Inman

Los Angeles growing more expensive than expansive

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BuildZoom, a company that helps consumers find contractors, released a study on the expansion of American cities over the past 60-plus years.

According to BuildZoom’s chief economist, Dr. Issi Romem, the expansion of cities as a whole hasn’t slowed down. In fact, many are expanding a similar rate seen in the 1950s.

Cities throughout the nation are going through one of two processes: expanding or growing more expensive. Those cities that are becoming more expensive are typically the same ones that are limited to outward expansion by geography.

[Tweet “LA expansion decreased 43.9 percent from the ’70s to 2000s”]

In Los Angeles, expansion has decreased by 43.9 percent in 2000 compared with the 1970s. In terms of square miles, LA expansion dipped from 408.86 to 229.26 in 2000.