Affordable housing can cost $1 million per unit in California due to is California’s labyrinthine financing process, parking minimums, and local governments forcing developers to cut number of apartments per building from urbanplanning
My home town West Los Angeles is terrible at this. Parking is atrocious, and so is the ability to rezone single resident to multi floor apartments, or even apartment complex. We understandably don’t allow new developements to happen without built in parking now, but that then creates a city of high end apartments being the only thing people want to develop. So parking is a stigma of the issues. Of course public transportation is big for many metropolises, but LA is big, like big big. Public transportation is good, but bad in LA.. lots of NIMBY stopping the way. (look at trying to pass a trolley line near Beverly Hills High School) So this leads to a realm of housing that is damn near impossible to afford. I don’t quite know what to do. I’m not an expert in any way. It’s just what I’ve come to understand is the issue.
The cause is a lack of public transport. But transport projects are rendered unviable by the large ownership and preference to cars. You have to tackle the issue from both ends. You also need planning policy which aims to reduce total trips taken outside the local area. —