LA has the nation's worst homelessness problem, a (literal) epidemic so terrible it distorts the national statistics. Read the rest
LA's new homelessness stats reveal a crisis that is only worsening
California ballot measure to reintroduce rent control met with millions in opposition from Wall Street landlords
California is one of the hot-zones in the world's urban housing crisis, driven by a combination of opposition to highrise/high-density living and the mass purchase of foreclosed properties following the 2008 crisis by giant Wall Street landlords who have steadily ratcheted up rents and evictions in a big to safeguard the flow of payments to bondholders who get a share of the rents extracted from struggling tenants living in dangerous, substanding housing. Read the rest
