A proposal on the ballot in Los Angeles would tax turnovers of luxury properties to fund affordable housing.
Los Angeles’ “most iconic luxury shopping centers.” On the campaign trail, Caruso has been pledging to “clean up” homelessness — and skipping serious public forums about the city’s housing crisis.
Those forums are showcasing the broad coalition behind the United to House LA initiative, an effort that’s enlisted groups that range from the Los Angeles Federation of Labor and individual unions to housing organizations and the ACLU of Southern California. In all, some 150 local groups have so far joined in on the campaign.around funding from the city’s megadevelopers and various other property interests.
Meanwhile, nationwide, the distribution of housing wealth remains anything but fair. Between 2010 and 2020, the National Association of Realtors, housing wealth overall increased $8.2 trillion to a $24.1 trillion. A whopping 71 percent of that jump went to high-income households that make over triple their area’s most typical take-home. Low-income households realized just 4 percent.
This piece was reprinted by Truthout with permission or license. It may not be reproduced in any form without permission or license from the source.Inequality.orgOtherWords , the IPS national nonprofit editorial service. Sam, now retired from the labor movement, spent two decades directing the publishing program at the U.S.’s largest union, the 2.8-million-member National Education Association, and before that edited the national publications of three other U.S. trade unions. Sam’s own writing has revolved around economic inequality since the early 1990s.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
93-year-old man shoots home intruder, fends off others near Los AngelesLOS ANGELES — (LOS ANGELES) -- A 93-year-old suburban Los Angeles homeowner, who a relative said was frustrated over being the victim of numerous home break-ins, shot and critically wounded a burglar and scared off the would-be thief's accomplices, according to authorities.
Read more »
Harriette Cole: She wants us all to pay for her move to Los AngelesUnlike her, I have a job, and I can’t even afford L.A.
Read more »
Los Angeles Dodgers Peanut-Pitching Vendor Banned From Pitching Peanuts To FansThe Los Angeles Dodgers aren’t saying “Nuts to you.” They just want peanut-loving fans to be safe when they get their goobers, or so they claim. Vendor Roger Owens, known for his …
Read more »
Why Can’t the Biggest Name in Fried Chicken Break Through in Los Angeles?She’s hot chicken royalty, but Hotville’s Kim Prince is struggling to continue her family legacy (via eaterla)
Read more »
Los Angeles Film and TV Productions Now Required to Mask IndoorsFilm and TV productions shot in Los Angeles will now require crew members to wear mask indoors. The announcement was made on Thursday by Barbara Ferrer, the public health officer of Los Angeles Cou…
Read more »
This Laurel Canyon Wedding Was a Love Letter to Los AngelesFrom Jon & Vinny’s catering to a Cocoanut Grove-inspired reception, Emily Fox and Lee Eisenberg’s wedding was an homage to the City of Angels. See every photo here:
Read more »