We need more, not less, housing. By reverting to decades-old density requirements, it makes it virtually impossible to build new, adequate, and affordable housing. This initiative will block efforts to build more market rate housing, affordable housing and will dramatically increase housing costs.
By severely restricting the supply of housing in Los Angeles, it will increase demand exponentially – dramatically increasing rents and pricing out middle and working class renters and homeowners. By arbitrarily shutting down all major construction projects in the city, it will eliminate hundreds of thousands of working and middle class jobs, throwing L.A.’s economy into a tailspin.
Measure S goes to far. Protect your investment and vote NO!
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