RT @arpitrage: The word processor unleashed the regulatory state.

RT @AngelenoInsight: BREAKING: In California, building a single home can take 7 years and cost over $700,000 — before anyone moves in. Not….

RT @captgouda24: Until recently, the transmission of knowledge has been a total black box for economists. We are sure that there are positi….

RT @CA_Insider: LA’s mansion tax was supposed to fund affordable housing. But what if the way it’s structured is actually holding the city….

RT @JMGregorchuk: Finally, a city who's self aware about all their BS Fees and permits.

@InfillCouncil.

Yes, we are.

RT @Hilgard_Analyt: Our Founding Principal @JoshuaBaum93 was quoted in @business on how ICE raids are derailing LA’s recovery: “Fear spread….

RT @sdamico: This doesn’t save the planet, permitting solar and batteries does.

RT @tobyhardtospell: Why don’t we see this in California—compensating builders for mandatory low-income units with tax benefits?.

I got hit with a full-on allergy attack the day I sat down with @CA_Insider and @SiyamakKhorrami to talk Measure ULA. We got into the data—the actual impact to housing, jobs, and LA’s economy. The editors did a great job making it look like I was holding it together.

RT @CA_Insider: LA’s mansion tax was meant to fund homelessness programs by taxing high-value home sales. But it’s also affecting apartment….

RT @CSElmendorf: It's definitely worth thinking about ways that city & state can reduce the regulatory risks of private investment in renta….

RT @_lej44: “Don’t believe the hate from big-money real estate or their lies appearing all over the media,” Joe Donlin, director of United….

RT @DRand2024: Critics of ULA are not engaging in “hate” but rightfully probing the fundamental policy question - how many units has the ho….

RT @uscityplanner: @mottsmith @latimes They ran a story last week about SoCal home prices in Glendale and Lancaster but no one at LA Times….

But when good-faith critiques get dismissed as industry “lies”--and the @latimes parrots that framing--we’re not going to get more housing. Or more union jobs. Or better outcomes for low-income Angelenos.

The good news? It’s fixable. Legislators like @BuffyWicks are ready to help. Smart state legislation could preserve ULA as a funding source while fixing the fatal flaws that are blocking housing production and making the dollars so hard to spend.

So instead of leveraging other dollars, ULA is crowding them out. That’s extremely inefficient public spending.

This doesn’t mean ULA $ will never flow into projects. It just means that until there's a fix, ULA funding will likely have to be the only source of debt in a project--80–100% of total financing.