I hear you Cynique
Are your folks telling you that things are getting better? Is there cause of immediate optimism? What are they saying?
The situation will indeed play itself out, but not in the sense I think you mean. You see I don't believe that the conditions that currently exist were created on their own, by pure chance.
Great neighborhoods are not created by luck or happenstance, its take work and planning. The same is true for bad neighborhoods. I tend to believe Chicago's south side is being set up to be "rebooted" the way Harlem, the U Street Corridor in NW DC, and other, formerly, chocolate communities have been.
Things will get so bad in Chicago people will beg to have folks locked up. Actually, I thought the reboot of Chicago's south side was started when they famously demolished those Taylor projects. Where did those people go?
Some folks in Harlem projects are paranoid they will loose their homes for fear the City will turn the projects over to private management companies who will impose "market rate" rents. Sadly their are no affordable housing alternatives for people in New York City. There are many families who have occupied (been trapped really), in the projects for 3 and 4 generations!
The South Side of Chicago will definitely get better, but I doubt many of the current residents will be the beneficiaries of that improvement...