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The FAIR LA Housing Plan Allows Real Estate Speculators to Profit from the Housing Crisis – It’s Sophisticated Nonsense Details
PLANNING WATCH-A reader asked me to review Abundant Housing’s Fair LA housing plan.
It contains an elaborate formula, disconnected from the legally required planning process, to up-zone all of Los Angeles, with most up-zoning directed at affluent neighborhoods. If adopted, it would lift the zoning code’s restrictions on density, height, mass, and open space throughout the entire city. I have previously dubbed this approach to city planning urban Reaganomics because its goal is to increase housing supply through deregulation. But, unlike Ronald Reagan, its advocates pawn themselves off as “progressives” so their developer-friendly proposals can gain political traction in liberal Los Angeles. For example, they invoke the name of Bernie Sanders, while totally rejecting his approach to the housing crisis: restore HUD pu