Development an Gentrification
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1/19/2016
We just had a huge rent hike in Los Angeles where a studio apartment averages $1,200.+ hundred dollars. I just saw one that was $1600. It's ridiculous. Gentrification is happening in all of the affordable areas and is displacing a lot of families. Especial 'limited income' households, single people and people of color. It's seems the higher paid few are taking over the cities. They bring their dogs too. They crap on the street and leave their dander to annoy those with asthma conditions. As long as they have their income, Starbucks and outdoor cafes they seem to be happy. They are not friendly yet are moving into the neighborhood. Cost of living went up. Seems as though Los Angeles is becoming New York. Food costs more however, COL (Cost of Living) Allowance hasn't matched it.
They are squeezing the people out and developing former African American landmarks/neighborhoods to accommodate the rich. This isn't fair. I've seen two bedroom apartments go for as much as $4000-6000 thousand dollars but the average is 1900-2500 hundred.
If you're on a limited income, you are up sh*t creek without a paddle. There are many newly homeless people here.
filmtress | Los Angeles, CA