I've been looking at some houses in areas that some may consider less desirable. This is mainly due to some higher profile news articles that appear from time to time.
Generally these crimes are related to gangs whereby there are either drug seizures or violent crimes between gang members. My thinking is that these guys are keeping to themselves and I've nothing to worry about, but everyone I speak to is telling me to avoid these areas altogether and that I'm foolish for thinking of buying there.
I've actually checked the crime rate in these areas per capita based on the crime figures from a few years ago and the crime rate isn't that much higher than a more affluent area, but violent and gang related crime are significantly higher.
Has anyone any experience in purchasing properties in these kind of areas, or any advice into research I should be doing?