4 ms·
I wish I could find the article, but they showed that neighborhoods with check-cashing stores were lower income than those without. No mention of the others.
by cerrelio 11y ago
I wish I could find the article, but they showed that neighborhoods with check-cashing stores were lower income than those without. No mention of the others. Although I suspect bail bond offices aren't a reliable indicator of economic stability; they're more likely to indicate proximity to a courthouse. In SF, they're all on Bryant St by the criminal court. The area is slightly sketchy for obvious reasons, but the houses/condos there are probably not cheap. I've lived in 4 other cities and the majority of bail bonds places are within a block of the justice centers.
Anecdotally, I live in San Francisco and have lived in two neighborhoods. One was midway through the process of gentrification and the other is in its final stages. There were many remittance/check-cashing outlets in the former. I live in the latter now and there are 7 coffee shops within a block of me; no chicken joints at all. And the closest check-cashing store to me is about a third of a mile away on Market St.