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LA real estate leader sounds alarm as homelessness rises under Karen Bass

July 30, 2026 - 01:39

LA real estate leader sounds alarm as homelessness rises under Karen Bass

Alle pointed to what he sees as a disconnect between City Hall's policy announcements and the reality on the ground. He criticized the mayor's reliance on temporary solutions, such as hotel conversions and tiny home villages, rather than pushing for permanent supportive housing with strict accountability measures. The real estate leader also highlighted the economic toll, noting that rising homelessness is driving away businesses and tourists, which hurts the local tax base. "You can't just talk about compassion," Alle said. "You need a plan that actually moves people indoors and keeps the streets clean and safe for everyone." As the city grapples with record shelter waitlists, his comments reflect a growing frustration among business owners who feel the crisis is being managed, not solved.


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Inside the Markets Where Ultraluxury Real Estate Sets the Pace

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