Analysis: L.A. housing permits down 5.3% in 2023

Written By Alison Strate

By Steven Sharp (November 15, 2023)

"Throughout the City of Los Angeles, 11,437 residential units were permitted through the first three quarters (January to September) of this year," writes Shoshana Baum of Hilgard Analytics.

  • This represents a 5.3% decline, equal to 641 fewer units, compared to the same period in 2022. Urbanize LA

  • To reach the 15,621 units permitted in all of 2022, an additional 4,184 units needed approval by year-end. Urbanize LA

Contributing factors:

  • Rising interest rates slowing development financing

  • A cooling job market reducing demand

  • Labor disputes creating uncertainty and delays Urbanize LA+1Wikipedia+1

Geographic patterns:

  • Exceptions to the downturn included:

    • Council District 1 (Chinatown, Westlake, Northeast L.A.): 1,049 units in 2023 vs. 845 in 2022

    • District 8 (Baldwin Hills, Crenshaw, Jefferson Park): Permits jumped from 422 to 2,622

    • District 10 (Koreatown, Mid‑City): 1,712 units vs. 1,361

    • District 13 (Hollywood, Echo Park): 1,676 vs. 1,537 Urbanize LA

Alison Strate

Here is a little bit about me. I am a millennial, married, and young mother of three beautiful children. I live in Southern Utah and love the outdoors. I have a B.S. in Horticulture (the study of plants) and a minor in marketing. I like to think that my degree in horticulture really paved the way for me as a designer. I love color and using it to capture an audience.

My journey into the world of web design began back in 2014, when I designed a website for the company I was working for as their marketing manager. I fell in love with Squarespace and since my husband and I were starting a family I realized designing websites was something I could do from home. Ever since then I have been building websites on the Squarespace platform. I have loved how it has evolved and consider myself an expert in Squarespace.

My design approach is a blend of nature's beauty and strategic thinking. It's been an incredible journey from the serene world of plants to the dynamic realm of digital design, and I've found joy in blending these seemingly disparate fields. From cozy local businesses to vast solar farms in the Australian countryside, my portfolio reflects the diversity of projects I've had the pleasure of working on over the years. I believe in crafting websites that not only look good but also feel like a true reflection of the businesses they represent.

If you're in search of a seasoned designer who combines creativity, dedication, and empathy, look no further. I'm here to collaborate with you on your digital projects, ensuring they not only meet but exceed your expectations. Let's work together to create captivating digital experiences that resonate with your audience and achieve your business goals.

https://alisonstratedesign.com
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