Gentrification Is Killing the Bus as California’s Rising Rents Push Out Commuters

'It used to be crazy': How LA's trendiest street fell into decline

The pandemic and high commercial real estate rents have hit Fairfax Avenue hard.

Gentrification is killing the bus as California’s rising rents push out commuters

Across Los Angeles, rent hikes have led to fewer bus and train riders in an example of how California’s housing crisis is also making its transit crisis harder to solve.

Many landlords only want one thing: maximum profit. Leipzig investor Sven Schwarzat has a special trick: from a 3-room apartment he makes a flat with up to 8 mini-rooms. But he does not always win.

How gentrification is killing the bus: California’s rising rents are pushing out commuters

In summary Across Los Angeles, rent hikes have led to fewer bus and train riders in an example of how California’s housing crisis is also making its transit crisis harder to solve. The northern tip of the Vermont Square neighborhood in South Los Angeles gentrified in many of the usual ways over the last decade.  Median incomes shot up. The neighborhood’s share of Black residents declined. On the list of fastest growing home prices across the reg…