Los Angeles rents are very high. Those who live on low income or fixed incomes are being driven from the city. Many seniors move out to outer areas in the state or out of state entirely. It is simple math. More people are living on a fixed amount of land.
Indeed.
Right now, there are tons of luxury apartments, often fetching over 2 grand for a 600 sq foot one bedroom. On the flipside, there are 1 bedroom dumps to be had for about $1000 a month, but those places are completely overrun with illegal aliens, usually multiple families in each apartment.
Those in the middle are the ones who really feel the squeeze.