Blight

On days the largest banks in the world aren't on the edge of failure, we often get to hear stories of blight as a result of the mortgage fallout. As a country, are we really that well off that we can afford to spruce up abandoned neighborhoods just so they don't look bad. Aren't there a few more relevant causes we could attend to with our unending riches. I guess we've taken care of all the problems that fall below bad looking neighborhoods so this is next most important.