BELOW ARE 3 ARTICLES ABOUT HOW THE HOUSING BILLS HAVE COME TO BE IN LOS ANGELES.
This special report was researched and written by Patrick Range McDonald, special investigator for Housing Is A Human Right. McDonald was an award-winning investigative journalist at L.A. Weekly. He received the “Journalist of the Year” award from the Los Angeles Press Club and the national “Public Service” award from the Association of Alternative Newsmedia, among other honors.
Top photo by Leslie Dreyer/Housing Rights Committee of San Francisco
DOCUMENTING THE CALIFORNIA ASSOCIATION OF REALTORS LOBBYING EFFORT TO REMOVE POLITICIANS WHO OPPOSE THEIR AGENDA:
C.A.R.’s lobbying effort (“Operation Local Growth” and support of 2020 pro-housing-supply legislation) is in accord with the “trickle-down” housing agenda. It illustrates another arm of the Real Estate Industry that is trying to take away local control, deregulate land use, and allow unrestricted, predominately market-rate housing growth.
Although, C.A.R., as an organization, supports unsustainable housing and population growth, there were numerous Realtors who worked diligently to defeat the aforementioned detrimental high-density housing bills. One Realtor stated that she never includes PAC donations in her association dues.
Recommendation: If you support local control of land use and sustainable slow growth, then, in order to counterbalance C.A.R.’s lobbying efforts, donate to campaigns of candidates who espouse your views and oppose legislation that caters to the “trickle down” housing agenda.
ACCORDING TO ZILLOW:
Rents Rising Fastest Among Low-End Apartments
Despite growing number of renters in the market, most new apartment construction is high-end units.
- The majority of new construction built since 2014 has been at the top of the market in large markets analyzed by Zillow.
- The lack of supply among the least expensive third of rental homes and overall strong demand for rentals is driving up rents.
- Rents among the cheapest apartments are outpacing the growth of the entire rental market in 15 major markets analyzed by Zillow.
- Over the past year, 11 of the 15 housing markets in Zillow’s analysis saw double-digit rent appreciation among low-end apartments.