Results for ‘City government’ category

Responses to increasing rents

Here’s how housing works in LA: Lots of people want to come here because it’s beautiful and there is economic opportunity The population increases Insanely restrictive zoning prevents developers from building enough housing to accommodate population growth Responding to pressure from tenants, the city controls rents on most units (via the RSO) New-comers and residents

Why I’m voting against Measure S and you should, too

If you’ve been driving around LA for the past few months, you’ve seen tons of “Yes on S” advertising. Want to take a moment today to explain why I think Measure S is: Bad for the city; but Great for me Before getting into the argument, let’s review what Measure S actually is. Among other

Zoning and homelessness

Regular readers know homeless is a major interest / concern of mine. After all, our business model ends up raising rents and that unavoidably impacts housing affordability and, hence, homelessness. So it is with great interest that I am following the debate between LA County and Gov. Brown regarding whether or not the homeless situation

How do you make money flipping land?

For today’s post, I answered another Quora question: How do you make money flipping land? It’s not a very detailed question, but it raises some interesting issues around price volatility, holdings costs, and regulatory delays. Click here to read the whole answer. Meanwhile: I’m taking the boys up to Yosemite for the holiday weekend. Hope

How to get more affordable housing for free

Further to my last post, here’s a pretty bad idea being proposed to help with the homelessness problem in LA. To lazy to click? Basically, two council-members are proposing a ballot initiative to increase various fees paid by developers to pay for bond which would pay for $1Bn worth of housing for the homeless. Sounds like

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