Land, it is said, is in short supply. There’s only so much of it to go around. As the demand increases, the price is sure to go up. Unlike the housing market where we have seen major fluctuations over the last 25 years, undeveloped land just seems to go up. In Los Angeles County there are only two cities that are not fully developed. What this means is that these two cities still contain areas of land that are zoned agricultural and therefore cannot be developed (aside from a single family residence). It also means that this land is considerably less expensive than “developed” areas which are zoned residential, commercial, or industrial. Further, it means that if LA County is going to continue to grow and develop, it must develop these areas.