Unrest In Ferguson May Speed Up Decline Of Real Estate Many in the Missouri city are worried about its future, and there's speculation there will be a "mass migration" should violence erupt again. But some residents remain committed to the city.
NPR logo

Unrest In Ferguson May Speed Up Decline Of Real Estate

  • Download
  • <iframe src="https://www.npr.org/player/embed/357612090/357628461" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Unrest In Ferguson May Speed Up Decline Of Real Estate

Unrest In Ferguson May Speed Up Decline Of Real Estate

  • Download
  • <iframe src="https://www.npr.org/player/embed/357612090/357628461" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

ROBERT SIEGEL, HOST:

A grand jury has yet to decide if it will indict Darren Wilson, the police officer who fatally shot 18-year-old Michael Brown in Ferguson, Missouri this summer. Protests over Brown's death continue, though they are calmer than they were in the weeks following the shooting. Still, many residents in Ferguson are worried about public reaction once the grand jury announces its decision. And some say they've had enough; they're planning to move. That could accelerate an already existing trend there among the more well-off, as the St. Louis Public Radio's Durrie Bouscaren reports.

DURRIE BOUSCAREN, BYLINE: If you're taking the highway, Ferguson sits about 20 minutes northwest of downtown St. Louis, putting it in the inner ring of the northern suburbs. A couple of generations ago, this was where the wealthier residents moved in search of better schools and bigger houses. Most lots here have single family houses built just after World War II, with tall trees and sidewalks. Pearce Neikirk grew up here and has watched the suburb of 20,000 shift from mostly white residents to about two-thirds black residents. He says houses here in Ferguson are more affordable than houses in suburbs further away from the city. But more affluent residents continue to move west.

PEARCE NEIKIRK: As their incomes increased, they decided, well, hey, I can buy something new. I can buy something bigger. I can buy something with land around it. And so then, they of course do leave.

BOUSCAREN: Neikirk, who's a realtor here, says in the initial weeks of the protests, his phone didn't ring it all. Neikirk allowed some of his clients to withdraw their homes from the market. Some buyers were concerned that the properties they were looking at would lose value. Realtors have sold fewer than half as many homes over the past 30 days compared to the same time last year. But it's a slow time of year for real estate anyway.

NEIKIRK: No matter how we sort the MLS data, no matter how we look at the tax rolls, there's not a picture being painted yet. Now, I think that is going to be painted probably within the next four or five months.

BOUSCAREN: But resident Afrika Bryant isn't waiting that long.

AFRIKA BRYANT: Yeah, I want to get out of here, you know?

BOUSCAREN: Bryant lives a block away from the burned-out QuikTrip gas station, which became the epicenter of many of the first protests in Ferguson. She's a nurse and a mother of four who's recently remarried. A few days after the Michael Brown shooting, about a dozen of her friends and family members gathered in her backyard to celebrate the wedding, but when police cracked down on protesters in the street nearby, tear gas hurled towards her sun porch.

BRYANT: I can literally show you three cans of the tear gas and - what? - those rubber bullets. My neighbor, she's like 70 years old. She's in her backyard looking at what's going on - they shot her.

BOUSCAREN: Bryant is now making plans to move when her lease is up in the spring. But will there be a mass migration from Ferguson? A lot of Bryant's neighbors have lived here for decades and say they won't leave under any circumstances. University of Iowa history professor Colin Gordon studies urban sprawl in the St. Louis region. And he expects to accelerate the pattern of suburbanization that was already well underway.

COLIN GORDON: What shaped the fate of the city a generation ago - people were reacting to the size of houses, the declining quality of the schools. That's now happening to the inner suburbs like Ferguson.

BOUSCAREN: Gordon says discriminatory housing practices and zoning laws in and around St. Louis kept most black residents from a moving out of the city until the '70s and '80s, when wealthier black families began to move into suburbs like Ferguson. Some white families moved further west. Now Gordon says it's more economic migration than it is white flight. When the wealthier families move out, housing prices drop and communities become more affordable. But with those lower property values come other issues.

GORDON: It's a sort of vicious cycle because schools rely on local funding. If the schools deteriorate because the local funding is falling off, what's the response? People leave.

BOUSCAREN: But homeowner Brian Owens isn't leaving. As we walk through a neighborhood near an elementary school where he might send his kids someday, Owen says there's an opportunity here in Ferguson to possibly come together and address the problems that have plagued so many other cities.

BRIAN OWENS: We have a responsibility to stay, but a lot of those changes are heart changes. And they're going to take a lot of work and a long time. But that's OK 'cause nothing worth having is ever easy or ever comes quickly.

BOUSCAREN: For NPR News, I'm Durrie Bouscaren.

Copyright © 2014 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.