LA building moratorium measure would cost region billions, according to study
Los Angeles voters will decide this spring whether to place a temporary halt to some building construction to reform what backers say is a broken land-use system that favors developers over the needs of neighbors.
But if Measure S should pass, according to a study released Thursday, it would not only put a $2 billion dent in the Los Angeles economy, put 24,000 people out of work and cut $70 million from city coffers – enough to hire 1,000 firefighters or cops.
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