Which Way, L.A.?
Why Is the Rent So Damn High?
In LA, more people rent than own homes, and rents are 6% higher than before the Great Recession. How high can they go? Who's being priced out? What's driving increases?
By Warren Olney • • 29m ListenIn Los Angeles, more people rent their homes than own them, and rents are 6% higher than before the Great Recession. How high can they go? Who's being priced out? What's driving the increase? Also, LA chefs fight hunger and poverty — not just at Thanksgiving, but all year 'round.
On our rebroadcast of today's To the Point, there's plenty of evidence that Americans are overworking — not just out of necessity, but out of choice. At least they think they're making a choice. We hear about the many factors that encourage long hours and about the consequences for productivity and success.
Banner image:
In this episode
2 storiesWhy Is the Rent So Damn High?
There are more renters in Los Angeles than homeowners and, since the Great Recession, rents are 6% higher than they were before. That's made for a lot of frustration. We hear about institutional investors buying foreclosed properties and turning them in to rentals. We also check out the hot spots and the neighborhoods that are more affordable.
Read the story18 minLA Chefs Fighting Hunger and Poverty All Year Round
So many people want to feed LA's homeless that shelters ask volunteers to sign up in advance during Thanksgiving week. But some local restaurants have launched programs that last year ‘round. Tender Greens and the Sustainable Life Project run a three-month internship for foster children who might never have been employed.
Read the story11 min
