Anti-apartment sentiment is growing in Los Angeles after January wildfires devastated Altadena and Pacific Palisades, making the state’s housing shortage even worse.
What happens during the rebuilding process will impact California’s economic future.
With 16,000 buildings burned, some housing advocates believe this is a once-in-a-generation opportunity to change zoning rules to increase density throughout the city.
But worries about change are growing. Locals have posted handwritten signs reading “Altadena not for sale!!” and floated debunked theories that fires were set on purpose to make way for development.
Source: https://www.wsj.com/economy/housing/los-angeles-california-rebuild-economic-future-78a6e7db
