FROM Dowell Myers
What aging millennials mean for downtown development As millennials get older and look to move out of small apartments, what does that mean for construction in downtown LA and elsewhere with housing shortages?
Mayor Villaraigosa Takes On Prop 13 The Mayor of Los Angeles is stepping all over what's long been called "the third rail of California politics," Proposition 13, which passed in 1978. Property taxes were on the rise, and people on fixed incomes were being taxed out of their homes. But Prop 13 didn't limit increases just for homeowners. It did so for business as well. Yesterday at the Sacramento Press Club, Antonio Villaraigosa called for change , a "split" tax roll, with different rules for homeowners than for business.
Census Figures Indicate Shift in the Political Landscape Since it became a state in 1850, California grew so fast that it gained congressional seats after every census. Not this time around. Growth just isn't the story any more, but the way the population is shifting. One major impact of census data will be on the reapportionment of legislative and congressional districts.
Voters May Change, but Prop 13 Remains the Same Today's electorate is very different from the one that passed Proposition 13 in 1978. But even though the voters have changed, it's still called the "third rail" of state politics, the one that means political death to any politician foolish enough to touch it.
California's Shifting Demography For 30 years, the United States has seen the rapid growth of immigration from foreign countries. Now, the US Census Bureau says the increase has come to an end . In California, immigration actually declined last year by almost 2%. Apparently it's all about the economy.
Are Immigrants The Cornerstone of the Housing Market? The slump in the housing market is a threat to the economy as a whole. What’s keeping the bottom from falling out is the increased purchasing power of immigrants. That’s according to a study by Harvard University’s Joint Center for Housing Studies, which says both legal and illegal immigrants are buying the low cost homes that keep values up, even in places like Beverly Hills.
Russian probe gets jolt from Yates and Clapper Senate hearing Intelligence officials have long since concluded that Russia interfered in last year's US election. After yesterday's Senate Judiciary Committee hearing, what more do we know about the threat to future elections and how it's being handled by the Trump Administration?
Will the GOP weather the storm with Trump or jump ship? Breitbart news claims that the GOP "establishment" has it's knives out" for President Trump, but Republicans in Congress are mostly supportive… at least in public. We look at whether that's likely to last.
Trump fires FBI Director James Comey Vice President Mike Pence took the Administration's lead today in explaining why the President fired the Head of the FBI, saying, "The president made the right decision at the right time." Trump's action is being compared to the so-called "Saturday Night Massacre" that led to President Richard Nixon's resignation in 1973.