Mayor Sam's Morning Update
Attorney turned Mayoral candidate turned realtor Walter Moore has some interesting points on the housing market. Though 2005 prices were up over 2004, they've been flat for over six months now. This may have some impact on schemes to bring about massive amounts of "affordable housing." The market may provide the answer after all. Read Walter's piece at Mayor Sam 2.
High winds are attacking the Southland and more are coming. There exists the potential for property damage and its risky for anyone driving a high profile vehicle. Winds of nearly 60 - 70 MPH may hit the San Fernando Valley and mountain regions. Red Flag warnings have been issued, if you're in a Red Flag area you may want to check signage where you park your car.
Franklin Avenue is going ahead with hosting a "wake" for the now demolished Ambassador Hotel, in partnership with the L.A. Conservancy. Joe Mailander isn't going to be there - and is glad the Ambassador is gone - but you're welcome to attend if you RSVP. Details: February 2nd, 2006 at 7:00 p.m., HMS Bounty, 3355 Wilshire Blvd. RSVP to 310-858-2224.
And finally, a rare and interesting happening in Los Angeles - LA Observed's Kevin Roderick, Martini Republic's Joe Mailander and LA City Councilman Tom LaBonge in the same place at the same time. You can read more about it here.