LA population shrinking, even as larger region still grows

CNBC quoted Richard Green of the USC Lusk Center on how housing is affecting Los Angeles’ population growth.

“Los Angeles is just not growing,” said Richard Green, director of the University of Southern California’s Lusk Center for Real Estate. “A lot of [the reason] is housing, and not just the cost of housing but the number of houses that are available. Vacancy is incredibly low.”

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