POLITICSCALMATTERS
Los Angeles sits on a sleeping giant of housing supply. It begins with starter home conversions
Los Angeles faces a housing supply challenge as the City Planning Commission considers delaying Senate Bill 79 to replace it with a 'Low-Rise Ordinance.' Research from the American Enterprise Institute’s Housing Center suggests legalizing starter home conversions—turning single-family homes into smaller units—could add 13,600 homes annually, generate $9 billion in property tax revenue over a decade, and address affordability and supply issues simultaneously.
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