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Downtown LA: high vacancy rates leads to catastrophic homelessness

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California has some of the lowest vacancy rates in the country, as the high cost of real estate and sky-high rent keeps turnover rates low. Landlords in downtown Los Angeles are facing the opposite problem, however, with vacancy rates in the newly developed area the highest in seventeen years. As the state’s housing crisis worsens - local advocacy groups are pushing for the construction of more affordable housing. RT America’s Brigida Santos has the story.Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America


Brigida Santos vacancy rate California real estate and sky-high rent landlords downtown Los Angeles advocacy groups high cost of rents
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