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but apartments is something that is likely to never happen because of the above issue where no one will vote against their self interest. Several dozen massiv
by gamblor956 5y ago
but apartments is something that is likely to never happen because of the above issue where no one will vote against their self interest.
Several dozen massive apartment complexes have been constructed in L.A. in the past 4 years, and more are being constructed as we speak.
It turns out the problem was never actually zoning; it's simply that it's extremely expensive to build in L.A. when taking into account cost of land (limited supply), cost of materials (excess demand), cost of labor (excess demand), and the extra architectural and structural demands resulting from the dozens of fault lines criss-crossing the L.A. basin.