About 10,000 units of affordable housing in LA County are likely to flip to market-rate in the next five to 10 years. Officials say this could wipe out many of the gains from new construction in relieving the region’s housing crisis.
LA to lose thousands of affordable homes in the next decade
More than 10,000 homes in LA County are likely to lose their affordability restrictions in the next decade, according to a new report from the nonpartisan nonprofit California Housing Partnership. Photo by Shutterstock.
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