Why the ‘Neighborhood Integrity Initiative’ would worsen L.A.’s affordability crisis

Why the ‘Neighborhood Integrity Initiative’ would worsen L.A.’s affordability crisis via LA Times

“But a moratorium on development would hurt anyone who hasn’t yet put down roots, including those struggling to pay rent in this increasingly pricey city. This should be obvious, but apparently it’s not: Without new development the price of housing skyrockets. Restrictive zoning keeps rents high or, in a city experiencing significant population growth, raises them. That’s supply and demand.”

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