Baltimore rioting damage estimate at $9 million: U.S. government
Source: Yahoo! News / Reuters
WASHINGTON (Reuters) - Damage from rioting in Baltimore over the death of a black man from injuries in police custody is estimated at $9 million, a U.S. government survey showed on Wednesday.
The survey by the Small Business Administration found that more than 30 businesses and one home sustained major damage between April 25 and May 3 in unrest sparked by the death of Freddie Gray, 25.
The survey also found 254 businesses and one home experienced minor damage.
Damages to businesses totaled $8,927,000, and to homes $60,000, a Small Business Administration spokeswoman said.
Read more: http://news.yahoo.com/baltimore-rioting-damage-estimate-9-million-u-government-194435850.html
geek tragedy
(68,868 posts)7962
(11,841 posts)Little Tich
(6,171 posts)But, yeah, the number seems a bit low.
Renew Deal
(81,893 posts)It adds up to approx. $300,000 per store. It must be just reconstruction cost?
Yupster
(14,308 posts)I bet it's the rebuild and repair costs.
No way it includes inventory too.
kirby
(4,442 posts)It appeared from the non-stop sensationalist media coverage that passes for 'news' these days that 1/2 the city was in flames.
A Little Weird
(1,754 posts)Just for the sake of comparison.
7962
(11,841 posts)FLPanhandle
(7,107 posts)Those 200+ small businesses may not reopen or go bankrupt.
winstars
(4,220 posts)daleo
(21,317 posts)MichMan
(12,001 posts)So more rioting is OK until we catch up ????
dembotoz
(16,864 posts)NaturalHigh
(12,778 posts)I have no sympathy at all for the rioters and looters. Hopefully they all end up doing hard prison time.
leftynyc
(26,060 posts)your sarcasm thingy. Unless you're okay with those small businesses getting completely trashed and unable to afford to open again which in turn would mean all those jobs are permanently gone because criminals decided to pillage and loot rather than something constructive.
dembotoz
(16,864 posts)but damnit something had to be done
we can not always be koomayah
sadly in this nation
thousands protest no big deal
break a window....out come the cameras
leftynyc
(26,060 posts)where the topic of conversation immediately moved from the behavior of the police to the behavior of the rioters. Do you really think that was helpful in any way at all?
Major Hogwash
(17,656 posts)But, maybe not sustained on appeal.
leftynyc
(26,060 posts)businesses that cannot afford to reopen or the employees of those companies who are now unemployed.