Soaring Prices Limit Affordable LA Housing

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Of cities with the most crowded housing in the United States, 17 are in California. With Santa Ana, East LA and El Monte leading the list, Los Angeles is eleventh. Economists say the reason is not a shortage of structures but the price. Why are housing prices so high and who-s being squeezed out? How does education figure into the equation? We get the latest on why the housing crunch will get worse before it gets better, and speak with a woman forced out of a crowded home because the landlord has sold it. We also hear from Edward Leamer, director of UCLA-s Anderson Forecast and author of a study of housing just released today.
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Adelphia

Los Angeles City Attorney

Bubble Trouble

UCLA Anderson Forecast

Faces of Ground Zero in LA

Credits

Host:

Warren Olney

Producer:

Frances Anderton