low-cost housing

While that logic is largely agreed upon by economists, some progressives have stressed that the plan will only be effective if a Harris administration invests primarily in low-cost housing built for low-income renters and detached from the speculative market.

Landlords have also been accused of hoarding low-cost housing units and selling them for an exorbitant price, knowing that the desperation of some renters would more than offset any wasted space.

A proposal for an eight-story, 153-unit building was submitted as part of Executive Directive 1, Mayor Karen Bass’ initiative to fast track the approval of low-cost housing.

Frey wrote in 1988 that he and Kocher “had been discussing the need for low-cost housing in those Depression years. We thought that a small, single-family house, using the new methods of prefabrication and maintenance-free materials, would be both popular with visitors to the Exposition and offer a solution for the housing shortage of the times.”

Leaders believed they needed to have low-cost housing and social services centered somewhere in the city, and started taking steps to keep the SROs alive.