The Manufactured Crisis of Housing Affordability: A Closer Look at L.A.'s Bad Zoning

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Source: AOL
The Manufactured Crisis of Housing Affordability: A Closer Look at L.A.'s Bad Zoning
Photo: AOL
TL;DR Summary

The housing affordability crisis in Los Angeles is largely attributed to restrictive zoning laws, the California Environmental Quality Act (CEQA), and a 10-year liability defect on new construction. These factors have limited new construction and pushed home prices beyond the reach of average residents. The city's downzoning in the past has restricted development, particularly for multifamily housing. The refusal to build and the reluctance to upzone have exacerbated the housing crisis. The lack of affordable housing options has forced many residents to commute long distances or rely on family money to afford a home. The restrictions on zoning and development have created a "manufactured crisis" that needs to be addressed through upzoning and policy reforms.

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