Crime and inflation devastating to inner city communities

[rayg]

Crime and inflation deal devastating one-two blow to inner city communities

One expert says the cost crime has had on residents of cities is 'immeasurable'

https://www.foxnews.com/us/crime-inflation-deal-devastating-one-two-blow-inner-city-communities

[dogtag]

Get rid of the politicians and we'll get rid of crime.
They're the ones who cause it, so get rid of 'em.
Elect new ones who can read and count to ten.

[lyman]

Get rid of the politicians and we'll get rid of crime.
They're the ones who cause it, so get rid of 'em.
Elect new ones who can read and count to ten.

there is some truth to this,

one big thing mentioned here and there is food deserts, (not desserts)

many urban and inner city areas do not have the shopping opportunities that the Burbs will have,

why? cause the urban and inner city stores are shoplifter havens, and the goods get stolen in some cases more than the profit on what does sell,

so the stores close up , and the small asian markets open, with higher prices,

[togor]

Poor people are also a source of significant profit, if a business can manage its costs. True they don't have a lot of money, but what they have they spend all of it, and they're not necessarily in the best position to get the best value.

[lyman]

Poor people are also a source of significant profit, if a business can manage its costs. True they don't have a lot of money, but what they have they spend all of it, and they're not necessarily in the best position to get the best value.

please explain how poor people are a source of significant profit

[Allen]

Crickets chirping

[Vern Humphrey]

Crickets chirping

Notice he has no numbers to bolster his claim.

[togor]

please explain how poor people are a source of significant profit

Rent to own appliance stores, for one.

Payday loan outfits, for another.

And as you pointed out, when the Costco is in the 'burbs, some can get there, buy in bulk at a discount, and some can't.

[togor]

Found this in an online chat on a different forum. The difference between price point and value makes a lot of sense.

"In a poor neighborhood the focus is on price point not value. I?ve answered this (and used this story somewhere else.)

Big box store, one package of computer paper, is $4 for 500 sheets or $0.008 per sheet. Dollar store, $1 for 50 sheets, or $0.02/sheet. In other words it 2.5 times more expensive. There is that trick and the second one is quality. I bought a pack of pens for $3 at a dollar store thinking that the expensive ones would be better. Most broke at inopportune moments. I then bought a pen from an actual stationary store and that one pen has outlasted the pack. I paid less than $3 for that one pen.

You have ?good? and ?bad? low-income neighborhoods. In Bad ones, you?ll see bail bondsmen, discount legal services, etc. In good ones you won?t see as many of these."

[RED]

please explain how poor people are a source of significant profit

Because they buy a new EV every year.

[lyman]

Rent to own appliance stores, for one.

Payday loan outfits, for another.

And as you pointed out, when the Costco is in the 'burbs, some can get there, buy in bulk at a discount, and some can't.

poor comparison,

costco and Sams are modeled after the middle class or higher,

ditto BJ's and other wholesale clubs

rent to own, do well in some areas, regardless of income, but rarely do well in the hood


payday loans are regulated by state, so not a good example

[lyman]

Found this in an online chat on a different forum. The difference between price point and value makes a lot of sense.

"In a poor neighborhood the focus is on price point not value. I?ve answered this (and used this story somewhere else.)

Big box store, one package of computer paper, is $4 for 500 sheets or $0.008 per sheet. Dollar store, $1 for 50 sheets, or $0.02/sheet. In other words it 2.5 times more expensive. There is that trick and the second one is quality. I bought a pack of pens for $3 at a dollar store thinking that the expensive ones would be better. Most broke at inopportune moments. I then bought a pen from an actual stationary store and that one pen has outlasted the pack. I paid less than $3 for that one pen.

You have ?good? and ?bad? low-income neighborhoods. In Bad ones, you?ll see bail bondsmen, discount legal services, etc. In good ones you won?t see as many of these."

so no real experience or know folks that have?

[togor]

Because they buy a new EV every year?

Not to my knowledge.

[togor]

so no real experience or know folks that have?

You're arguing that the poor aren't separated from what money they have?

I mean, that's why they're poor, right? Because they can't accumulate wealth? Can't get the down payment, so they have to pay rent, and build equity for the landlord?

[RED]

The poor people you are focused on are swindled, cheated and manipulated. You are apparently OK with that. In addition those, people are not where legitimate businesses achieve their profits. It is the hard working middle class that paid attention in school and works their butt off. They love their country and stand for the anthem.

Something your heroes hate.