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When people go out of their way to talk about how they live in a very "diverse" area, it's so that when they call their relatives in North Carolina they can brag about how trendy they are because they have black, asian, gay, and hispanic neighbors all living on the same street, attending wine tastings at the community clubhouse, walking down the street with baby strollers filled with adopted children from overseas, waving, yadda yadda. In other words - "big city trendy". It's bragging rights. Well, most likely if you live in a neighborhood filled with $300,000 to $500,000 homes, all of your diverse neighbors will be very lovely people. I would challenge these trendy folks however, to brag about their diverse neighborhood neighbors if the average home value in their neighborhood was $90,000 or less. Money = "trendy diversity".
Of course, if I lived in an area where 20% or more of the homes were for sale, I'm not going to say a single bad thing about the surrounding neighborhoods that butt-up against mine, either. Say what you will, and I do again wish them luck selling. But it's a hard sell to those who really know it.
While diversity might very well be a selling point for a lot of people, there are plenty of people who would rather live in an enclave of people just like them. The days of keeping the "unwanted" out of town are long gone, of course, but is it really right to use "diversity" as a selling point for a home, considering?