This little homie used to live right there man. 
Ya see, I got some mixed feelings on gentrification. We stayed right across from The Bottoms, my morning runs used to take me right in a circle around the Forum back when it wasn't being used for shyt other than church services and the occasional concert. Had a big spacious two-room apartment for just $750/month. But the electricity went out all the time, phone lines were so shyt they were almost unusable, plumbing was shyt, floor in the kitchen was sinking in like it was gonna collapse, paint chipped off all over, and roaches like you wouldn't believe. It was like it used to be a nice apartment in the 1970s and then the owners had just neglected it ever since then while it just fell apart. Everyone in my building was a Blood so shooters used to come down Crenshaw and just fire into the building, we had a shooting on our spot damn near every year, thank God we were on the 2nd floor cause there were bullet holes going all through the first floor all over. Little 13-year-old homie of mine got arrested by the police right on my doorstep, face thrown up against the wall, just for smoking a joint. I got drug out of my car and thrown up against it once just for leaving my pad, police were seriously just hoping I had some drugs on me, had to make up bullshyt about me matching a description when ALL I had done was leave my pad and hadn't even gotten down the block yet when they stopped me and then put hands on me without even asking for ID.
People shouldn't live that way, you know? I want neighborhoods like that to get better. I want people to put energy into restoring them. But then if you make the neighborhood better but the people who lived there can't live there anymore, what good have you done?
I drove through the 'hood just a couple months ago, first time in forever, it looking WAY different. Almost unrecognizable. That's sorta a good thing but it made me feel bad, you know?
This summer my wife and I were staying over on Beach before our little one was born. The place we were staying in was $1650/month, that's a much nicer area real close to Ladera Heights. But the landlord said everyone had to move out by August 31st while he was renovating the whole thing, new price was going to be $2750/month. Rent control didn't apply cause of the renovations they could do what they wanted.
Gentrification is a hard thing, like people are saying the solution is really to own, but you can't afford to own so what the hell?
You know, the original form of the Constitution wasn't "life, liberty, and the pursuit of happiness," it was "life, liberty, and PROPERTY." When I was younger I thought that was so materialistic, but now I understand how vital it is. We should guarantee every family a spot to live, a spot they can have to themselves and they own. Overpopulation ain't the issue, there are plenty of homes for everyone, it's the damn speculators and absentee landowners and people who own two and three and four spots that are driving up the prices.

Ya see, I got some mixed feelings on gentrification. We stayed right across from The Bottoms, my morning runs used to take me right in a circle around the Forum back when it wasn't being used for shyt other than church services and the occasional concert. Had a big spacious two-room apartment for just $750/month. But the electricity went out all the time, phone lines were so shyt they were almost unusable, plumbing was shyt, floor in the kitchen was sinking in like it was gonna collapse, paint chipped off all over, and roaches like you wouldn't believe. It was like it used to be a nice apartment in the 1970s and then the owners had just neglected it ever since then while it just fell apart. Everyone in my building was a Blood so shooters used to come down Crenshaw and just fire into the building, we had a shooting on our spot damn near every year, thank God we were on the 2nd floor cause there were bullet holes going all through the first floor all over. Little 13-year-old homie of mine got arrested by the police right on my doorstep, face thrown up against the wall, just for smoking a joint. I got drug out of my car and thrown up against it once just for leaving my pad, police were seriously just hoping I had some drugs on me, had to make up bullshyt about me matching a description when ALL I had done was leave my pad and hadn't even gotten down the block yet when they stopped me and then put hands on me without even asking for ID.
People shouldn't live that way, you know? I want neighborhoods like that to get better. I want people to put energy into restoring them. But then if you make the neighborhood better but the people who lived there can't live there anymore, what good have you done?

I drove through the 'hood just a couple months ago, first time in forever, it looking WAY different. Almost unrecognizable. That's sorta a good thing but it made me feel bad, you know?
This summer my wife and I were staying over on Beach before our little one was born. The place we were staying in was $1650/month, that's a much nicer area real close to Ladera Heights. But the landlord said everyone had to move out by August 31st while he was renovating the whole thing, new price was going to be $2750/month. Rent control didn't apply cause of the renovations they could do what they wanted.
Gentrification is a hard thing, like people are saying the solution is really to own, but you can't afford to own so what the hell?

You know, the original form of the Constitution wasn't "life, liberty, and the pursuit of happiness," it was "life, liberty, and PROPERTY." When I was younger I thought that was so materialistic, but now I understand how vital it is. We should guarantee every family a spot to live, a spot they can have to themselves and they own. Overpopulation ain't the issue, there are plenty of homes for everyone, it's the damn speculators and absentee landowners and people who own two and three and four spots that are driving up the prices.
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You're right. Hypothetically speaking, if a crime spree occurs which targets middle-class property owners, the property value will decrease.

Because of a football stadium.