Home › News ›

L.A.'s Urban Poor Face Worsening Housing Picture

Posted by: Christian Madera

25 October 2006 - 7:00am

As the city's core continues to gentrify, many low-income families are being left with few if any options for affordable housing.

"Average rents in the city have jumped 82% in the last 10 years, to $1,750 a month, according to surveys of large properties by RealFacts, a Bay Area real estate consulting firm. In pockets like Echo Park, they've more than doubled.

In addition, apartment buildings that once housed low-wage workers have been torn down or converted to condominiums at an accelerating rate. The city has seen a loss of about 9,000 rent-controlled units — the only kind of apartments tracked — just since the start of 2005, according to Housing Department records."

Full Story: Low pay, high rent, wit's end
Source: The Los Angeles Times, October 24, 2006
»
Bookmark and Share
“
New Suburbanism is not a new design paradigm that seeks to compete with or discredit principles of New Urbanism. Instead, our perspective represents a broad-based attempt to find the best, most practical ways to develop and redevelop suburban communities.
”