They can't afford it cause they're poor? Or black? Is it really about money, or appearance? And who's to determine that? Isn't it up to the company to plant their store, then survive or fail on their own? Methinks someone doesn't want a swank grocery store in the geh-toe. Pretty soon, you'll see some middle class whiteys looking for property to drive everything up.
What you can afford has nothing to do with skin color, and everything to do with $.
It would seem odd for Trader Joe's [or any upscale place] to want to build where their customer base is thin, but I guess they're banking [literally] on the aftereffects: more upscale retail, more "yuppies" snapping up housing at bargain basement rates, remodeling and transforming the hood into a much prettier place. For those who can afford it, anyhow.
So what if the lifelong residents have nowhere to go? Because truly affordable housing has been in extremely short supply for decades now, and still, no one is building more. Demand is through the roof, interest in supplying it is in the sub basement. [Please don't go there: government housing. The waiting lists are years long, and have been for at least 15-20 years now, except for 1 bedroom apartments. The senior citizens are welcome, everyone else has to wait.]
It's sad, the way our moral compass ignores what made America great: people.
Not profit - people. That's what this country was founded for, and
they really truly are our greatest resource. We just ignore that when it's inconvenient. And if they don't like it, they can go somewhere else. SMH.