LA's booming now. Steve Lopez' column in the Sunday LA Times contains a great quote: "I think it's generally a good sign that there are now more dogs than humans urinating on downtown sidewalks."
However . . . he worries that in the optimistic building frenzy downtown, "there's just as much potential for disaster." He's right; planning is lacking. The traffic issue has never been addressed, and Lopez brings up the shortage of 'pocket parks' and public space. It's doesn't exist.
"How many people are going to hear the downtown buzz, make the move and then clear out a year later when they discover there's so little outdoor space in the heart of a city with the kind of weather that makes a person want to be outside?"
In other words, boom to bust.