Housing
Blog
Office conversions can help address L.A.’s housing shortage
Even before the pandemic, such adaptive-reuse efforts were taking place. Lately it’s become more relevant given the escalation in housing costs along with low inventory across the residential marketplace. The Los Angeles wildfires also have provided impetus for this idea. It’s better for the environment when one doesn’t have to ...
Blog
Rent controls will slow rebuilding L.A. from the wildfires
The Wall Street Journal talked to Richard Green, director of the University of Southern California’s Lusk Center for Real Estate. Restrictions he mentioned were California Coastal Commission restraints and the California Environmental Quality Act (CEQA). And Proposition 13, the 1978 tax-limitation measure, left property as about the only area of ...
Blog
Read the latest from PRI's Free Cities Center
Read a sneak preview: Are urbanists right: Do cities subsidize the suburbs?
Urbanists often justify their anti-suburban policies based on a fairness issue. They argue that cities subsidize the suburbs and this shift of resources robs cities of their tax revenues and that leads to a decline in their quality of life. It’s odd for a movement that eagerly supports public subsidies ...
Business & Economics
Housing Unaffordability Is A Policy Choice Not A Technology Problem
Trying to deflect the blame for the growing problem of housing affordability, politicians across the country are channeling their inner Captain Louis Renault and “rounding up the usual suspects”. In this case, the usual suspects are property landlords using algorithmic software to better understand the local market dynamics. Read the ...
California
Joe Kent – Lessons from Maui as LA Begins to Rebuild
This week, Joe Kent of the Grassroot Institute of Hawaii joins us to share lessons learned from the Aloha State’s experience in rebuilding after the devastating Maui wildfires from a few years ago. It’s a conversation everyone who has been affected by the wildfires should listen to, especially as leaders ...
Blog
SmartLA is a not-so-bright way to rebuild Los Angeles
There are rumors that the fires were deliberately started so planners could rebuild under the SmartLA 2028 strategy. Let’s dismiss this conspiracy theory right now. No serious person believes it. But that’s not to say that officials won’t demand that the renewal of the burned-out sections fit their definition of a “smart ...
Blog
Consumer-protection edicts will only slow LA recovery
Consumer-protection edicts will only slow LA recovery by Steven Greenhut | January 31, 2025 A week doesn’t go by that I don’t get at least one unsolicited offer for my property, typically from investors who don’t use a company name or last name. They often claim to have driven by the house ...
Blog
Read the latest from PRI's Free Cities Center
Six ways Trump administration will change urban policy
The following policy possibilities have been derived largely from Trump’s statements. Housing. “We’re going to open up tracks of federal land for housing construction,” the real estate magnate announced on Aug. 15 at a news conference. “We desperately need housing for people who can’t afford what’s going on now.” He ...
Blog
Read the latest from PRI's Free Cities Center
Los Angeles’ rezoning plan is too little, too late
The Citywide Housing Incentive Program mainly eases regulations in high-density residential neighborhoods and commercial corridors. According to City News Service, “The ordinance is aimed at encouraging developers to build more affordable housing units in exchange for certain breaks on their projects, such as heights and parking regulations.” It provides further ...
Blog
Read the latest from PRI's Free Cities Center
The market, not politics, should drive office conversions
At least everyone agrees there’s a problem. Americans’ preference for commute-free employment has yielded a surfeit of office vacancy. The phenomenon is a calamity for lessors plagued by plummeting income. Earlier this month, The Seattle Times reported that one of the city’s “most aggressive, and tenacious, developers” has “defaulted on a $240 million loan ...
Office conversions can help address L.A.’s housing shortage
Even before the pandemic, such adaptive-reuse efforts were taking place. Lately it’s become more relevant given the escalation in housing costs along with low inventory across the residential marketplace. The Los Angeles wildfires also have provided impetus for this idea. It’s better for the environment when one doesn’t have to ...
Rent controls will slow rebuilding L.A. from the wildfires
The Wall Street Journal talked to Richard Green, director of the University of Southern California’s Lusk Center for Real Estate. Restrictions he mentioned were California Coastal Commission restraints and the California Environmental Quality Act (CEQA). And Proposition 13, the 1978 tax-limitation measure, left property as about the only area of ...
Read the latest from PRI's Free Cities Center
Read a sneak preview: Are urbanists right: Do cities subsidize the suburbs?
Urbanists often justify their anti-suburban policies based on a fairness issue. They argue that cities subsidize the suburbs and this shift of resources robs cities of their tax revenues and that leads to a decline in their quality of life. It’s odd for a movement that eagerly supports public subsidies ...
Housing Unaffordability Is A Policy Choice Not A Technology Problem
Trying to deflect the blame for the growing problem of housing affordability, politicians across the country are channeling their inner Captain Louis Renault and “rounding up the usual suspects”. In this case, the usual suspects are property landlords using algorithmic software to better understand the local market dynamics. Read the ...
Joe Kent – Lessons from Maui as LA Begins to Rebuild
This week, Joe Kent of the Grassroot Institute of Hawaii joins us to share lessons learned from the Aloha State’s experience in rebuilding after the devastating Maui wildfires from a few years ago. It’s a conversation everyone who has been affected by the wildfires should listen to, especially as leaders ...
SmartLA is a not-so-bright way to rebuild Los Angeles
There are rumors that the fires were deliberately started so planners could rebuild under the SmartLA 2028 strategy. Let’s dismiss this conspiracy theory right now. No serious person believes it. But that’s not to say that officials won’t demand that the renewal of the burned-out sections fit their definition of a “smart ...
Consumer-protection edicts will only slow LA recovery
Consumer-protection edicts will only slow LA recovery by Steven Greenhut | January 31, 2025 A week doesn’t go by that I don’t get at least one unsolicited offer for my property, typically from investors who don’t use a company name or last name. They often claim to have driven by the house ...
Read the latest from PRI's Free Cities Center
Six ways Trump administration will change urban policy
The following policy possibilities have been derived largely from Trump’s statements. Housing. “We’re going to open up tracks of federal land for housing construction,” the real estate magnate announced on Aug. 15 at a news conference. “We desperately need housing for people who can’t afford what’s going on now.” He ...
Read the latest from PRI's Free Cities Center
Los Angeles’ rezoning plan is too little, too late
The Citywide Housing Incentive Program mainly eases regulations in high-density residential neighborhoods and commercial corridors. According to City News Service, “The ordinance is aimed at encouraging developers to build more affordable housing units in exchange for certain breaks on their projects, such as heights and parking regulations.” It provides further ...
Read the latest from PRI's Free Cities Center
The market, not politics, should drive office conversions
At least everyone agrees there’s a problem. Americans’ preference for commute-free employment has yielded a surfeit of office vacancy. The phenomenon is a calamity for lessors plagued by plummeting income. Earlier this month, The Seattle Times reported that one of the city’s “most aggressive, and tenacious, developers” has “defaulted on a $240 million loan ...
