Los Angeles weighs high-rise boom’s affect on poor
The Los Angeles City Council has tentatively approved a one-year moratorium on the demolition or conversion of single-room-occupancy housing or residential hotels into luxury lofts and condos.
The Los Angeles City Council has tentatively approved a one-year moratorium on the demolition or conversion of single-room-occupancy housing or residential hotels into luxury lofts and condos. According to the Los Angeles Times, the time would be used to develop a housing preservation ordinance, primarily to protect the city’s low-income residents living downtown. Los Angeles Times
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