I have rent control in Los Angeles but they're demolishing my place to make way for luxury condos, most likely for absentee owners. You can't find an apartment

I have rent control in Los Angeles but they're demolishing my place to make way for luxury condos, most likely for absentee owners. You can't find an apartment for under 2,000 a month in LA anymore but the way in which they demolish perhaps run down yet affordable apartments to make way for high end condos is a huge factor in the utter lack of affordable housing here. Not like people get rich in LA there is not even the income potential you have in SF and no stock options outside of Snap. I was born here so I have been treading water for life here but its getting harder and harder for people on salary to even afford to live here at all.