Elon Musk: “California used to be the land of opportunity, but it's becoming moreso the land of overregulation, overlitigation, overtaxation, and scorn."
I’m tired of hearing that Los Angeles has a housing “supply & demand” problem. That is the lazy answer.
There are currently over 13,000 units for rent under $2,500 in LA & 27,000 units all together.
Rents are unaffordable because owners are being forced to price in rising insurance, rising utilities, increased legal fees, unpaid rent, compliance costs, higher repair costs & nonstop regulations.
Council members & tenant rights groups have messed with the market factors. Rents will continue to rise until the market is freed back up.
I can fix the LA rental market in a week & the answer isn't to build more.
For the last 46 years, it has been my privilege to work alongside countless talented artists and crews to create these characters, stories, and films for you all.
I'm looking forward to seeing you at the movies! DIGGER. Only in theaters this October.
With this EXCLUSIVE poster for DIGGER, we officially have a trailer date for Tom Cruise and Alejandro G. Iñárritu’s comedy of catastrophic proportions. Trailer drops July 13, with the film only in theaters this October. Experience It In IMAX.
I would like to see you make a voluntary contribution of 5% of your family’s $200M net worth to the government for important healthcare, childcare, and jobs. Don’t worry, it’s just one-time. Your $10M contribution will provide free childcare for over 1,000 California kids for a year! Once you’ve made your personal contribution to a more just and equitable society, I’ll support all your other asset seizure ideas. But you gotta go first…