September 28, 2020 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West Los Angeles

Worst Housing Bills Fail; Solution via Market Forces Now Possible

By Tom Elias, Columnist

Evidence keeps mounting that California’s longtime housing shortage can be solved by market forces set loose by the lifestyle and workplace changes created by the coronavirus pandemic.

Now the failure of the worst parts of a sweeping housing package in the state Legislature leaves the path clear for those market forces to work themselves out. Had the most wide-ranging of the bills passed, there could have been far less motivation for developers and local governments to heed the accelerating non-political forces.

Potential housing effects of the viral crisis became noticeable almost immediately after “shelter-at-home” orders first came from county governments in the San Francisco Bay area, quickly followed by similar statewide decrees by Gov. Gavin Newsom.

White collar workers for companies large and small were suddenly ordered to work from home, as companies from Internet giants like Twitter and Facebook to law firms, insurance companies, stock brokerages and many more provided technology for workers to work wherever they like.

Soon, television broadcasters were shown in living rooms and backyards viewers had never before seen.

Vacancy signs proliferated in the densest of business districts from San Francisco to Santa Monica to Fresno, San Diego, Orange County and beyond. Said a stock brokerage vice president in Pasadena, “We spent $2 million over the last two years refurbishing our offices to accommodate more than 100 workers. Now we get five people a day working there. We don’t need all that space. Our people are as productive as ever; they’re just not in the office very often.”

Realtors report record levels of vacancies, but a building boom propelled by previous state demands for more and more mixed-use office and commercial buildings has continued.

As empty space appeared within existing buildings, spurred strictly by non-political events, state lawmakers kept pushing the most ambitious housing construction plan the Legislature ever saw.

Pushed by Democrats like San Francisco state Sen. Scott Wiener, Senate President Pro Tem Toni Atkins of San Diego and Santa Monica Assemblyman Richard Bloom, this package included SB 902, allowing up to 10 units on any lot zoned for a single home; two other bills allowing developers to build more high-end units on one site if they constructed enough affordable ones on others; a fourth letting city councils overturn without a new popular vote all height-limit laws passed by local voters – and much more.

But the 10-unit bill died in a committee, along with the prospect of developers trolling established low-rise neighborhoods with fat bankrolls to tempt homeowners sitting on large amounts of equity. So did several other major proposals in the package.

If the lawmakers behind these measures paid any heed to what’s going on in their own districts, they might not have proposed these things, despite the strong support they quite predictably got from developers and building trade unions.

For Twitter’s building in Wiener’s district now stands mostly empty. Office towers in Atkins’ San Diego district are nowhere near filled and “for-lease” signs abound in downtown Santa Monica, barely a mile from Bloom’s home.

These empty spaces and many more like them will likely produce more than 1 billion vacant square feet that can be turned into apartments and condominiums in all price ranges with far less work, in far less time and with far fewer lawsuits to fight them than pushing for new construction. Building trades workers will be kept busy doing the electric, plumbing, elevator, carpentry and drywall work needed to convert commercial space into residences. Established neighborhoods will remain intact.

Yes, it will take some rezoning to accomplish this. But those changes are inevitable: cities and counties would otherwise stand to lose large amounts of property tax money as massive vacancies reduce the value of commercial buildings.

If legislators are really interested in solving the housing problem, and not merely in self-aggrandizement or feathering the nests of their campaign donors, they will leave well enough alone, allowing the market forces to play out over the next two to three years. That way, California will see the millions of new housing units it needs far faster than it could have under any of the failed new laws.

Email Thomas Elias at [email protected] His book, “The Burzynski Breakthrough, The Most Promising Cancer Treatment and the Government’s Campaign to Squelch It” is now available in a soft cover fourth edition. For more Elias columns, visit www.californiafocus.net

Related Posts

Westfield Files Federal Class-Action Lawsuit to Reopen Indoor Malls

September 27, 2020

September 27, 2020

Federal class-action lawsuit filed against Los Angeles County By Toi Creel The company behind Westfield Culver City has filed a...

Edify TV: Trident Center Redevelopment

September 25, 2020

September 25, 2020

The Westside’s Trident Center is getting a major overhaul and new name as part of a flurry of development in...

Selling Your Home? Tips to Increase Property Value.

September 25, 2020

September 25, 2020

Today on Westside Cribz, Kathy Griffin is selling her Bel Air estate, How to increase your home’s value, and Local...

Edify TV: Boulders Blocking Westside Encampment Removed

September 24, 2020

September 24, 2020

City officials recently removed boulders placed on sidewalks by some Westside residents to prevent the formation of a homeless encampment....

Stabbing Suspect At Large Police Seek Publics Help: Culver City Beat – September, 24, 2020

September 24, 2020

September 24, 2020

Local news and culture in under 5 minutes. * Stabbing Suspect At Large Police Seek Publics Help * Increases In...

Edify TV: Al Fresco Program Ending?

September 24, 2020

September 24, 2020

During a COVID-19 pandemic many restaurants have found aid through the City of Los Angeles’ Al Fresco dining program, but...

As County Breweries Say They Have Been Unfairly Shuttered Lawmakers Pass Grant Program

September 24, 2020

September 24, 2020

$10 million grant program approved by Board of Supervisors  By Sam Catanzaro Will a $10 million grant program be enough...

Trio of Popular Restaurants Coming to Marina del Rey

September 23, 2020

September 23, 2020

Marina del Rey getting HiHo Cheeseburger, KazuNori and UOVO By Kerry Slater A trio of popular restaurants is coming to...

Burglary Suspect Makes Entry Into Occupied Culver City Residence

September 22, 2020

September 22, 2020

Man enters Culver City home, confronted by residents By Chad Winthrop Culver City police arrested this week a burglary suspect...

Smoke From Wildfires Making You Sick?

September 22, 2020

September 22, 2020

UCLA pulmonologist on how people can tell if the wildfires are making them sick By Toi Creel Even if you...

Culver City Officials Threaten to Close Skatepark if Face Coverings Are Not Worn

September 22, 2020

September 22, 2020

Officials post additional notices at skatepark  By Chad Winthrop Culver City health officials are threatening to close the city’s skatepark...

Will County See Another Surge in COVID-19 Cases?

September 22, 2020

September 22, 2020

County health officials keeping close eye on data this week By Sam Catanzaro Los Angeles County health officials are monitoring...

Firefighters Extinguish Building Fire In Palms: Culver City Beat – September, 21, 2020

September 21, 2020

September 21, 2020

Local news and culture in under 5 minutes. * Firefighters Extinguish Palms Building Fire * Bobcat Fire Reaches Historical Size...

Shots Fired and Live Ammo Found at Culver City Park

September 21, 2020

September 21, 2020

No victims reported by police By Sam Catanzaro Police found spent shells and live ammunition following reports of shots fired...

Culver City Hotel Stabbing Leaves Victim ‘Bleeding Profusely’

September 21, 2020

September 21, 2020

Suspect at-large, victim in critical condition following Friday incident at Culver City DoubleTree By Sam Catanzaro A suspect remains at-large...

Comments
Leave a Reply

Your email address will not be published. Required fields are marked *