I don't live in a shithole, but I live in a shitty neighbourhood with many shitholes. It's definitely not as glamourous as this guy makes it out to be.
The whole 'broken window syndrome' means that no one gives a shit about anything in the neighbourhood. People will literally shit on your doorstep. They will drunkenly crash their cars into their garage in the middle of the night. You will be awoken, many a night, because people are fighting.
Stay away from shitholes if you value sleep and your sanity.