The Los Angeles Homeless Services Authority (LAHSA) today released a study by the Economic Roundtable that provides even more evidence that providing permanent supportive housing for the chronically homeless can ultimately provide public cost savings. These savings have been documented in research in cities across the nation, with the early work being done by DennisContinue reading “Evidence from Los Angeles that housing the homeless saves money”
Tag Archives: Housing
Housing and inequality
Our housing-market-implosion-induced financial meltdown has prompted a rethinking by increasing numbers of researchers and policymakers of how we approach housing policy in the U.S. The concerns and implications are both personal and societal. Much of the angst has arisen from the stratospheric increase in home mortgage delinquencies and foreclosures. A recent NY Times feature seriesContinue reading “Housing and inequality”
Los Angeles Foreclosures
We hear nearly everyday about the growing number of foreclosures in our country, particularly in boom-and-bust markets like Los Angeles. This chart provides a historical picture that shows what a unique moment we are in. In the last LA housing bust during the early 1990s, foreclosures doubled from under 15,000 in 1992 to over 33,000Continue reading “Los Angeles Foreclosures”
Have we hit bottom?
Last week, the Obama administration and the media began portraying the economy is a more favorable light, asserting that we’re at or near the bottom of the recession. Today, looking for good news anywhere they can find it, the Los Angeles Times claims that “Southern California home prices may be stabilizing,” because the median homeContinue reading “Have we hit bottom?”
Bill Pitkin 