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To the editor: Staff writer Roger Vincent’s recent article on why developers aren’t building in Los Angeles misses the real issue ( “Almost no one is building new apartments in Los Angeles. Here’s why,” Oct. 1). Let’s stop pretending most of our politicians care about solving the housing crisis. They keep doubling down on the very policies that created it: rent control, endless eviction bans, excessive red tape, height restrictions and now the ULA tax that makes projects financially infeasible. Then they act surprised when nothing gets built.
In fact, rent control can actually have negative effects for renters, discouraging developers from building to meet supply and de