UCLA’s Anderson School of Management
Senior lecturer in finance and real estate at UCLA’s Anderson School of Management
PROFILE
Eric Sussman
Guest
FROM Eric Sussman
Press Play with Madeleine Brand
Santa Monica Mostly Bans Airbnb Last night, the Santa Monica City Council banned most short-term rentals in a unanimous vote. That means no more renting out your house for the weekend, and no more taking apartments and flipping them into Airbnb rentals full-time. You can still rent a room in your house or apartment, but only if you’ll be on-site during the stay. Plus, you’ll have to get a special license and pay 14 percent tax on each stay. The Santa Monica regulations are the strictest in the region. We talk about Santa Monica’s decision and what it could mean for the bigger Airbnb picture.
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Press Play with Madeleine Brand
Gov. Jerry Brown: California and China will fight climate change together President Donald Trump reportedly wants the U.S. to withdraw from the Paris Climate Accord, and he’s expected to announce a decision soon. California Governor Jerry Brown heads to China to strengthen climate and clean energy ties.
Press Play with Madeleine Brand
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.
Press Play with Madeleine Brand
How do Trump supporters feel about the Paris Accord? Globally and around the U.S., there are strong opinions whether or not the Paris Climate Accord is a good idea. The American exit is either a horrifying abdication of American leadership or a forceful and long overdue statement about U.S. sovereignty.
Design and Architecture
Securing Public Spaces, Super Wealthy Asians Vehicles are increasingly being used as weapons, as seen in the London Bridge attack over the weekend and in New York’s Times Square last month. The Compton-based company Calpipe is designing security bollards to help make public spaces safer. And novelist Kevin Kwan satirizes the “crazy rich” Asian jet set and their luxurious tastes in his latest book, “Rich People Problems.”