Alex Weiss
@AlTayWeiss
Owner of a multifamily property management company in Los Angeles. A lot of units under management, some fishing posts and a mediocre golfer.
797 Following 4.2K Followers
Here’s a 65 unit building we manage, sitting empty while we wait for LADWP.
Without a Certificate of Occupancy, we cannot fill the units. The owners never underwrote five months of delays.
Los Angeles does not have a housing shortage. It has an overregulation problem, compounded by the most backward landlord/tenant laws in the country.
Placing disproportionate financial, administrative and legal risk on housing providers will not lower rents. It does the exact opposite.
Tenants, Los Angeles has failed you.
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