Stop worrying, NIMBYS — affordable housing shouldn’t squash your property values
Los Angeles Times
August 6, 2023, 3:00 am
In the mustard-colored building, Marin Ceja, a self-employed pool technician, pays $2,000 per month for his two-bedroom apartment, more than $3,000 less than the average for a two-bedroom rental in Venice. Assuming Ceja’s across-the-street new neighbors financed their home with 20% down, they’ll be paying $20,000 per month.
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Affordable housing ~ Los Angeles Times ~ Fixed asset