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Los Angeles is facing fresh scrutiny over a $20 million homeless housing project that sat empty for four years after the city shut down a functioning building to convert it — spending $625,000 per unit to house nobody. The debacle is feeding a broader debate over LA's housing politics, with mayoral candidate Nithya Raman pushing a platform critics say is mathematically impossible: promising both rent freezes and new construction, a combination developers say kills the financial case for building anything.

Why Is Los Angeles Spending $20M on 32 Empty Housing Units?
Homelessness & Drug Crisis State Capacity

Why Is Los Angeles Spending $20M on 32 Empty Housing Units?

March 26, 2026 · 6 min read

Los Angeles emptied a building that was already housing people. Four years and $625,000 per unit later, it still houses nobody.

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The Left's Housing Math Doesn't Add Up
Housing & YIMBY New York City

The Left's Housing Math Doesn't Add Up

March 08, 2026 · 4 min read

NYC and LA progressives promise rent freezes plus new construction. Every city that's tried gets ghost apartments instead.

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