The 800,000 undocumented immigrants in Los Angeles County are at the opposite end of the socioeconomic spectrum from the 1,900 employees at Snapchat. The fate of both populations have deep implications for L.A.'s housing crisis.
"Back when Snapchat was just a sketchy platform for kids to send, um, silly photos to each other, the fledgling company operated out of a cottage in Venice Beach. As it grew into a social media juggernaut, it didn't follow convention by renting space in a high rise or building a mega-campus in the suburbs. Instead, it colonized its own neighborhood, expanding from cottage to cottage, scooping up small office spaces, and oozing its way through Venice."
"Despite all pressure to the contrary, coastal cities and neighborhoods have refused to add housing. Los Angeles has done so in places, but housing supply on the Westside is growing at rates somewhere between 0 and negative-22 billion percent. Home prices are already bonkers. We can only imagine what will happen when the Snap folks get real money in their bank accounts."
"On the very same day that the New York Times reported on Snap’s impending riches, President Donald Trump announced his intention to fulfill his promise to aggressively deport undocumented immigrants."
"If it succeeds, 800,000 people in Los Angeles County could disappear like so many Snap messages. That’s 800,000 lost workers. 800,000 lost customers. 800,000 lost mothers, fathers, siblings and friends. 800,000 lost taxpayers. It’s also 800,000 bedrooms that will open up....I don’t want to say any more about it other than that deportation is — to say the least — the most perverse way to solve a housing crisis."
"The Snap IPO completes the process of turning Venice into a superstar neighborhood in a superstar city – which, as Richard Florida describes in The New Urban Crisis, is marked by inequality, unaffordability, segregation, and economic dysfunction. It’s also marked, I’d argue, by political apathy."
FULL STORY: Tech Windfall, Deportation Order Threaten to Snap Los Angeles in Half
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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Barrett Planning Group LLC
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