Using my city as a reference (Santa Monica), homes will be torn down and replaced with apartments/condos. A landlord can make more money crowding people into one small area then having a single family live there. Then again, people who owned their homes here sold them to landowners who were going to do this.
Cars will still be the dominant form of transportation for a while. If oil hits 200 a gallon, as predicted by goldman sachs, then you will probably see more lower income people take alternate forms of transportation.
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Comments: 3 comments
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Silent
August 8th, 2009 at 8:12 am
More of the same.
Mikey B
August 8th, 2009 at 8:12 am
Using my city as a reference (Santa Monica), homes will be torn down and replaced with apartments/condos. A landlord can make more money crowding people into one small area then having a single family live there. Then again, people who owned their homes here sold them to landowners who were going to do this.
Cars will still be the dominant form of transportation for a while. If oil hits 200 a gallon, as predicted by goldman sachs, then you will probably see more lower income people take alternate forms of transportation.
bakit ganon
August 8th, 2009 at 8:12 am
Wow, looks like you’re getting ready to update The Status of Housing Elements in California!
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