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Yet other Affordable Housing advocates state the reverse is true, that Inclusionary Zoning can have the opposite effect and actually reduce affordable housing in a community. For example, in Los Angeles, California, inclusionary zoning apparently accelerated gentrification, as older, unprofitable buildings were razed and replaced with mostly ...
A law barring monthly rents of more than $10,000 for new listings is stopping high-end homes from going on the market, real estate agents and brokers say. Such homes could be in demand for wealthy ...
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
Jordan Downs is a 700-unit public housing apartment complex in Watts, Los Angeles, California, next to David Starr Jordan High School. It consists of 103 buildings with townhouse style units ranging from one bedroom to five bedrooms. The complex is owned and managed by the Housing Authority of the City of Los Angeles (HACLA).
In efforts to fund affordable housing programs, Los Angeles is imposing a new tax on some of its wealthiest residents and their homes. Josh Altman, star of the reality tv series "Million Dollar ...
Tenant groups in San Francisco and Los Angeles claim that California landlords commonly misuse the Ellis Act "to bypass rent control" [23] [24] and to cash in during peak housing market periods [25] by managing rent-stabilized properties to vacancy, when they might demolish buildings to build pricey condominiums, retenant newly-vacated units at ...
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