CES Tracks Loss of Affordable Housing Units in Los Angeles
What happened
CES is tracking the loss of affordable housing units in Los Angeles due to Ellis Act evictions. The Ellis Act is a California law that allows landlords to evict tenants and exit the rental business. Reports indicate that many evictions in Los Angeles result in affordable rentals being demolished and replaced by luxury units.
From citywatchla.com
Why it matters
The law, originally intended to protect small property owners, is reportedly being used by developers and speculators to acquire rent-controlled housing and replace it with high-priced units. This trend directly impacts the availability and cost of housing in Los Angeles.
From citywatchla.com
Who's involved
- CESJapanese nonprofit organization tracking affordable unit losses in Los Angeles
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The entities involved
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Los Angeles
seat of Los Angeles County, and largest city in California, United States
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CES
Japanese nonprofit organisation
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