The house on the right was demolished last year to build a 3,500 sf mansion + ADU
The house on the left just filed plans to be replaced with five starter homes under SB 1123
CA state housing laws are delivering results.
Hundreds of people with $3-5 million homes in the second most expensive city in the hemisphere gather to put a stop to “greedy developers” building a tower with hundreds of $1.5 million “luxury condos” that will each pay 5x more property tax than them.
@_lej44@JohnGonzalesLA1 Exactly right. It happens often and is incredibly annoying. Like sure let’s get rid of the only neighborhood grocery store and force owner to turn it into apartments because they couldn’t get it leased for a year.
Your lawyers have an away message up and are on holiday until September.
Our lawyers work so hard we have 45% clinical depression.
Trust me, you don’t want this fight.
Let’s imagine I’m a low-income homeowner in Altadena. My home value (and replacement cost) have soared since I bought in 1995, and I’m now underinsured + unable to rebuild after the fires took everything.
This bill takes the 2 options I have left- and f’s me on both. 1/x
I’m not sure anything encapsulates LA and the Would Cup more than the conga line going around this brewery, celebrating Mexico’s defeat of Korea, being led by a Korean guy
People that know me in the sphere of land use, real estate, and building policy know that I am from that business, but am also one that is much more supportive of things like rent stabilization, true Affordable Housing creation, tenant protection etc, etc. I am also the Land Use Chair of two large constituent organizations and have ongoing discussions with the pro and anti groups as well as the public in meetings.
This is a TERRIBLE decision. It’s just wrong on multiple levels. First, while there’s reason to carefully look at the data presented by both polar groups, it’s possible to do a reasonably accurate look. Almost surely, an answer that is both a solution to the obvious unforeseen effect of ULA, and a politically viable approach, is a middle ground. While another two years of data might make for a bigger sample size/duration, I don’t think that a reasonable deliberation could support the fact that along multiple aspects within ULA, it needs reform.
It’s dropping the ball to get to a point where Council decides that it can’t accomplish this. Some analysis was needed, and it could have been done over the course of a few months. Kicking the can continues the unaddressed consequences of the measure on the local housing economy, and some less than ideal expenditure practices. Beyond that, sitting on hands and kicking the can clearly increases the chance that the Howard Jarvis measure passes and that result is even worse. ULA itself will get nuked And other municipal gets put at high risk.
Not getting ANYTHING on the ballot is both a disservice and additional risk to the city.
LA Council Committee reviewing the city's mansion tax/Measure ULA decides NOT to recommend a November ballot measure to make changes. Chair @YsabelJuradoLA says it's too early to evaluate the tax's long-term effects.
Los Angeles is tired of being beaten down, ignored, and told to think smaller.
We are the west coast metropolis —and it’s past time we claimed that crown.
Not the Bay. Not SD. LA is the future: the metropolis of the 21st century.
Let’s build it. We deserve it.
This would be big. LA’s unofficial policy that you need to use all the incentives prior to using waivers is also silly to me (and something I’ve pushed back on). If a waiver makes sense why not use it.
The City of LA is one of the few remaining jurisdictions that continues to maintain density bonus waivers are discretionary actions that triggers CEQA. AB2243 would slam that door shut resulting in many more LA density bonus and CHIP projects having to be processed by right.