Ep 3 - Homelessness
Oct 9, 2026 · 6 min · 6 segments
In this episode, we discuss the homelessness issue in LA; its cause, some ideas for solutions, and more.
- Speakers
- Multifamily Owner GuestGuest
Nick MejerskiHostRoundtable Co-GuestGuest
Oct 9, 2026 · 6 min · 6 segments
In this episode, we discuss the homelessness issue in LA; its cause, some ideas for solutions, and more.
Nick MejerskiHostRoundtable Co-GuestGuestBut w- I said this to, uh, Gavin Newsom when he was running the first time, but I supported him, and I took him aside and said, "You better vote against Prop 10 or I want my 10,000 back."
[laughs]
But, um, uh, I said, "Has anybody ever studied how many homeless people in California are Californians?" And he said, "To be perfectly honest, we have looked at that, and there is a very large percentage of people who come to California and are on the streets because it's the only place y- Southern California is the only place you could actually live outside-"
Mm-hmm
"...
most of the year," 'cause we have the most agreeable climate.
What do you think it is, 30% out-of-staters?
I'd say 45.
50.
Yeah.
50.
Sounds about right.
Yeah.
Yeah.
Yeah.
Sounds about right.
Yeah
What I'm just saying is it's like, you know, it's like if, if you wanna live in certain areas, like, you know, we're about 97, 98% occupied.
We don't have any real vacancy issues on any of our existing, you know, performing older stuff, right? Uh, we just don't have any...
We don't give concession.
Rents go up.
But w- I said this to, uh, Gavin Newsom when he was running the first time, but I supported him, and I took him aside and said, "You better vote against Prop 10 or I want my 10,000 back."
[laughs]
But, um, uh, I said, "Has anybody ever studied how many homeless people in California are Californians?" And he said, "To be perfectly honest, we have looked at that, and there is a very large percentage of people who come to California and are on the streets because it's the only place y- Southern California is the only place you could actually live outside-"
Mm-hmm
"...
most of the year," 'cause we have the most agreeable climate.
What do you think it is, 30% out-of-staters?
I'd say 45.
50.
Yeah.
50.
Sounds about right.
Yeah.
Yeah.
Yeah.
Sounds about right.
Yeah
What I'm just saying is it's like, you know, it's like if, if you wanna live in certain areas, like, you know, we're about 97, 98% occupied.
We don't have any real vacancy issues on any of our existing, you know, performing older stuff, right? Uh, we just don't have any...
We don't give concession.
Rents go up.
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