Rental Crisis: How Much Is Too Much ? - Fox 2 News Headlines

Rental Crisis: How Much Is Too Much ?

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One person pays $1000 a month for an aging two bedroom apartment in Boyle Heights. Another pays $2200 for Sherman Oaks. Still another pays $6000 and up for a brand new luxury building in Playa Del Ray in an area now dubbed '' Silicon Beach''. 
Yes, there is a incredibly wide variety of rental units available in L.A., which shouldn't surprise us since there is an incredible variety of places to live, people, jobs, incomes, and desires. Yet today, a group of rental rights organizations proclaimed this ''renter's day '' in Los Angeles and conducted a major event on the steps of City Hall that they dubbed a '' call to action'' for renter's in LA to alert them to what they described as a ''crisis'' in rental housing in the city. One of the groups is nicknamed ''Power"  That term may be an exaggeration, but there's no question that some people are being squeezed by rental increases of ten percent and up in non-rent controlled units, that landlords are evicting long time renters to convert their buildings to condos, and that fancy new apartment construction visible all over the city is out of the reach of the so called ''middle class.  
The questions aren't so much about '' why'' this is happening as they are ''what to do about it' ?  Get a better paying job ? Get a second and third job ?  Move to a less desirable location ? All possibilities, but people are frustrated and in some cases angry about the gentrification of neighborhood after neighborhood.  Still, the folks who represent landlords and property owners at the Apartment Association of Greater Los Angeles insist the word ''crisis'' is inappropriate.  Yes it's a competitive market they say, but there's an apartment for every income level out there.  You can search for them on their website.   It's a fascinating topic, a sign of the times, the haves and the have nots. Maybe Joni Mitchell should write some new songs about it.  It's LA.. this is where the action is. Progress or not ? Paving paradise ?   If you don't like it I guess you could move to Bakersfield. 

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