This happened back I nthe 60[s I believe when black folks were demanding their ‘rights’ by violating the rights of others, rioting, destroying towns etc-
[[The riots had economically significant negative effects on blacks’ income and employment. Further, those effects may have been larger in the long run - from 1960 to 1980 - than in the short run - from 1960 to 1970.
The riots significantly depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s.]]
http://www.nber.org/digest/sep04/w10243.html
“The riots significantly depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s.”
When I went from Boulder to Rutgers Law in 1978, you could obtain title to a row house simply by occupying it and bringing it up to code. Nobody was bothering.