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Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

latimes.com

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Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#91

Post by kodah »

chestertn wrote: post #85
kodah wrote: post #75

Earlier quoted context omitted.

Speaking as someone who doesn't own a house in California, apartments are not enough and never will be. Housing is an investment, and if I am put in a position to perpetually rent then I am excluded from a very stable and viable long term investment that is not easily replaced. What complicates this more, is if you shove all the affordable houses to the outskirts of the city where most companies are not then you crea…

I think you can buy apartments?

The vast majority of apartments I've seen are for rent, not for purchase. So, at the least I'm putting emphasis on the idea that they need to be apartments for sale.

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#92

Post by tomnipotent »

chestertn wrote: post #85
kodah wrote: post #75

Earlier quoted context omitted.

Speaking as someone who doesn't own a house in California, apartments are not enough and never will be. Housing is an investment, and if I am put in a position to perpetually rent then I am excluded from a very stable and viable long term investment that is not easily replaced. What complicates this more, is if you shove all the affordable houses to the outskirts of the city where most companies are not then you crea…

I think you can buy apartments?

You're thinking of condos. Otherwise, I don't it's possible for a multi-unit apartment building to sell single units.

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#93

Post by nluken »

marto1 wrote: post #73
_fat_santa wrote: post #5

As soon as you look at the zoning of LA, the housing problem there becomes clear as day, even for someone who doesn't visit very often. I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it would hurt their self interest. Housing is only a "problem" if you haven't bought a house yet, once you purchase a house, all the…

> Housing is only a "problem" if you haven't bought a house yet So what if you want to have a family and need to move to a bigger place ? Is it not a problem then ?

Not to the same extent because the rise in your own home's value mirrors the rise in value of the bigger place.

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#94

Post by ghaff »

chestertn wrote: post #85
kodah wrote: post #75

Earlier quoted context omitted.

Speaking as someone who doesn't own a house in California, apartments are not enough and never will be. Housing is an investment, and if I am put in a position to perpetually rent then I am excluded from a very stable and viable long term investment that is not easily replaced. What complicates this more, is if you shove all the affordable houses to the outskirts of the city where most companies are not then you crea…

I think you can buy apartments?

In the US, "apartment" tends to imply renting vs. condo (or co-ops in some places).

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#95

Post by likpok »

jedberg wrote: post #72
nouveaux wrote: post #52

Earlier quoted context omitted.

Why is this a LA/California problem? New York City and all major cities have had high price housing that benefits owners for decades. What steps have Paris, Tokyo, Hong Kong, Seoul, Shanghai, etc done to take their housing prices down to their national average?

In most of those places, zoning rules come from a state/national level. In California, the city has enormous power in zoning rules and the city council is beholden primarily to homeowners.

To add on, California has CEQA that allows for any person to demand long environmental reviews. This has been abused by neighbors (along with historic preservation) to prevent development.

The "historic" Mission laundromat is a classic example, as was the lawsuit against the tech shuttle system.

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#96

Post by almost_usual »

kart23 wrote: post #81

Seems like single family homes are going to skyrocket in value. Especially ones that are on bigger lots. The law removed the owner occupancy requirement, so the ones that will be making the most money is investors and developers, like always.

SFH in HOA neighborhoods

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#97

Post by codekansas »

londons_explore wrote: post #19
_fat_santa wrote: post #5

As soon as you look at the zoning of LA, the housing problem there becomes clear as day, even for someone who doesn't visit very often. I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it would hurt their self interest. Housing is only a "problem" if you haven't bought a house yet, once you purchase a house, all the…

I feel like there is a solution that everyone would be happy with. It is to allow many new homes to be built, but to compensate existing homeowners for the fact their property will go down in value due to the influx of new homes. For example, the law could say "Property taxes on all properties built before 2021 will be reduced to zero, while all properties built after 2021 will have to pay property tax at 5% of the p…

Isn't this effectively what Prop 13 did in 1978? If anything it has greatly reduced the incentive to upzone, because homeowners in highly desirable areas don't pay taxes commensurate to the increasing desirability of the area they live in, while having the additional negative effect of burdening renters and newcomers with higher property taxes

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#98

Post by politician »

klyrs wrote: post #50
_fat_santa wrote: post #5

As soon as you look at the zoning of LA, the housing problem there becomes clear as day, even for someone who doesn't visit very often. I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it would hurt their self interest. Housing is only a "problem" if you haven't bought a house yet, once you purchase a house, all the…

It's even worse than that. Because LA is so spread out, merely living in apartment buildings doesn't solve the problem: the apartment-dwellers still need cars to live in LA. When you need 1-3 parking spots for every apartment, the economic efficiency of apartment buildings drops precipitously. With rose-colored glasses, I can see a path forward; building free-standing parking garages that will eventually be demolishe…

Dream: Build light rail and cluster high density mixed-use housing and commercial around the stops.

Reality: LA runs out of water as climate change intensifies in the Rockies.

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#99

Post by [deleted] »

chestertn wrote: post #85
kodah wrote: post #75

Earlier quoted context omitted.

Speaking as someone who doesn't own a house in California, apartments are not enough and never will be. Housing is an investment, and if I am put in a position to perpetually rent then I am excluded from a very stable and viable long term investment that is not easily replaced. What complicates this more, is if you shove all the affordable houses to the outskirts of the city where most companies are not then you crea…

I think you can buy apartments?

[deleted]

Re: Facing housing crisis, L.A. voters back duplexes in single-family neighborhoods

#100

Post by codekansas »

marto1 wrote: post #73
_fat_santa wrote: post #5

As soon as you look at the zoning of LA, the housing problem there becomes clear as day, even for someone who doesn't visit very often. I don't know what you would call this system but LA's problem is that the folks that have the power to fix housing have zero interest in doing because it would hurt their self interest. Housing is only a "problem" if you haven't bought a house yet, once you purchase a house, all the…

> Housing is only a "problem" if you haven't bought a house yet So what if you want to have a family and need to move to a bigger place ? Is it not a problem then ?

Not after Prop 19
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