Thomas D. Elias: Housing bill redux: When will true believers learn?
THOMAS D. ELIAS Sign outside the Water Garden, a sprawling Santa Monica office complex: Space available â 360,000 square feet. Thatâs a lot of vacant space in a prime location just blocks from the Pacific Ocean that features 17 acres of modern six-story buildings, fountains and basketball courts, a luxury gym, hallways of Italian and Brazilian marble, restaurant and commercial spaces and more. But so far, no takers. Similar signs and no-taker situations no longer merely dot the streets of Los Angeles, San Francisco, San Diego and other centers of California commerce; the...