3 ms·
By definition, there is not "plenty" of development in LA, because there is far, far, far too little of it occurring. This is evidenced by the increase in renta
by jamestimmins 4y ago
By definition, there is not "plenty" of development in LA, because there is far, far, far too little of it occurring. This is evidenced by the increase in rental rates and the meteoric increase in homelessness, all while developers are trying and failing to build housing due to local regulations.
You are wrong.
- dhbanes 4y agoYou seem to think housing is the only thing that constitutes "development". You, indeed, are wrong.
- jamestimmins 4y agoIf there isn't enough housing getting developed, then there isn't plenty of development
- dhbanes 4y agoI would hazard an educated guess that you live in a luxury apartment building. Is your building the best use for the land it’s on with regards to affordable housing? If not, why do you financially support the developers/owners? How do you deal with the cognitive dissonance?
- jamestimmins 4y agoI do not live in a luxury apartment building. But if I did, that would be fine. The reason there aren't affordable apartments in LA is because of the regulatory/cost burden. When neighbors can easily require a CEQA analysis that costs hundreds of thousands of dollars, the only buildings that pencil are expensive ones. This is a well documented phenomena.