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Carthay Circle LA Retweeted
XO doesn’t quite hit the six-month mark on Beverly Boulevard https://la.eater.com/2018/4/5/17204052/xo-on-beverly-closed-shutter?utm_campaign=la.eater&utm_content=chorus&utm_medium=social&utm_source=twitter …pic.twitter.com/cKScuY4LHg
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'Essentially you have people who are higher income, replacing people who are lower income' https://blogs.wsj.com/economics/2018/04/05/in-pricey-cities-new-residents-make-much-more-than-those-leaving/ … via
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Home buying market so brutal, some home buyers make offer sight unseenhttps://www.cnbc.com/2018/04/05/home-buying-market-so-brutal-some-home-buyers-make-offer-sight-unseen.html …
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Hey
@latimes, these stories of improvement and gentrification are a lot more desirable than those of displacement and deportation. RT: Wells Fargo Center gets $60-million upgrade as Bunker Hill skyscrapers grapple with competitionhttp://www.latimes.com/business/la-fi-oasis-bunker-hill-20180405-story.html …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Can we go back to a time when this is a typical
@LATstevelopez story? A good one with no politics. I love and hate Waze. RT: On one of L.A.'s steepest streets, an app-driven frenzy of spinouts, confusion and crasheshttp://www.latimes.com/local/california/la-me-lopez-echo-park-traffic-20180404-story.html …Thanks. Twitter will use this to make your timeline better. UndoUndo -
If residents have the power to get to this TOD development halted, then
#SB827 has zero chance of passing. RT: Judge puts the brakes on Koreatown apartment towerhttp://www.latimes.com/local/lanow/la-me-ln-koreatown-apartment-lawsuit-20180403-story.html …Thanks. Twitter will use this to make your timeline better. UndoUndo -
Who wouldn’t? RT: Supervisors favor Wolfgang Puck-Frank Gehry project to replace Gladstones on PCHhttps://lat.ms/2H4VQC1
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“Some have moved inland to San Bernardino, Hemet and Victorville, the last stock of relatively affordable housing in the region, or even farther, to Las Vegas and Phoenix. Some move to South L.A., where prices have not risen as dramatically as they have on the Eastside.” Fine.
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Lincoln Heights, Echo Park and that whole area has been a growing gentrification hotspot for 15 years. Low income folks in the area could see that coming like everyone else and should have prepared for it. Complaining now is pointless.
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Commercial real estate agent Steve Kasten: “If it changes the makeup of the community … should you stop it? How can you?” he said. “That’s free enterprise, and the marketplace dictates what people want.” Exactly!
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Capitalism works like this. A shame for some, but overall better for society. Should incentivize people to learn more skills and work harder. RT: As gentrification closes in, immigrants in Lincoln Heights find their American dream slipping awayhttp://www.latimes.com/projects/la-me-a-dream-displaced-gentrification/ …
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Once again, more evidence that the so-called housing crisis isn’t exactly a crisis - especially when prices are flat or even going down. This is won’t help development activists make their case against entrenched NIMBYs.https://www.bloomberg.com/news/articles/2018-04-03/manhattan-home-sales-tumble-most-since-2009-as-buyers-push-back …
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