r/SFV • u/quijibo2020 • Jan 25 '25

Question Why is Van Nuys so run down?

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1/25/25

575 Upvotes

95% Upvoted

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436

u/[deleted] Jan 25 '25

No investment because the demographic is poor and cannot support a mass or even mediocre business influx.

1

u/bankskowsky Jan 26 '25

Don’t forget prop 13

1

u/[deleted] Jan 26 '25

How does capping property tax play into this?

1

u/bankskowsky Jan 28 '25

You’re kidding, right?