I don’t post about permit friction to complain. I post because the real driver of high housing costs isn’t BlackRock buying homes, it’s a permitting system that burns months, bleeds families, and chokes supply.
Most people never touch the process. They only feel the downstream pain in home prices and high rents.
Los Angeles is one of the hardest places in the country to get a permit, and we at @coverbuild get them about 2x faster than the city median. We had to build a process that beats the bureaucracy.
Housing gets cheaper when the system gets competent. Right now, it isn’t. The more people who understand the problem, and hold leaders accountable, the more likely it is to change.
I post about regulatory friction because sunlight works. Sometimes my posts get seen by the people who can fix them. And occasionally, they do.
@davegordon14@jayparsons@BillMelugin_ time to shine a light on this rental price gouging across LA since Friday 1/10? Dozens of instances of 30%+ increases in plain view on Zillow.
@davegordon14@jayparsons Sadly I think you’ve only spoken to the good ones. Check Zillow and look at the number of owners / managers who have increased rents across West LA, South Bay, etc. (literally dozens already)
@MagicEden after connecting my ME and Phantom (Solana) wallets it still says “No linked wallets” (and when I re-link it says “wallet already linked”). What should I do?
@dieworkwear Sir, would love for you to a post on how to think about sartorial options for a groom for a 3 day wedding event (in Italy in a June) — Friday evening cocktail party (is this an occasion for a velvet dinner jacket?), wedding day, and a Sunday post-wedding brunch (linen suit?). 🙏