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Old Posted Sep 11, 2016, 3:55 AM
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aaron38 aaron38 is offline
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Join Date: Mar 2006
Location: Palatine
Posts: 4,132
Quote:
Originally Posted by the urban politician View Post
^ I think his point is that presently, racism isn't the primary factor that is preventing such areas from gentrifying. The primary factor is the current state of their built environment, even though we all know that race issues are exactly how these areas got into such condition
I disagree. The current built environment is mostly vacant lots and very low land values. Exactly what any developer would be looking for. Except they can't build new units and sell them for a decent price when there are 50 shootings on the street every weekend. The shootings are due to gangs, which are due to the drug trade, which is due to a government created black market. This isn't a problem that economic forces can solve.
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