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Originally Posted by LouisVanDerWright
Lol @ pretending we don't all know why that is. The long standing racial divisions of this country have gone nowhere. That said I think these areas will redevelop eventually and anyone who bets on them will be rewarded handsomely.
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There are major factors here beyond racism. Black neighborhoods are just decimated physically and have no retail, food, or entertainment options to speak of.
Nobody who has a choice will live in a place that looks like Dresden after WWII. My girlfriend just moved to East Garfield Park, but even she is disappointed at the total lack of shops and restaurants in the area (not to mention the lack of a Green Line station between Ashland and California).
Historically, Latino neighborhoods experienced a gradual transition from white ethnic to Latino, did not undergo massively destructive riots or arson, and Latino communities didn't experience the same barriers to credit so they were able to purchase properties and open businesses to keep commercial strips thriving. Unfortunately the very fact that these neighborhoods are still healthy and intact makes them prime candidates for gentrification as existing gentrified areas fail to accommodate new growth.