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Image of homeless man on seated in the middle of a street

Monkonnen on Rising Housing Costs in L.A.

Paavo Monkkonen, associate professor of urban planning and public policy,  spoke to LAist about the root causes of homelessness in Los Angeles. Monkkonen pointed to rising housing costs exceeding income as the main contributor to homelessness. “People talk about [housing] like it’s a game of musical chairs, but I don’t think that’s really the right metaphor. Income differentials don’t matter in a game of musical chairs, but they do in this one,” Monkkonen said. Restrictive land-use policies have limited the amount of new housing available to accommodate a growing population, he said. Housing costs have increased because of a lack of supply of places to live and more high-income jobs that lead to gentrification and displacement in less affluent neighborhoods. “We’re building much less housing than we have at every other point in our history, in at least the last century or so,” he said.


 

Manville on the California Housing Crisis

Associate Professor of Urban Planning Michael Manville spoke to Reason about the California housing crisis. Manville attributed the crisis to severe constraints placed on building new housing. “The hallmark of a housing crisis is not that your new housing is expensive. New housing has always been more expensive than existing housing. The hallmark of a housing crisis is when a junky-looking bungalow in Venice costs $1 million that was built in 1985,” Manville said. He explained that “we don’t allow enough new housing to sort of contain this price appreciation.” The article notes that the relationship between cities and developers is complicated. If local governments stop limiting new housing development, they will lose the ability to gain concessions, often in the form of community spaces and services, from developers, Manville said.