Why did area malls and shopping centers shut down in the 1990's, early 00's when black population got over 50% in that particular area?

Facts do not lie. What happened to these malls? Why did the shopping centers in rural areas stay open vs city?

2 Answers

  • Zirp
    Lv 7
    1 month ago

    Either they weren't "profitable enough" or were expected to not be profitable enough.

    Investments often depend on expectations rather than on facts

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  • Anonymous
    1 month ago

    I'm guessing it's because the crime rate increase 3x.

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