Los Angeles has thousands of miles of failed sidewalks. Buckled, cracked, missing chunks or completey destroyed, the problem leaves the city paying out $2 to $4 million in trip and fall lawsuits each year. The city's budget only provides for fixing less than one hundred miles a year leaving residents on a wait list for 83 years to have their sidewalk fixed.
Continue reading "Fixing LA's Broken Sidewalk Problem via the Real Estate Market"
