There is no shortage of housing in Los Angeles. If there\u2019s one, it is artificially created by landlords.<\/p>\n
All the talks about killing single family housing to build more is real estate talk about profiting more, and nothing else.<\/p>\n
BlackRock, a powerful hedge fund, is also buying buildings in Paris. They\u2019re buying everything, everywhere, not to house people \u2014this is what housing is for, mostly\u2014 but to make a giant profit or reap the benefits of streams of income. They can buy entire neighborhoods<\/em>, cash, immediately. That\u2019s unprecedented.<\/p>\n Affordable housing is a red flag at this point. When Ballmer announces $80M dedicated to affordable housing, it\u2019s complete bullshit: developers get the money, build a 50-apartment building with 2 of them being studios and being affordable. Technically, they offer affordable housing.<\/p>\n Parking permits are pure extortion. Etc.<\/p>\n Greed is the most despicable thing on earth. We\u2019ve got to fight this.<\/p>\n (and f the Olympics)<\/p>\n","protected":false},"excerpt":{"rendered":" There is no shortage of housing in Los Angeles. If there\u2019s one, it is artificially created by landlords. All the talks about killing single family housing to build more is real estate talk about profiting more, and nothing else. BlackRock, a powerful hedge fund, is also buying buildings in Paris. They\u2019re buying everything, everywhere, not […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/3557"}],"collection":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/comments?post=3557"}],"version-history":[{"count":1,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/3557\/revisions"}],"predecessor-version":[{"id":3558,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/posts\/3557\/revisions\/3558"}],"wp:attachment":[{"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/media?parent=3557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/categories?post=3557"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/har0ld.com\/playground\/wp-json\/wp\/v2\/tags?post=3557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}