Business Daily - LA's housing crisis
Regan Morris looks at the housing crisis in LA where around 60,000 rough sleepers bed down each night. In a city of sky high rents and scarce availability, are dormitories the answer for young professionals struggling to rent or buy a place of their own? We take a tour of the city's 'pod' accommodation which houses multiple men and women in one room for $50 a night. We also look at zoning - a controversial policy which designates specific areas on the sidewalk for rough sleepers and would cut down the space available to bed down. And will tough restrictions on Airbnb help ease the pressure on housing?
Picture description: A man closes his tent after a night on the streets of Los Angeles, California
Picture by Frederic.J.Brown for AFP via Getty Images
Published on Friday, 3rd January 2020.
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