(Fox News) The rioting and looting this week in Baltimore has homeowners and merchants crucial to the city’s ongoing revitalization efforts worrying that the violence may have a chilling effect on future investments.
For decades Baltimore has relied on newcomers willing to buy and rehabilitate dilapidated — and often abandoned — property to power the rebound of the city’s more distressed neighborhoods.
But like in many mid-sized cities across America, the revival — captured a decade ago with a simple one-word campaign, “Believe” — is fragile.