astounding policy failure that Los Angeles built less new housing during the long economic boom of the 2010s than it did during the decade when half of national output was going to fight World War II
Reposted from
Shane Phillips
I also had to include a chart illustrating LA's abysmal housing over the past three-plus decades, because it's left us in a worse position to re-house our displaced neighbors without hurting vulnerable renters across the county.
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Ofc that doesn't make today's weakdogness any less shameful
that’s a big shift of *productive capacity* away from civilian needs like homebuilding
is it any wonder LA has the worst housing crisis in the country?