Why $500,000 Per Door Is Breaking LA Housing

Why $500,000 Per Door Is Breaking LA Housing

From LIFE WITH MIKEY by Mikey Taylor

May 12, 2026 · 50 min

About this episode

Sara Hernandez discusses the challenges facing LA's housing market and the implications of recent legislative changes.

This week, LA land use attorney and California State Senate candidate Sara Hernandez sits down to break down Executive Directive 1, why banks have stopped lending on multifamily projects, and the math behind why rent doesn’t seem to be dropping anytime soon. Mikey and Michael lay out the 3 milestones most real estate development projects must navigate. If you’re trying to understand LA real estate, the housing crisis, or why some capital is leaving California, this conversation is the breakdown. What you’ll learn Why LA feels “redlined” for new multifamily development The 3-milestone framework every developer should know Why 1 in 5 LA community college students are “homeless” The 26th District State Senate race and what’s at stake This content is for informational purposes only, is not offered as investment advice and should not This content is for informational purposes only, is not offered as investment advice and should not be deemed as investment advice, and reflects the opinions and projections of COMMUNE as of the date of publication, which are subject to change without notice at any time subsequent to the date of issue. COMMUNE does not represent or warrant that the…

People in this episode

Host: Mikey Taylor

Guest: Sara Hernandez

Topics covered

  • LA housing crisis
  • real estate development
  • multifamily projects
  • bank lending
  • community college homelessness
  • California State Senate race

Keywords

  • LA housing
  • real estate
  • multifamily development
  • housing crisis
  • California Senate
  • bank lending
  • community college
  • homelessness

Mentioned in this episode

Organizations: California State Senate, COMMUNE

Places: LA, California

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