[DoughtyOne]

I think it’s about two thirds black. Probably not the best of investment areas.

The Watts Riots of the 1960s in Los Angeles Left large tracts of land barren. Nobody would come into the area, business wise.

Then the Blacks were upset because their weren’t any super-markets in the area and they had to buy groceries at 7/11 type corner markets.

Talk about your difficult of learning...

[piasa]

From what I understand in Chicago they get the land by building some HUD apartments elsewhere and move the people out of the area into those. The local businesses fail and sell cheap. Next thing you know, Antoin Rezko and Blagojevic show up with a proposal

[TheThirdRuffian]

“Food deserts” exist for multiple reasons, from lack of demand, to theft, to rampant destruction, to lack of employees willing to risk life and limb without combat pay, to the general high cost and hassle of doing business among savages.

[RayChuang88]

You are correct. Remember, it wasn't until Earvin "Magic" Johnson's investment company invested huge amounts of money in South Central Los Angeles in the 1990's that the area started to revive. Today, the development of the LA Live entertainment complex since the opening of Staples Center in late 1999 has pretty much caused a major renaissance of central Los Angeles itself.