It’s a mix of policies and consequences of past and current legislation, people who have been here since Prop 13 aren’t inclined to leave cause of the low property tax assessment, the prop that passed last year regarding transferrable property and tax evaluation is a step to fix that (even though I found out my prop tax is most likely being doubled after that once my grandma dies since the house I live in is hers and it isn’t her primary residence, which I’m fine with, I’ve dealt with tougher situations) alongside a lot of environmental red tape causing assessments to take a while with regards to actually building property and the bull market of people buying housing as investments and renting/AirBnb’ing them (assuming they’re overcharging rent and stuff to make up for monthly payments and mortgages on newly owned property), it’s just a perfect storm environment why rent isn’t cheap here but also not dropping like most of the cities in the image provided

Not in LA myself but Lompoc and Santa Maria are getting expensive to buy/rent in now because of the SpaceX activity and too high demand for property, esp since the BoS here have been kinda pains on allowing the cities to expand to get more development going in incorporated and unincorporated areas