Los Angeles is attracting overseas investment in luxury homes in posh neighborhoods and in new high-rise condo developments in downtown. Is this a problem, or a sign of LA’s continued renewal? Does it make housing even less affordable to regular buyers? What does it mean for designers when they design for a faceless client?
DnA talks to photographer Monica Nouwens, interior designer Natasha Baradaran, Peter Zellner, Principal at AECOM's Los Angeles design studio, Andrew Douglas, a social sector policy analyst and advocate on environmental and social justice issues, and Selma Hepp, a senior economist for the California Association of Realtors.