This is an urban myth - vacancy rates are historically low in CA - landlords have no incentive to keep places empty, they are not fools.
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It’s not an urban myth, it’s a fact. Landlords in the traditional sense don’t, private equity owners do. It’s called profit versus loss. Every vacant unit equals a write off. The days of mom and pop landlords are gone
aug 30, 2025, 10:42 pm • 1 0 • view
nope. Write offs are losses- there is no way that private equity benefits from writing off losses. I think that PE owns maybe 10% of rentals in US / much lower here in LA - do you have a cite?
aug 30, 2025, 10:48 pm • 0 0 • view
Yep, you’re one of YIMBY’s mouthpieces, I’ve seen the graphs before. It might work on corrupt planners but no sale here. Take your gentrification elsewhere
aug 30, 2025, 10:53 pm • 2 0 • view
aug 31, 2025, 12:20 am • 0 0 • view
The graphs are from FRED - that’s where you go to find any kind of data It’s a service of the St Louis Fed. Check out the price of corn over the decade…. I wasn’t radicalized by CA YIMBY - I spent some time in Valencia Spain - came home and gave away my car. Working for safe streets and density
aug 30, 2025, 10:58 pm • 0 0 • view
And now you want to blame people with houses because you chose to give away your car and work as an advocate? Sounds like a positive life choice but it comes with limitations that you have to weigh out while letting others live as they choose
aug 30, 2025, 11:02 pm • 1 0 • view
I think that we need to allow more density - so ppl in houses might get renters for neighbors. They are very organized against building housing. I think their fears are misplaced
aug 30, 2025, 11:04 pm • 0 0 • view
I think making better use of land for new development is the answer. If you plunk a 4 plex next to a home that someone worked their ass off to pay for, it’s going to generate friction
aug 30, 2025, 11:09 pm • 0 0 • view
I don’t think density is the answer. Everyone should have right to a little green patch, a glimpse of the sky and a tree here and there
aug 30, 2025, 11:07 pm • 4 0 • view
I feel you, and full disclosure I’m a homeowner… but I don’t think it works for big cities ! You just end up with insane traffic and car dependency.
aug 30, 2025, 11:09 pm • 1 0 • view
I’m not sure there ever will be an answer. California is the example of everything you shouldn’t do.
aug 30, 2025, 11:12 pm • 1 0 • view