ST Alpha - "the Prop 13 death spiral of (un)available housing in LA -- (link)" (Reading a Post)

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the Prop 13 death spiral of (un)available housing in LA -- (link)

Posted by hollywood big shot (aka pickmix) Mar 27 '24, 12:15

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https://laist.com/news/housing-homelessness/los-angeles-baby-boomers-millennial-parents-homeownership-family-sized-housing-adus-downsizing (laist.com)

Responses:

It's very much a regional thing. Oooooo, I could sell my current place for some multiplier over what I bought it for but then how I am going to buy - JD Mar 27, 13:15 2
- downsizing should work. empty nest boomers with houses could easily get a 2-br condo in the same vicinity for their house's sale price (they just don't -- (edited) - hollywood big shot Mar 27, 13:19 1
  - I also think there's the issue of a 2 BD Condo isn't a house - JD Mar 27, 13:46

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