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The average warehouse vacancy rate in Los Angeles for the first quarter of 2024 is 4.1%, — 1.5% higher than the first quar ... Many warehouse owners must offer rent discounts or are netting ...
The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...
The shortage is statewide; from 2010 to 2017, the state added one new housing unit for every five new residents, and is pronounced in employment centers such as the Bay Area and Los Angeles. [ 15 ] : 1 [ 16 ] In 2023, housing affordability in California reached a 16-year low, with only about 16% of homebuyers able to purchase a median-priced ...
According to the latest numbers from Zillow, the median monthly rent in L.A. is $2,798, 40% higher than the national median. "I make $3,700 a month, and what, the average two-bedroom is, $2,500 ...
Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units.
For a time, she split the $2,000 monthly rent, a bargain in Los Angeles, with a roommate. After the fire, the landlord refunded January's rent, but she still has not got back her $2,000 security ...
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