During a massive rally set for Saturday in downtown Los Angeles, thousands from community groups and labor unions will march to demand actions regarding rising rents by advocating for affordable housing, rent control and wage increases for blue-collar workers.
One of the more concrete ideas emanating from the 120 different organizations participating is for the City of Los Angeles to buy up and turn into affordable housing the vacant, half-finished Oceanwide Plaza towers, given the moniker “Graffiti Towers” after the buildings were marred by taggers in February.
The luxury apartment complex was left unfinished in 2019 after a Chinese investor went bankrupt.