It's amazing how little has changed in recent years in LA. The massive downzoning of the 1980s had its effect: prevent efficient land use, and channel money into the hands of landlords and homeowners from all newcomers.
LA is a ridiculously unaffordable place to live, not because it's nice, but because of an artificial shortage of built space, due to a monopoly on the permission to build.
LA is a ridiculously unaffordable place to live, not because it's nice, but because of an artificial shortage of built space, due to a monopoly on the permission to build.