Urban renewal razes Skid Row
"Slum clearance" and downtown redevelopment demolished the single-room-occupancy (SRO) hotels that housed the poorest urban residents for a few dollars a night. New York's SRO stock fell from ~129,000 rooms in 1960 to ~25,000 by 1978. Los Angeles went from roughly 15,000 units in the mid-1960s to about 7,500 by the early '70s.