Poor? Hood?
Apart from the spate of random violence and gangsters these boys didn't seem to be coming from abysmal poverty. They had cars, nice clothes and decent homes. A lot of the problems they had were simply behavior issues amongst the different groups of guys rather than everything stemming from the supposed ''poverty''.
I know the director probably grew up in that area and to him that's what a ''hood'' is and where he wanted to set the story but it gets so much worse than that elsewhere. We all know that public housing projects are the absolute worst area a person could grow up in (apart from tent cities and homeless shelters, yes children are placed there too with their families). It would have been interesting if someone made a movie in the early 90's about life in the Cabrini Green housing projects in Chicago during that time. Goodness, could you imagine?