Boyle Heights CA Anti redevelopment
Hi BP,
I am originally from LA and I am interested in Boyle Heights, CA near DTLA (Downtown LA) and I have been reading about a lot of anti gentrification protests going on and anti- redevelopment resentment happening. Has anyone invested or know of anyone that has invested that has experienced this or seen this?
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Jacqua Le Fleur , yeah it has been disturbing seeing what that protestors have been doing. I heard that some aren’t even from the Boyle Heights area but I have no idea , I really wouldn’t be surprised .
What I’ve seen happen in L.A is that gentrification eventually happens , but it just gets slowed down.
So in the meantime the area stays higher crime and run down .
There was a recent article in the L.A times I just read about how MacArthur Park /Westlake area is gentrifying . Of course there are still the activist types that think people should able to pay $800 rent forever , when market rents are more than double that .
This is the article if you are interested
http://www.latimes.com/local/lanow/la-me-westlake-district-20170211-story.html