To the editor: The article alleging a growth slowdown oversimplified L.A.’s actual property market (“Why L.A. developers aren’t building more apartments, despite epic housing shortage,” Sept. 22). First, some metrics present rising exercise: In accordance with CoStar information, multifamily construction starts surged within the first quarter of 2026 to a degree larger than 90% of the quarters going again a full decade.
Second, Measure ULA doesn’t have an effect on all housing builders. A report issued by actual property advisory consultancy BAE City Economics showed that it has no impact on the feasibility of most residential tasks. Developer Tommy Beadel of Thomas James and HVN, asked if his firm was affected by Measure ULA, defined: “We’re not a service provider builder. We develop to personal, and we capitalize the offers as such. So we’re not nervous about ULA.”
As indicated by employees author Jack Flemming, L.A. could make growth simpler by addressing smooth prices and allowing complexity. This is able to assist nonprofit, for-profit, service provider and build-and-hold builders alike, and doesn’t require slashing our inexpensive housing fund, Measure ULA.
Joe Donlin, Los Angeles
This author is director of the United to Home LA coalition, which drafted and sponsored Measure ULA.
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To the editor: On Monday, for-profit builders complained to the Los Angeles Occasions that rents are falling and Measure ULA makes it arduous to revenue from constructing in Los Angeles.
On Tuesday, the Los Angeles Metropolis Council superior a record-breaking $466-million inexpensive housing fund, principally from Measure ULA (“L.A. approves $466 million in affordable housing spending, the largest pool ever,” Sept. 23).
The purpose of the housing market is to create properties for individuals who want them — to not defend traders’ income. Tuesday’s vote exhibits that now could be the proper time to create or purchase these properties.
Sale costs have fallen 30%? Feels like a superb time to make use of Measure ULA funds to purchase flats and make them completely inexpensive. New development slowing as a result of income have shrunk? Let nonprofit builders step in, utilizing steadily rising Measure ULA revenues.
Market conservatives usually say “there is no such thing as a various” to counting on income to ship social items, however Los Angeles voted in a sound various within the now-nearly $1.4-billion Measure ULA.
Carla de Paz, Los Angeles
This author is government director of Group Energy Collective, a company that works with low-income renters to win financial and social justice.
