Palm Springs, Calif., has been a redoubt for snowbirds and show business royalty at least since the 1930s.
L.A. Builders Build Small as Solution to Local Housing Shortage Crisis
September 23, 2015
Developer LocalConstruct combined the lots of six dilapidated houses to build a cluster of 18 single-family houses, Realtor.com reports.
“Think of it as the incredible shrinking subdivision,” the article says. Realtor.com dubs building “single-family houses on little parcels of vacant, overlooked land in existing neighborhoods” as a big fix to Los Angeles’ housing shortage problem.
Mayor Eric Garcetti has a goal to add 100,000 more houses by 2021, and some groups have challenged him to make sure affordable housing is included in the mix.
More like this
- Land Prices Increasing In Luxury Markets Due To Lack of Supply
- Buyers Obtain Most Down Payment Assistance In Los Angeles, Miami, And Seattle
- L.A. Shifts Focus to Small-Lot Projects for More Homes
- Hottest Job Markets, Ranked By Housing Affordability
- Granny Flats Help Alleviate California’s Housing Shortage
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