A new report by Construction Coverage shows that buying a home in Los Angeles is twice as expensive as renting, with a median monthly mortgage payment of $5,709 compared to a median rent of $2,742. The affordability gap has widened since 2021 due to doubled mortgage rates and a 33% increase in home prices. Despite the high cost of buying, rental costs are also steep, with two-bedroom units averaging well over in some parts of LA. While buying a home is generally more expensive than renting across the U.S., this wasn’t always the case, with affordability shifting due to economic factors. In a small group of cities, primarily in the South and Midwest, homebuyers are favored.

On the corner of Crenshaw Blvd and 54th St is one of the most important development projects happening in LA right now. The Clark on 54th is a $24 million, six-story mixed-use development bringing 48 apartments including 10 affordable units and ground-floor retail space reserved for Black-owned businesses to the heart of the Crenshaw corridor.

What makes this project special isn't just the building — it's also its story as the 1st Black-, woman-, and locally-owned development in LA's Crenshaw district. The Clark family has owned this land since 1995, when matriarch Lucretia Clark bought the building she had spent years running her hair salon out of. Between the design plans and sitting steps from the Metro K Line, it’s a true anchor for the neighborhood's future. Scottie sat down with the owners to hear the full story — the vision, the challenges of raising capital in South LA, and what it means to build generational wealth on the block where you grew up.

On this episode of “Scottie & FRNDS,” Scottie chops it up with Compton-raised artist WallieTheSensei for a candid, unfiltered, and unexpectedly philosophical conversation about purpose, pain, and making it out. Wallie breaks down his journey from being “too hood for the nerds and too smart for the dummies” to signing with Cactus Jack, working with giants like Kendrick Lamar, Future, Travis Scott, and Roddy Ricch, and realizing he’s only just getting started—with only two projects and one solo show under his belt so far.

They dive into why LA’s politics and lack of unity keep artists from winning together, how one relationship and a last‑minute decision to leave the hood put Wallie on tour with Future, and why he feels like music literally saved his life. Wallie opens up about losing close friends, moving out of state to grow up, being a father to three girls, and carrying the responsibility of breaking generational curses for his family.

In partnership with Live Nation, SBRBN is giving away tickets to see Ari Lennox at her “Vacancy” tour!! Join the new Club SBRBN for special access to this ticket exclusive, along with member-only content, early merch drops, discounts, freebies, and future ticket giveaways!

To win, you must be a part of Club SBRBN, Be sure to also comment your favorite Ari Lennox song and who your concert +1 will be on our Instagram. Winners will be announced on Friday, April 17th!

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