realestate

LA's affluent neighborhoods face gentrification threat from investors

Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.

T
he devastating fires could exacerbate the city's already dire housing affordability crisis, potentially pricing out long-time residents and making the Los Angeles area a luxury destination for the wealthy.

Affluent Los Angeles neighborhoods threatened by gentrification from real estate investors.