LA, and most US cities, need to be more like Tokyo -- which has much better zoning/building regulations (as in, less onerous).
Here is a startling fact: in 2014 there were 142,417 housing starts in the city of Tokyo (population 13.3m, no empty land), more than the 83,657 housing permits issued in the state of California (population 38.7m), or the 137,010 houses started in the entire country of England (population 54.3m).
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LA, and most US cities, need to be more like Tokyo -- which has much better zoning/building regulations (as in, less onerous).
http://marginalrevolution.com/marginalrevolution/2016/08/lai...
http://marginalrevolution.com/marginalrevolution/2016/08/the...
The thing is, in Tokyo most housing projects are just replacing already existing houses. In California they are adding houses.