Downturn Helps Downtown L.A. Avoid Gentrification

The crash of the economy happened at the right time for gentrifying downtown Los Angeles, according to this piece from the Los Angeles Times.

1 minute read

August 9, 2010, 1:00 PM PDT

By Nate Berg


Before the city's gentrifying downtown could go completely yuppy, the crash of the housing market and the economy seems to have stopped it in a sweet a spot, according to architecture critic Christopher Hawthorne.

"When the bottom fell out of the economy in 2008, taking the housing market along with it, the results, at least for many fledgling businesses downtown, were brutal. And yet the economic collapse has also managed to freeze downtown's transformation from sleepy to energized -- and freeze it at a particularly appealing spot.

Gentrification has decelerated in several parts of downtown into a kind of limbo, leaving them sufficiently changed to feel newly vital but not enough to seem overexposed. At the same time, plummeting housing prices and the conversion of several ill-fated condo projects into rental buildings means not only that the area is continuing to attract new residents but also that it may see a more compelling mixture of people -- more teachers and designers, fewer real-estate speculators -- than it did when forgettable two-bedroom units were selling for $800,000."

Sunday, August 8, 2010 in Los Angeles Times

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Close-up of "Apartment for rent" sign in red text on black background in front of blurred building

Trump Administration Could Effectively End Housing Voucher Program

Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

April 21, 2025 - Housing Wire

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

April 23, 2025 - Diana Ionescu

Ken Jennings stands in front of Snohomish County Community Transit bus.

Ken Jennings Launches Transit Web Series

The Jeopardy champ wants you to ride public transit.

April 20, 2025 - Streetsblog USA

View of Washington state capitol dome in Olympia, Washington at golden hour.

Washington Legislature Passes Rent Increase Cap

A bill that caps rent increases at 7 percent plus inflation is headed to the governor’s desk.

April 29 - Washington State Standard

Low view of Glendale Narrows section of Los Angeles River with concrete bottom and cloudy storm sky over head.

From Planning to Action: How LA County Is Rethinking Climate Resilience

Chief Sustainability Officer Rita Kampalath outlines the County’s shift from planning to implementation in its climate resilience efforts, emphasizing cross-departmental coordination, updated recovery strategies, and the need for flexible funding.

April 29 - The Planning Report

Grandparents sitting on bench with young girl and boy, girl holding ball and boy holding ukelele.

New Mexico Aging Department Commits to Helping Seniors Age ‘In Place’ and ‘Autonomously’ in New Draft Plan

As New Mexico’s population of seniors continues to grow, the state’s aging department is proposing expanded initiatives to help seniors maintain their autonomy while also supporting family caregivers.

April 29 - Source NM