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There Goes the Neighborhood

All These People Moving In, New Buildings, New Apartments

There Goes the Neighborhood

WNYC Studios and KCRW

History, City, Nyc, The, Nation, Documentary, News, Brooklyn, Gentrification, York, Boroughs, Real, Race, New, Estate, Society & Culture, Business News, Wnyc

4.8543 Ratings

🗓️ 26 September 2017

⏱️ 26 minutes

🧾️ Download transcript

Summary

Southern California was built on the sale of sunlit homes in affordable real estate developments. But the many building booms of the past century haven't been enough. In just the past 15 years, Los Angeles has added 230,000 new residents, but only 40,000 new homes. The median cost of a home in L.A. has doubled in the last five years. Rent climbs ever upward. So, who is L.A. for?

Transcript

Click on a timestamp to play from that location

0:00.0

People in this city are starving for housing.

0:05.0

It's middle, low, and extremely low income housing.

0:09.0

I live in Echo Park and I'm always worried about my landlord kicking me out

0:14.0

because he could get so much more rent.

0:17.0

As a matter of fact, I walked up to the Starbucks and I told the guy I said,

0:20.0

where you're

0:21.0

standing right now was my patio.

0:23.5

We don't need like three, four coffee shops on one street.

0:27.5

You know, I go in and there's like vintage shops and there's like new bars on the street.

0:31.7

I love this city.

0:32.7

I want to see the makeup of this city remain what it is, you know?

0:36.0

I don't want to be moved along just because I'm a different class of person.

0:41.2

I was one of the first people in my community to own a house, and it was initially something

0:46.3

that was someone embarrassed about.

0:48.5

I feel like we could represent that invader, that gentrifying couple.

0:53.8

Have you seen your property value go up?

0:55.6

I just did a re-buy. Oh, yeah. It jumped up a lot. Significantly, yes.

1:02.1

The Hispanic community is decimated here. They can't even rent here. Where are they renting? Where are they going?

1:08.7

There goes the neighborhood.

1:10.2

There goes the neighborhood. There goes the neighborhood.

1:11.8

There goes the neighborhood.

1:16.4

I'm sitting at a backyard in Los Angeles's Echo Park neighborhood.

...

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