Make LA More Affordable

Housing costs, regulatory burdens, energy policy, and taxation have combined to make California one of the most expensive places to live in America. This page examines rental cost data and the structural drivers behind government-induced unaffordability, and outlines a plan to reverse the trend.

Source: World Population Review — “Average Rent by State 2026,” as cited in Platform Detail v.1 Affordability 2.26.26.pdf

Housing.

Costs.

Relief.

Let’s Start With the Big One: Housing Costs

Let’s start with the big one: housing costs.

All of the ten states with the highest average rents (and the District of Columbia) are Democrat run. With the exceptions of MA, NH and HI, all have rent control laws.

While tenants are suffering in high rental cost Democrat-run cities and states, rental property owners are suffer as well. One of the most commonly used measurements for real estate investors is the gross rent multiplier (GRM).

Government-Induced Unaffordability

As the map shows, Democrat-run coastal cities, most of them with rent control, have the worst GRMs. Those hare the cities with the big blue spikes. Investors increasingly avoid investing in these cities. As the key shows, blue = least attractive, purple -= not quite as bad, red = average, orange = above average and yellow = most attractive. Almost all of the attractive markets are in R5epublican-run states, amny of which have more attractive average rental costs for tenants even though they don’t have rent control.

How can tenants be paying through the nose while their landlords can’t make a decent profit? One big reason is government-induced unaffordability. Special interest groups supporting Democrat politicians demand they follow their agendas. These agendas mean more regulations, hearings, and litigation that delays are dramatically raised the cost of building new housing.

Government-induced unaffordability creates more laws that increase gas prices. Higher gas prices means higher transportation costs, which raises the cost of just about everything we buy – food, clothing and all other consumer products. California regulatory legislation also has produced some of the highest utility costs in the nation. We’re also among the highest taxed people in America, which further contributes to unaffordability.

How Will I Fight To Improve Affordability?

The first thing that must happen: California voters unite to elect a Republican Governor and break the Democrat veto-proof supermajorities in the State Legislature.

There are currently 60 Democrat and 20 Republican members of the State Assembly. To break the supermajority we need to increase the number of Republicans to at least 27. In the State Senate the split is the same: 30 Democrats and 10 Republicans. We need to elect at least 14 Republican Senators. Numerically it’s less challenging, but as State Senators serve 4 instead of 2 year terms, only half will be running for reelection this year.

As Dr. Thomas Sowell has often said: “There are no solutions. There are only tradeoffs.” California voters have to decide which is more important: Making California more affordable or maintaining the high cost of its government and all of the regulatory controls it exerts over housing, the environment, businesses of all types and sizes, and the social justice goals which place a tremendous burden on every taxpayer? We can’t have our cake and eat it, too.

The problem with the second choice is it is not sustainable. Jobs and companies will keep leaving, making California even less affordable up to the point it collapses.

If a majority of voters choose the first option – making California more affordable – I will work with the Republicans and reasonable Democrats in the Assembly to:

1. Roll back regulatory legislation across the board.

2. Develop a plan based on the Texas model to lure companies and jobs back to California, and to keep the companies and job we still have.

3. Develop a plan to reduce the size of California’s state government, thereby reducing the state budget and the per capita tax burden on all Californians.

4. Repeal the new tax on gasoline and stop the plan to tax motorists for every mile they drive. Both are regressive taxes that cause the most harm to lower income Californians.

Restoring Affordability & Stability

Unaffordability is not accidental. It is the result of policy choices.

If we want lower housing costs, lower energy prices, and a reduced tax burden, we must reform the regulations and spending habits that created this problem.

Affordability requires discipline, competitiveness, and accountability in Sacramento.

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Take Action: Select Michael Geraghty for AD51

Serious Problems Require Serious Leadership

If you believe Los Angeles deserves practical reform, measurable outcomes, and leadership grounded in research and experience, I invite you to take the next step.

If you believe Los Angeles deserves practical reform, measurable outcomes, and leadership grounded in research and experience, I invite you to take the next step.

© Michael Geraghty AD51. 2026. All Rights Reserved.