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I 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 hou
by dhbanes 4y ago
I 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.