This land will become public property. Only public entity for low income people will buy this, no private owner would be interested in the nightmare. The only way to stop all these madness is tax cut and give the decision to citizens instead of government.
Government will never have enough money. They will find all the excuses to raise tax and use those tax dollars to confiscate private property.
‘The objection from these activists—the same one raised against any market-rate development in the city—is that newer, more expensive housing stock would drive out the neighborhood’s lower-income, predominantly Hispanic population. "’
This could spread to LA and other predominantly Hispanic neighborhood.