2008 – 2013: Recession causes Homelessness & Displacement, as well as a Foreclosure Crisis

  • Latino and Black Families Targeted and Disproportionately Impacted

The largest economic collapse since the Great Depression wipes away community wealth and leads to massive extraction of assets from poor people in communities like South LA. Hundreds of thousands of people nationwide lose their homes in foreclosures or the equity in their homes, but these are disproportionately Black, Brown, and poor people, many of whom had been targeted by banks and speculators with predatory loans. A slow recovery of private sector jobs fails to dent double-digit unemployment in communities like South LA and public sector employment levels are kept low, as a result of the Great Recession. Immigration from Mexico reaches a net of zero.

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November 01, 2022
South LA Building Healthy Communities will be hosting a Press Conference that will be held on Wednesday - 11/2 at 9… twitter.com/i/web/status/1…
— @BHCSouthLA
October 31, 2022
We want to live in a clean and healthy environment just like everyone else. Now is the time to have a mayor who wil… twitter.com/i/web/status/1…
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October 28, 2022
The vicious beating of Rodney King and the acquittal of four LAPD officers was a turning point for residents of Sou… twitter.com/i/web/status/1…
— @BHCSouthLA

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