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Take the Polar Bear Plunge in Santa Monica, head to a comedy show, watch a movie on a rooftop and more of the best things to do this weekend.cold plunge? Start your year with fellow polar bears at the Annenberg Community Beach House and take a group jump into the Pacific.
at the Wende Museum on Sunday and The Brick on Monday span the masterworks of legendary American composer Morton Feldman. We’re continuing with our staff L.A. resolutions, and Associate Editor Anthony Schneck has on his list some old and new adventures for 2026. First, it’s to have a martini at Musso and Frank , then it’s a trip to a Grand Ole Echo night at The Echo for some country music vibes. Later in the year, he’s excited to watch World Cup matches at the boisterous fan villages. Senior K-12 education reporter Mariana Dale is trying not to take our beautiful landscape for granted this year; she hopes to spot an octopus at the tidepools after lucking out seeing a bat star and a colorful nudibranch during the last king tide at White Point tidepools in San Pedro. She also plans a valiant return to Eaton Canyon once the damaged trails begin to reopen.have tons of new music on their 2026 to-do list; this weekend, Mike Garson wraps up this three-night Bowie tribute residency at the Sun Rose with a rotating cast of all-stars, including Billy Corgan, Chad Smith, Jake Wesley Rogers, Judith Hill, Luke Spiller and Licorice Pizza’s own all-star Carmine Rojas. Friday and Saturday, Galantis play the Hollywood Palladium, and on Saturday there’s another big benefit show at the Shrine, Artists For Aid, to raise funds for those affected by the ongoing crises in Sudan and Palestine. Also on Saturday, you could also check out Unwritten Law at the Teragram Ballroom, orDena United is hosting this all-day festival at Altadena’s historic Zorthian Ranch to celebrate the community’s diverse culture and commemorate one year since the devastating Eaton Fire. Expect to see a wide range of performances from acts including Bobby Bradford, Dwight Trible, Baba Onochie Chukwurah & the Rhythms of the Village Family Band, the Pan Afrikan Peoples Arkestra, Earthseed Band and the Whispering Giants with MCs Medusa and Myka 9.cold plunge? Start your year with fellow polar bears at the Annenberg Community Beach House and take a group jump into the Pacific, followed by a 300-yard swim out and back to warm up for those with a little more stamina. Brrr!Two special afternoons of concerts from Piano Spheres at the Wende Museum on Sunday and The Brick on Monday span the masterworks of legendary American composer Morton Feldman. The two days will feature works including. Special guests like Amy Williams, Conor Hanick and more will perform. On Monday, head to Melrose Hill to art space The Brick from 3 p.m. to 9 p.m. for a second set of music.The rainy weather seems to be taking a break, so take advantage and enjoy some eternal sunshine of your own at Rooftop Cinema Club’s Fireside Films. The modern classic, starring Kate Winslet and Jim Carrey, is a meditation on memory — and the setting is cozy, with outside heaters and a roaring fire. Tickets include a hot beverage.Santa Monica Conservancy hosts this walk along historic Main Street and through the vibrant Ocean Park neighborhood, led by street historian and author of the award-winning blog The Street Seen, Mark Gorman. Miss this week? The SMC leads tours every second Saturday of each month.There’s no more unique place in L.A. than the Velaslavasay Panorama, and filmmaker Zoe Beloff will be there in person to debut two new films at the space,. The first looks at the history of New York’s Lower East Side through its community gardens, told through the text of a Franz Kafka short story; the second centers on a silent movie theater and storefront cinema in early 20th-century New York City.Keep the holiday celebrations going with this Ukrainian Christmas Dinner — the Schedriy Vechir Holiday Gala — celebrating the resilience of the Ukrainian people in this challenging time. The fundraising event includes performances from the Kobzar Choir, KOLO Choir of St. Volodymyr’s Church, Blagovist Choir of St. Andrew’s Church, Vova Zi Lvova, Vsudy Svoya, Chervona Kalyna Dance Ensemble and more.If drinking less is on your January to-do list, you couldn’t pick a better place to start than Burden of Proof in South Pasadena. While other N.A. bars have closed in the past year , Burden of Proof is thriving, with a variety of events featuring local producers to help keep you on the straight and narrow for dry January and all year long., casting directors Cathy Sandrich Gelfond and Emma Berger say, was always showing the truth of working in an emergency department, which meant putting together a diverse cast.returns for a second season today. The Pitt centers around Dr. Michael Robinavitch played by Noah Wyle — probably best known for his 13 season run as a doctor on another medical drama, ER — and a large cast of other doctors, nurses, patients and hospital staff. The series has a unique format: a season spans just one day, with each episode representing an hour in the emergency room of a fictional Pittsburgh hospital. It’s been lauded for its authenticity , and then submitted five to eight of their favorites to the producers. Gelfond says considering and casting a lot of newcomers also contributed to the show’s authentic feel. “Part of why this worked is a lot of these people didn't know either, so they fell into the parts. You have no baggage and you have no expectations, and then they just suddenly become the character.”The directive for realness also led to a diverse cast, including a Filipino doctor and nurses who sometimes speak Tagalog, and multiple South Asian doctors. “At the end of the day, what we're trying to do is show the truth of who works in these hospitals,” casting director Gelfond says. “And guess what? There are more than two South Asians.” But it was something that Gelfond says surprised even the South Asian actresses cast on the show. Similar to whatactresses Supriya Ganesh and Shabana Azeez told the casting directors they thought, “There can’t be two of us.”Their assumption, rooted in their experiences auditioning for other roles, is also reflected in the data on casting in Hollywood.that focuses on streaming shows from 2024 found that among the most watched streaming comedies and dramas that year, 79.6 percent of lead actors were white. And while BIPOC actors “fared much better as co-leads than they did as leads,” they were still underrepresented as co-leads, filling only 29.7 percent of the roles in that year’s top streaming comedies and dramas. That’s despite continued evidence that shows with diverse casts get good ratings, and that rolling back representation gains comes with“We're fortunate that we can be open on a lot of parts the role goes to the person who gave the best performance, kind of regardless of anything else,” Berger says. “The climate hasn't changed what we're up to over here.”is a general assignment reporter. She covers the news that shapes Los Angeles and how people change the city in return.A year after L.A. went up in flames, survivors are looking to rebuild quickly and affordably. As just one person, the costs of rebuilding add up fast. But by pooling their purchasing power, neighborhoods — or what's left of them — are working together to curtail rebuilding costs.between what insurance will give and what it will actually cost to rebuild. Working together could be the difference that allows some people to return home.Jennifer Gray Thompson, who leads the advocacy organization After the Fire, said that since her group launched in 2017, she has seen communities in California, Colorado and elsewhere purchase goods and services together to bring costs down.Unlocking this type of coordination depends on a number of factors, including how tight-knit the recovering community is, how close together homes are, and how affluent the disaster zone is.If you need a new refrigerator, you go to a hardware store. But what if you need a thousand refrigerators? This is a math problem in the era of urban mega-fires. A year after L.A. went up in flames, survivors are looking to rebuild quickly and affordably. As just one person, the costs of rebuilding add up fast. But by pooling their purchasing power, neighborhoods — or what's left of them — are working together to curtail rebuilding costs. It turns out needing a thousand fridges could be a good issue to have. In Altadena, fire survivors are working together to buy things in bulk. And they're trying to find the most efficient and fair way to do it. " When you see that deal on the shelf: 'Buy four, get the fifth for 20% off,' all you have to do is consult your wallet," said Michael Tuccillo, whose home was damaged in the Eaton Fire."But when you're bulk purchasing, it becomes complicated because you have to make a choice that's right for the entire community." Morgan Whirledge first tried the group approach when he needed a land survey of his property. He's an Eaton Fire block captain, meaning he coordinates with neighbors and other block captains on all types of issues related to fire recovery. " If you're bringing out survey equipment to an area … why not knock out a few properties at the same time in one day, as opposed to coming out over and over again?" Whirledge said.This process allowed block captains like Whirledge to try out their negotiating skills — and understand the limits of their leverage. He made a deal for a handful of plots, including his own. "The surveyor we ended up with was saying, 'Hey, there's kind of a threshold where it stops being more economical for me,'" Whirledge said. It also revealed the challenges of making big financial decisions with other homeowners. Tuccillo scored a great deal for himself and two dozen neighbors: around $1,700 a lot for a land surveyor, compared to a one-off price of $5,000. But someone had to go first, and someone had to go last. " It took like two months, maybe three months for some of these people to get service, which is a big deal," said Tuccillo, who is also a block captain."And people were upset at me."Land surveying is simple compared to the decisions that lie ahead for most people rebuilding in Altadena and the Palisades.Working together could be the difference that allows some people to return home. Elizabeth Campbell has been thinking a lot about this problem. She negotiates bulk purchases for a living, and has worked as a buyer for companies like Saks Fifth Avenue and the North Face. When she lost her home in the Eaton Fire, she found a new arena for her expertise. "Asking a vendor for a discount is not always the best way to get the best price," she said."When you're purchasing a large amount of goods, you're thinking a little bit more broadly. Where are they manufacturing? Is it something that they need to manufacture six months in advance?" In the first year of recovery, a lot of these logistical questions were playing out on Discord and in WhatsApp groups. Seeking a bigger fix, some fire survivors have teamed up with David Lee, a software developer.— an online platform to help more people do group purchasing with less logistical and interpersonal hassle. The site is a wholesale marketplace for materials and services needed for rebuilding. Right now, a big goal is to get homeowners and vendors to sign up. " We try to line up homeowners and projects along three primary dimensions. One is geography. Two is chronology. What's the start date of your project and do the phases of your project line up with other homes? And then third is style of home," Lee said. Some homeowners in Altadena scored great deals with other neighbors to pay for things such as a land surveyor. The cost went from $5,000 for a one-off price for one property to $1,700 for two dozen neighbors each.That's the route Brad Sherwood took after losing his house in Santa Rosa to the Tubbs Fire in 2017. He quickly realized that his insurance payout wasn't enough for him and his wife to rebuild a custom home, and they started talking with neighbors about rebuilding together. In the end, Sherwood and around 20 other families in his neighborhood went in on the same builder: Stonefield Development of Orange County. "They allowed neighbors to get into different focus groups, and based on how many bedrooms you wanted or your lot size, they allowed you to develop a floor plan," he said."If we got enough people to do this particular floor plan, then we could do an assembly production of our homes. And that really benefited us in terms of construction costs, timeline, labor costs." Sherwood said initial estimates were $700 a square foot. By purchasing his home alongside his neighbors, he spent $400 a square foot. " The group buy was kind of like therapy in a way," Sherwood said."Because we all were doing this together, and you didn't feel alone or scared." Sherwood said custom finishes and small details made sure the neighborhood he returned to wasn't"cookie cutter" compared to the pre-fire hodgepodge of custom, older homes.Fire survivors in L.A. aren't the first to try out group purchasing after a large-scale disaster. Jennifer Gray Thompson, who leads the advocacy organization After the Fire, said that since her group launched in 2017, she has seen communities in California, Colorado and elsewhere purchase goods and services together to bring costs down. In Maui, where the Lahaina Fire destroyed thousands of homes in 2023, many residents need trusses — structures made of wood or steel that form the base of a roof. It's inefficient to order them separately, especially in a place as hard to reach as Maui. So Gray Thompson said community members are working on placing a bulk order. In Altadena, fire survivors are working together to buy things in bulk. And they're trying to find the most efficient and fair way to do it."Trusses are really hard to get on Maui," she said."So what you have to find is what in the market is the barrier, and then you can often unlock that barrier by group buying." But this type of coordination depends on a number of factors, including how tight-knit the recovering community is, how close together homes are, and how affluent the disaster zone is. The collective decision making seen after the Tubbs Fire in Santa Rosa was harder to pull off in more rural communities destroyed in the 2021 Dixie Fire in Northern California, according to Gray Thompson. People lived farther apart and were scattered to the winds after their town was destroyed. Still, she said, the idea that it's better to work together, as a community — the ethos of group purchasing — applies to all fire survivors. " Nobody can walk through this alone. It's an inefficient way to do it. It's not healthy — emotionally or financially or politically or socially," she said." All of rebuilding is a group project.”" If you are a survivor, being able to turn that corner from dread ... that's like a huge part of this effort," he said." We're all looking for those steps in this process that give us the resiliency and the optimism to carry forward." Wherever they may fall in the spectrum, engaging in the idea of group purchasing has given some fire survivors something that's in even shorter supply than building materials: hope.Check out LAist.com/FireFAQs to see if your question has already been answered. If not, submit your questions here, and we’ll do our best to get you an answer.If you're enjoying this article, you'll love our daily newsletter, The LA Report. Each weekday, catch up on the 5 most pressing stories to start your morning in 3 minutes or less.Coleen Sterritt had plans for her art practice and life in her community. She said that has been erased, and many of the people in her community do not plan to return.Fire survivors who received aid have ongoing needs beyond what those homegrown efforts have provided, and those who manage aid say more needs to be done to improve relief systems ahead of the next disaster.The Grief and Hope fund was intended to draw attention to the economics of working in culture and to the art workers who go unrecognized. It was among a number of initiatives to support artists and art workers after the fires; it raised approximately $1.6 million, much of that already distributed to 271 people.The most dominant response Grief and Hope’s organizers heard from aid recipients in a survey was their gratitude for “how little information and hoops we required people to jump through,” Pittman said. She pointed out “the number of people who were just like, ‘thank you for not asking me to quantify my suffering to receive support.’”“We need to have a sense of responsibility for each other,” Pittman said. And she thinks about how to get relief money to survivors immediately, Pittman said, “rather than making them fill out mountains of paperwork and drive all over town trying to get resources.” Pittman, owner and founder of the art gallery Official Welcome in Westlake, is among a group of five women art workers and artists — including Kathryn Andrews, Andrea Bowers, Olivia Gauthier, and Julia V. Hendrickson — who created the mutual aid fund Grief and Hope.. This collective action can build new social relationships but can also represent a shared understanding that existing relief systems often fail to help everyone. After the Palisades and Eaton fires a year ago, there was an outpouring of giving for artists and art workers who experienced loss. In small and large gestures, this aid created connection, served as recognition of this shared moment, and suggested new ways of relating to one another. But those who received aid have ongoing needs beyond what those homegrown efforts have provided, and those who manage aid told LAist that more needs to be done to improve relief systems ahead of the next disaster.The Grief and Hope fund was intended to draw attention to the economics of working in culture and to the art workers who go unrecognized. It was among a number ofto support artists and art workers after the fires; it raised approximately $1.6 million, much of that already distributed to 271 people. “I think we all had this shared sense too of just not wanting to see our art world disappear here. And that felt very prescient when the fires happened,” gallery director Gauthier said.found more than half of the artists reported being “somewhat or very worried” about being able to afford “food, housing, medical care, or utilities” and around 10% “juggled three or more jobs.” While some artists do well financially, Pittman said, she has seen art workers living on the edge: self-employed workers, underpaid gallery and museum employees, people who are underemployed or managing multiple jobs.The organizers of the mutual aid fund Grief and Hope. From left standing, clockwise: Olivia Gauthier; Ariel Pittman; Kathryn Andrews, Julia V. Hendrickson. Not pictured: Andrea Bowers.Grief and Hope’s organizers were already active in supporting artists before the fires, so it came naturally to continue to do so. They quickly set up a fiscal sponsor throughHendrickson, a small business owner of the arts agency Verge, checked applications for false information, but overall the group aimed to cut red tape — an example they hope The most dominant response Grief and Hope’s organizers heard from aid recipients in a survey was their gratitude for “how little information and hoops we required people to jump through,” Pittman said. She pointed out “the number of people who were just like, ‘thank you for not asking me to quantify my suffering to receive support.’”With its organizers bearing close ties to the community, Grief and Hope was also a hub for information, channeling requests from people wanting to help and sharing opportunities like temporary housing, access to studio space and free art supplies. In their efforts to distribute funding quickly, members of Grief and Hope recognized that they missed a lot of older people who weren’t on social media or connected to those that are. To remedy this, Grief and Hope organizers were able to distribute funding to those who were less online at a later date. I hope that the people who saw what we did would do the same for us, that there would be another group like this in the future, for the next thing that needs it, you know?Pittman said this is another reason why there needs to be data for those distributing resources after a disaster, so that resources could be brought to people, rather than people having to find them or rely on an algorithm to learn about them. Pittman said her group plans to make one more payment to applicants, but speaking for herself, she doesn’t see Grief and Hope being revived unless they’re uniquely situated to help. “I hope that the people who saw what we did would do the same for us, that there would be another group like this in the future, for the next thing that needs it, you know?” she said. And better data would mean future aid groups could get a head start. This group shares an understanding that with climate change, disasters will inevitably become more frequent. One of Pittman’s collaborators, Andrews, an artist and founder of the gender equality nonprofit Judith Center, has now lost her home twice . She recognized this is a unique opportunity where people can come together and think about a different future, on how to construct a community anew, but also how to prepare for a different disaster response. “I don't think a solution after the fact is the right approach because there's just not enough we can do. We need to reengineer it on the front end,” Andrews said. “And I think collectively we should make demands that the government does step up differently, that insurance performs differently.”Margaret Ross Griffith learned from her neighbor’s car camera that the Eaton Fire had made it to her Altadena home. She also lost her and her husband’s art studios, their art storage, and also the period of time, the “soft space” she called it, that her family of four shared before her eldest daughter would go off to college. “You're like, ‘I have to drive where?’” she recalled. “I mean, you're just in such a state of shock that driving anywhere is a hardship.” Margaret Griffith learned from her neighbor’s car camera that the Eaton Fire had made it to her Altadena home.Friends showed up for her and her family. At least two rented trucks to bring items to fill their empty rental home. One day five of her husband’s friends came with shovels and screen to remove and filter debris. The friends who took Griffith and her family in after the Eaton Fire said they could stay as long as they needed. It also helped that she could receive funds quickly from Grief and Hope. There were immediate costs to cover, including paying for a security deposit and rent for a place that cost twice as much as their mortgage. Even before having furniture for their rental, Griffith said with some amusement, she used aid from art groups to invest in a laser cutter. Griffith, an artist who makes intricate sculptures by cutting repeated patterns through metal and other materials, said it was an essential need for her art practice.At 72 years old, Coleen Sterritt had retired from teaching at a community college and had plans for her art practice and life in her community. She said that this has now been erased. The materials gathered for future projects have burned, along with her house and two art studios. The people in her former Altadena community who consider themselves too old to rebuild or who rented do not plan to return. “It was like one day you had your life and the next day you did not,” Sterritt said. “It was just gone.”After the Eaton Fire, Sterritt, her husband, and their two dogs have moved five times. She said it helps to be around people who understand what they went through. There is a sense of isolation among others, including family.Going to art galleries today is a reminder of the art she has lost: sculptural art in the last 15 years, and the works on paper that went back nearly 50 years, her notebooks, and her sketchbooks. Sterritt received mutual aid from a GoFundMe a former student created for her. Sterritt was initially reluctant, but was persuaded that the GoFundMe was a connection to others who wanted to give, regardless of how much someone could contribute. But as the one-year mark approached, she said she has noticed that the attention has begun to fade. Sterritt points out, for example, businesses that were so quick to offer discounts at the time of the fires, did not continue much past early 2025. By summertime, businesses appeared to have moved on, she said. Recovery has been a full-time job — between working to create an inventory of all that was lost and participating inSterritt misses having a studio and the privacy it affords. The loss of a physical place for an artist isn’t the same as it is for a person whose profession isn’t so tied to having a space for creativity, Sterritt said. And space in Los Angeles is hard to come by. Griffith, too, has found it challenging to make art since the fire. She said to do so, she needs to have three components — time, money and space. She recently was given access, however, to a temporary studio for her eight-week art residency with Arts at Blue Roof. There she seemed to relax. “There're no distractions here. I'm not, you know, dealing with the burdens of the house rebuild when I come into this room,” she said in an interview at her Blue Roof studio.She is not expecting her new home to be ready until 2027, so she hopes that organizations continue to offer studio space to those affected by the fires.Published January 7, 2026 5:04 PM Gov. Gavin Newsom outlines his proposed 2025-2026 state budget during a news conference at California State University, Stanislaus, in Turlock on Tuesday.In his final year in office, Gov. Gavin Newsom plans to go after large investors buying and owning California housing — in the same week that President Donald Trump also took rhetorical aim at Big Landlord.Newsom plans to say during his State of the State address to lawmakers on Thursday that he wants to work with them to regulate the practice of investors buying up large stocks of housing to rent out, forcing California residents to compete with them to afford buying a home, according to the governor’s office. Proposals could include “enhanced state oversight and enforcement and potential changes to the state tax code,” according to the governor’s office.. It’s an unlikely meeting of the minds of two political foes who, in a race to head off the electorate's concerns about affordability, have landed upon the same populist message: Blame Wall Street.In his final year in office, Gov. Gavin Newsom plans to go after large investors buying and owning California housing — in the same week that President Donald Trump also took rhetorical aim at Big Landlord. It’s an unlikely meeting of the minds of two political foes who, in a race to head off the electorate's concerns about affordability, have landed upon the same populist message: Blame Wall Street. Newsom plans to say during his State of the State address to lawmakers on Thursday that he wants to work with them to regulate the practice of investors buying up large stocks of housing to rent out, forcing California residents to compete with them to afford buying a home, according to the governor’s office. Proposals could include “enhanced state oversight and enforcement and potential changes to the state tax code,” according to the governor’s office. “When housing is treated primarily as a corporate investment strategy, Californians feel the impact,” a source in the office said. “Prices go up, rents rise, and fewer people have a chance to buy a home.”“I am immediately taking steps to ban large institutional investors from buying more single-family homes,” the president wrote, sending stock prices of major publicly traded residential investment firms plummeting. He urged Congress to put the proposal into law and promised to unveil additional housing policy proposals at the World Economic Forum summit in Davos, Switzerland later this month. Newsom is stopping short of calling for an outright ban on institutional investors’ ownership, though the source said he will seek to “curb” it with the goal of making home ownership more affordable for California residents. He hasn’t yet proposed anything concrete. Whatever Newsom seeks to do, he’ll need the approval of the state Legislature. Trump, for his part, did not offer any details about his proposal, such as how institutional investors would be defined under the proposed law or why he targeted single-family homes in particular. The White House’s press office did not respond to an email with those questions. The twin announcements come after years of long-shot efforts by California progressives to address a surge in companies buying up single-family housing stock in the wake of the Great Recession. The issue has been the subject of renewed anxiety in post-fire Los Angeles, where aby RedFin showed investors have purchased 27 of 61 burned vacant lots that sold in Altadena — more than 40%.this week, Newsom said he had signed an executive order last year seeking to protect homeowners who find it too expensive to rebuild from falling for “predatory” lowball offers for their properties. But he acknowledged “the broader market conditions are challenging.” The proposals mark new territory for Newsom’s housing affordability platform. The governor, now in his final year in office, has spent most of the past seven years focused onBlaming deep-pocketed investors for the nation’s housing woes has become an increasingly ideological-spanning exercise in recent years, with politicians as diverse as New York Rep. Shortly after Trump’s post, Republican Sen. Bernie Moreno of Ohio, an enthusiastic supporter of the president, promised to introduce legislation in his own“It’s really hard to buy a house right now so people are looking for someone to blame for that, but I think are more of a symptom of the affordability crisis than they are a perpetuator of it,” said Caitlin Gorback, a University of Texas at Austin economist who has studied investors’ effect on local real estate markets. Research on the topic is mixed, though most analyses have found that by taking owner-occupied homes and converting them into rentals, these companies tend to increase the supply of rentals. That puts downward pressure on rents, while taking away purchasable homes, leading to higher prices. Fewer than 3% of all single-family homes in the state are owned by companies that own at least 10 properties.That also takes away opportunities for would-be homeowners to buy a coveted single-family home. But even that comes with an under-appreciated upside, said Gorback: They provide more priced-out renters the opportunity to live in single-family homes — typically in wealthier, whiter and higher-resourced neighborhoods — something historically reserved for those who can afford to buy. While apartment buildings are commonly owned and managed by large financial companies, single-family rentals weren’t seen as Wall Street-worthy money-making opportunities until the aftermath of the Great Recession. Since then, companies like Invitation Homes, Blackstone, Progress Residential and AMH Homes have typically focused on markets with That doesn’t describe California. As a result, larger investors — however defined — make up a relatively small share of single-family landlords in the state. Fewer than 3% of all single-family homes in the state are owned by companies that own at least 10 properties, according to an analysis by the, which conducts research for state lawmakers. A mere 20,066 are owned by firms with portfolios of 1,000 units or more. The largest of those owners is Invitation Homes, which owns over 11,000 homes in the state andwith Attorney General Rob Bonta’s office last year over allegations it price-gouged tenants and illegally raised rents on more than 1,900 properties. Though attacking big monied investors for the high cost of housing is a “huge distraction,” it has obvious political appeal, said Stan Oklobdzija, a UC Riverside public policy professor. “Attacking institutional investors is the latest iteration of appearing to do something without actually doing anything. …It's just kind of archetypical cheap talk.” For nearly a decade, Democrats in the state Legislature have proposed bills to track or ban the practice. Former Gov. Jerry Brown in 2018 vetoed a bill to create a registry of institutional investors that own 100 or more single-family homes,In 2024, lawmakers proposed banning investors that own at least 1,000 single-family homes from buying more houses and renting them out, prohibiting institutional investors from buying single-family homes for any reason and banning developers from selling entire new single-family subdivisions to investors to rent. All three bills died in committees.Lee, a Democratic Socialist who has long critiqued the role of big money in the state's real estate market, said he was"flabbergasted" to find himself on the same page with Trump, whom he described as a"far-right fascist." Though he expressed doubts that the Trump administration would follow through with the promises the president made in his social media post, he said that"Democrats need to wake up to this populist, but righteous, position."
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