mottsmith Profile
mottsmith

@mottsmith

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Co-Founder of Amped Kitchens (https://t.co/6JUCIk9meW). Adjunct professor of Real Estate Dev. at @USCprice. Board chair, @InfillCouncil. Personal account.

Los Angeles
Joined December 2008
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@mottsmith
mottsmith
18 hours
RT @arpitrage: The word processor unleashed the regulatory state.
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@mottsmith
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RT @AngelenoInsight: BREAKING: In California, building a single home can take 7 years and cost over $700,000 — before anyone moves in. Not….
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@mottsmith
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2 days
RT @captgouda24: Until recently, the transmission of knowledge has been a total black box for economists. We are sure that there are positi….
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@mottsmith
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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….
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@mottsmith
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2 days
RT @JMGregorchuk: Finally, a city who's self aware about all their BS Fees and permits.
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@mottsmith
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@mottsmith
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2 days
Yes, we are.
@trdsocal
The Real Deal California
6 days
CEQA liberation with no strings attached? Infill builders are delighted.
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@mottsmith
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2 days
RT @Hilgard_Analyt: Our Founding Principal @JoshuaBaum93 was quoted in @business on how ICE raids are derailing LA’s recovery: “Fear spread….
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@mottsmith
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2 days
RT @sdamico: This doesn’t save the planet, permitting solar and batteries does.
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@mottsmith
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3 days
RT @tobyhardtospell: Why don’t we see this in California—compensating builders for mandatory low-income units with tax benefits?.
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@mottsmith
mottsmith
4 days
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.
@CA_Insider
California Insider Show
4 days
@mottsmith How is LA's Mansion Tax Impacting Housing Development? | Mott Smith .
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@mottsmith
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4 days
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….
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@mottsmith
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4 days
RT @CSElmendorf: It's definitely worth thinking about ways that city & state can reduce the regulatory risks of private investment in renta….
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@mottsmith
mottsmith
6 days
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….
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@mottsmith
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6 days
RT @DRand2024: Critics of ULA are not engaging in “hate” but rightfully probing the fundamental policy question - how many units has the ho….
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@mottsmith
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6 days
RT @uscityplanner: @mottsmith @latimes They ran a story last week about SoCal home prices in Glendale and Lancaster but no one at LA Times….
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@mottsmith
mottsmith
7 days
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.
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@mottsmith
mottsmith
7 days
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.
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@mottsmith
mottsmith
7 days
So instead of leveraging other dollars, ULA is crowding them out. That’s extremely inefficient public spending.
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@mottsmith
mottsmith
7 days
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.
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