Real Estate/Development
Aug. 19, 2003
No End to Vicious Affordable-Housing Cycle
MARGOT CARMICHAEL LESTER Special to the CREJ For some, affordable housing is a deal-killer. For others, it is an unwelcome addition to the community. But for many, affordable housing is a lifeline.
MARGOT CARMICHAEL LESTER
Special to the CREJ
For some, affordable housing is a deal-killer. For others, it is an unwelcome addition to the community. But for many, affordable housing is a lifeline.
No matter how divisive the issue of developing affordable housing is, most agree that Southern California does not have enough residential stock and that those on the lower rungs of the economic ladder suffer most.
This dynamic will define the re...
Special to the CREJ
For some, affordable housing is a deal-killer. For others, it is an unwelcome addition to the community. But for many, affordable housing is a lifeline.
No matter how divisive the issue of developing affordable housing is, most agree that Southern California does not have enough residential stock and that those on the lower rungs of the economic ladder suffer most.
This dynamic will define the re...
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