From a new blog post at Native Intelligence:
There's been a lot of discussion lately about the American Dream in Los Angeles. Renters are worried about condo conversions, rent stabilization is being discussed more, and, of course, housing prices continue to top the headlines.Is this the pop of the housing bubble so many people were talking about a couple years ago? Read the rest of the post at Native Intelligence.
But what's gone unnoticed is last year's mysterious 11-percent increase in the affordability of housing, as reflected in the California Division of Housing Policy Development's 2007 report titled "California’s Deepening Housing Crisis..."
— TJ Sullivan in LA
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