Jill Replogle
covers public corruption, debates over our voting system, culture war battles — and more.
Published January 1, 2025 5:00 AM
Rove's new charging station in Santa Ana.
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Courtesy Rove
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LAist
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Topline:
Charging an electric vehicle in public often involves conditions that are less than ideal — like sitting in your car in an empty parking lot. Now some companies are trying to reimagine the experience.
Typical EV charging: To date, most public electric vehicle charging stations in the U.S. are little more than a cluster of chargers in a parking lot. Charging can take 20 minutes or more, but there’s often nowhere to wait except in the car, sometimes parked in the hot sun.
One new model: The company Rove recently opened a charging station off the I-5 in Santa Ana that includes a 24-hour indoor lounge with bathrooms, a car wash, and a Gelson’s mini market. They’re planning to open 10 similar stations in Southern California by 2026.
Is this the future of EV charging? Other companies are also trying to improve EV owners’ experience with public charging. Electrify America opened its first indoor charging station with a lounge in San Francisco in February. Tesla is building a charging station inHollywood that will include a diner and drive-in theater.
Charging an electric vehicle in Southern California often involves conditions that are less than ideal — like sitting in your hot (or cold) car in an empty parking lot. Now some companies are trying to reimagine the experience.
The company Rove recently opened a charging station off the 5 Freeway in Santa Ana that includes a 24-hour indoor lounge with bathrooms, a car wash, and a Gelson’s mini market. Kristi Ochoa, the company’s vice president of marketing, said the idea was borne out of company leaders’ own public charging woes.
“And then we just kept problem solving,” she said. “What were the challenges people were having where they were finding chargers that didn't work well? How do we fix that? And how do we make it easy to pay and how do we make them as fast as possible and how do we reduce the line?”
Thinking of buying an electric car or other zero emission vehicle?
These resources can get you started
The California Air Resources Board maintains a website — driveclean.ca.gov — with information including:
UC Davis’s Electric Vehicle Explorer app lets you plug in your home address and work or other address where you travel often to compare the annual cost of owning different electric vehicles versus a gas-powered vehicle.
Charging out and about
There are several apps that help drivers locate nearby chargers, regardless of which company owns the charger, and check whether they’re available.
Individual charging companies, like ElectrifyAmerica and EVgo, have their own apps. Some require you to set up an account in order to charge. Other chargers take credit or debit cards directly.
Pro tip: Tesla Supercharging stations now have some stalls with adaptors for EVs other than Teslas. More info on their website.
Charging at home
Electricity suppliers have their own rebates and other incentives for installing electric vehicle chargers, including for low-income residents, seniors, multi-family housing, and businesses. See what your provider offers:
California law requires landlords to allow renters to install an electric vehicle charger in their dedicated parking space, with some exceptions. The renter has to pay the costs of installation and electricity. More info:
Rove’s Santa Ana station has 40 fast chargers, and attendants who can help newbie EV drivers figure out how to charge and address problems onsite rather than via telephone, like at most other charging stations.
And they have smaller amenities that are gas station norms but usually absent from charging stations, like squeegees to clean your windshield. “They’re kind of an underrated piece,” Ochoa said.
This reporter’s charging woes
My family entered the brave new world of electric vehicle ownership when we bought a used Nissan Leaf in 2018. We were lucky — our landlord split the bill with us to install a Level 2 charger (a typical home or work charger that takes 4-10 hours to fully charge a vehicle) in the garage of our apartment.
It was mostly great. We could charge up overnight, get to work, where I could usually find an available charger nearby, and get home to charge again. We felt like we were saving money by not buying gas and doing our part to try and usher in a cleaner energy future.
But then we moved to a place where we couldn’t charge at home and our EV journey got significantly more complicated. Charging in the wild — aka, on the streets of Southern California, outside of home and/or work — could be exasperating. There were only a few charging stations within several miles of our home. The closest one, just a block away, only had one charger that we could use for our particular vehicle and it was almost always busy.
Sometimes, I’d check the charging company’s app (charging in the wild required us to have multiple apps for different companies, and a third app to find nearby charging stations), see that the charger was open, and rush over there only to find that someone had beat me to it.
Other times, chargers would be out of service — just when I desperately needed one. I once took my 9-year-old daughter to a movie on a rainy night, planning to charge at the parking garage adjacent to the theater while we watched the film. One of the garage’s two chargers was out of service and the other was busy.
The competition for a charge can be fierce.
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Justin Sullivan
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Getty Images
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After the movie, I found a charger at a nearby shopping center only to find that it was also out of service. It was now pouring and we wouldn’t make it home without charging. We finally begged a car dealership to let us use their only available Level 1 charger (the slowest) for enough time to get us home. I sat in the fogged-up car for 20 minutes trying to stay awake while my daughter dozed in the back.
We eventually gave up and sold our EV. I hope to try again when we can buy a car that gets more miles to the charge and when the public charging infrastructure for EVs, other than Tesla, is better developed. (The Tesla Supercharger network is already robust.)
More full service stations coming
The Rove-style station — if there were enough of them — seems like an answer to some of the problems we faced.
On a recent afternoon, Nick O’Malley and Caleb Ostgaard were lounging at an outdoor table at the Santa Ana station, waiting for O’Malley’s car to finish charging before heading back to L.A. O’Malley said he’d like to see more stations like Rove’s, “where it's less of just a random parking lot in the middle of nowhere.”
Tico Brown stopped at the Santa Ana station to charge up his new Tesla. “This is nice that I can grab something to eat real quick and then get back on the road,” he said.
Rove's EV charging station in Santa Ana has an indoor lounge, Gelson's mini market, and outdoor seating.
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Jill Replogle
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LAist
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Rove plans to open 10 similar stations in Southern California by 2026, including in Costa Mesa, Torrance, Long Beach, and Corona.
Other companies are also trying to improve EV owners’ experience with public charging. Electrify America opened its first indoor charging station with a lounge in San Francisco in February.
“I think that and the Rove model are a reflection of charging stations realizing we need to provide a better experience when it comes to charging,” said Lindsay Buckley, a spokesperson for the state Energy Commission.
Not to be outdone, Tesla is currently building a charging station in Hollywood that will include a diner and drive-in theater. And a new Tesla Super Charger station — with 112 fast chargers, a 7-Eleven, and a lounge — is expected to open in late 2025 near the Grapevine section of the I-5.
California’s big EV plans
The state has 10 years to reach its goal of having zero emission vehicles make up 100% of all new vehicles sold. The outgoing Biden administration approved California’s mandate to phase out gas-powered cars via a waiver from the U.S. Environmental Protection Agency. But the incoming Trump administration is likely to challenge the waiver in court.
Currently, about one in four new vehicles sold in California are zero emission.
The state also recently began tracking the number and distribution of EV charging stations. Currently, there are more than 152,000 public and shared private chargers, according to the state Energy Commission. Shared private chargers are located at workplaces or in parking garages that charge a fee to park while charging.
The state’s goal is to have 250,000 chargers installed by the end of 2026. Buckley, the agency spokesperson, said California is on track to reach that goal “in the next couple of years.”
Buckley said the state is also “laser focused on reliability” — the Energy Commission is in the process of developing standards to make sure chargers are working 97% of the time. Those standards will apply to chargers that get some amount of public funding, which Buckley said applies to about half of the state’s installed chargers.
In December, the Energy Commission announced plans to invest $1.4 billion over the next four years on new infrastructure for refueling electric and hydrogen-powered vehicles. Buckley said the bulk of that investment will be directed toward communities where chargers are even more scarce than I experienced during my years of EV ownership.
“We’re giving a little more love to rural areas and low-income areas,” Buckley said, “going where the market is not going.”
Gov. Gavin Newsom outlines his proposed 2025-2026 state budget during a news conference at California State University, Stanislaus, in Turlock on Tuesday.
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Rich Pedroncelli
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AP
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Topline:
In his final year in office, Gov. Gavin Newsom plans to go after large investors buying and owning California housing — in the same week that President Donald Trump also took rhetorical aim at Big Landlord.
Regulating big investors: Newsom plans to say during his State of the State address to lawmakers on Thursday that he wants to work with them to regulate the practice of investors buying up large stocks of housing to rent out, forcing California residents to compete with them to afford buying a home, according to the governor’s office. Proposals could include “enhanced state oversight and enforcement and potential changes to the state tax code,” according to the governor’s office.
Newsom and Trump agree: That sounds similar to a proposal President Donald Trump made on his social media platform Truth Social on Wednesday. The two previously closely aligned on policy related to clearing of homeless encampments. It’s an unlikely meeting of the minds of two political foes who, in a race to head off the electorate's concerns about affordability, have landed upon the same populist message: Blame Wall Street.
In his final year in office, Gov. Gavin Newsom plans to go after large investors buying and owning California housing — in the same week that President Donald Trump also took rhetorical aim at Big Landlord.
It’s an unlikely meeting of the minds of two political foes who, in a race to head off the electorate's concerns about affordability, have landed upon the same populist message: Blame Wall Street.
Newsom plans to say during his State of the State address to lawmakers on Thursday that he wants to work with them to regulate the practice of investors buying up large stocks of housing to rent out, forcing California residents to compete with them to afford buying a home, according to the governor’s office.
Proposals could include “enhanced state oversight and enforcement and potential changes to the state tax code,” according to the governor’s office.
“When housing is treated primarily as a corporate investment strategy, Californians feel the impact,” a source in the office said. “Prices go up, rents rise, and fewer people have a chance to buy a home.”
“I am immediately taking steps to ban large institutional investors from buying more single-family homes,” the president wrote, sending stock prices of major publicly traded residential investment firms plummeting. He urged Congress to put the proposal into law and promised to unveil additional housing policy proposals at the World Economic Forum summit in Davos, Switzerland later this month.
Newsom is stopping short of calling for an outright ban on institutional investors’ ownership, though the source said he will seek to “curb” it with the goal of making home ownership more affordable for California residents.
He hasn’t yet proposed anything concrete. Whatever Newsom seeks to do, he’ll need the approval of the state Legislature.
Trump, for his part, did not offer any details about his proposal, such as how institutional investors would be defined under the proposed law or why he targeted single-family homes in particular. The White House’s press office did not respond to an email with those questions.
The twin announcements come after years of long-shot efforts by California progressives to address a surge in companies buying up single-family housing stock in the wake of the Great Recession. The issue has been the subject of renewed anxiety in post-fire Los Angeles, where a recent report by RedFin showed investors (loosely defined as any buyer with a name that includes “LLC,” “Inc” or “Corp”) have purchased 27 of 61 burned vacant lots that sold in Altadena — more than 40%.
Asked about that report in an interview on MS Now this week, Newsom said he had signed an executive order last year seeking to protect homeowners who find it too expensive to rebuild from falling for “predatory” lowball offers for their properties. But he acknowledged “the broader market conditions are challenging.”
The proposals mark new territory for Newsom’s housing affordability platform. The governor, now in his final year in office, has spent most of the past seven years focused on boosting construction. It’s a pivot toward populism for the governor, who is widely expected to run for president in 2028.
Blaming deep-pocketed investors for the nation’s housing woes has become an increasingly ideological-spanning exercise in recent years, with politicians as diverse as New York Rep. Alexandria Ocasio-Cortez and Vice President J.D. Vance championing the cause.
Shortly after Trump’s post, Republican Sen. Bernie Moreno of Ohio, an enthusiastic supporter of the president, promised to introduce legislation in his own post on X.
Is this actually a problem in California?
Many housing industry professionals, economists and policy researchers are skeptical.
“It’s really hard to buy a house right now so people are looking for someone to blame for that, but I think (institutional investors) are more of a symptom of the affordability crisis than they are a perpetuator of it,” said Caitlin Gorback, a University of Texas at Austin economist who has studied investors’ effect on local real estate markets.
Research on the topic is mixed, though most analyses have found that by taking owner-occupied homes and converting them into rentals, these companies tend to increase the supply of rentals. That puts downward pressure on rents, while taking away purchasable homes, leading to higher prices.
Fewer than 3% of all single-family homes in the state are owned by companies that own at least 10 properties.That also takes away opportunities for would-be homeowners to buy a coveted single-family home. But even that comes with an under-appreciated upside, said Gorback: They provide more priced-out renters the opportunity to live in single-family homes — typically in wealthier, whiter and higher-resourced neighborhoods — something historically reserved for those who can afford to buy.
While apartment buildings are commonly owned and managed by large financial companies, single-family rentals weren’t seen as Wall Street-worthy money-making opportunities until the aftermath of the Great Recession. Since then, companies like Invitation Homes, Blackstone, Progress Residential and AMH Homes have typically focused on markets with relatively low prices and rapidly growing populations.
That doesn’t describe California. As a result, larger investors — however defined — make up a relatively small share of single-family landlords in the state. Fewer than 3% of all single-family homes in the state are owned by companies that own at least 10 properties, according to an analysis by the California Research Bureau, which conducts research for state lawmakers. A mere 20,066 are owned by firms with portfolios of 1,000 units or more. The largest of those owners is Invitation Homes, which owns over 11,000 homes in the state and reached a settlement with Attorney General Rob Bonta’s office last year over allegations it price-gouged tenants and illegally raised rents on more than 1,900 properties.
There are more than 16 million rental units across the state, according to Census data.
Though attacking big monied investors for the high cost of housing is a “huge distraction,” it has obvious political appeal, said Stan Oklobdzija, a UC Riverside public policy professor. “Attacking institutional investors is the latest iteration of appearing to do something without actually doing anything. …It's just kind of archetypical cheap talk.”
For nearly a decade, Democrats in the state Legislature have proposed bills to track or ban the practice. Former Gov. Jerry Brown in 2018 vetoed a bill to create a registry of institutional investors that own 100 or more single-family homes, noting that “collecting the data would not stop the purchase of these homes by private investors.”
In 2024, lawmakers proposed banning investors that own at least 1,000 single-family homes from buying more houses and renting them out, prohibiting institutional investors from buying single-family homes for any reason and banning developers from selling entire new single-family subdivisions to investors to rent. All three bills died in committees.
Assemblymember Alex Lee, author of the first proposal, revived the bill last year. It passed the Assembly and awaits a hearing in a Senate committee.
Lee, a Democratic Socialist who has long critiqued the role of big money in the state's real estate market, said he was "flabbergasted" to find himself on the same page with Trump, whom he described as a "far-right fascist." Though he expressed doubts that the Trump administration would follow through with the promises the president made in his social media post, he said that "Democrats need to wake up to this populist, but righteous, position."
"We can’t let the far-right capture the housing positions that the people care about," Lee said.
It used to be the “cool kids" were the ones up drinking until 5 a.m., pursuing pleasure no matter the unsavory cost. Today, however, the cool kids are in bed by 9 p.m. so they can be up at 5 a.m., in time to slam down a shot of matcha and head to a day rave where all the attendees are — believe it or not — shockingly, sober. A round-up of daytime revelries in L.A.
Where's it happening? A tea lounge speakeasy in DTLA, a roving daytime bar scene and a regular early morning dance rave somewhere in the city.
Why now: Because as club kids age up, they want to have fun while still being able to function. And Gen Z is just drinking less compared to its older counterparts.
Once upon a time, we lived in a world where the “cool” kids were the ones up drinking until 5 a.m., weekend warriors who relished the pursuit of pleasure no matter the unsavory cost.
In today’s post-COVID world, however, things have gotten a little topsy-turvy. Nowadays, the cool kids are in bed by 9 p.m. so they can be up at 5 a.m., in time to slam down a shot of matcha and head to a day rave where all the attendees are — believe it or not — shockingly, sober.
The thing is, to the undiscerning eye, the crowd at a Daybreaker rave looks exactly the same as its typically drug-fueled nighttime counterpart: buoyant, animated and so very alive with its sea of thrashing bodies, quivering booties and smiling faces.
It’s a testament to a new paradigm shift, one in which adults are increasingly turning away from the hard stuff in favor of celebrating without alcohol. Nurtured by the desire for vitality, the small flame of “Dry January” has taken shape into something much greater — a whole new world of non-alcoholic gatherings.
From coffee raves to tea speakeasies and beyond, the world of adult beverages as we know it is rapidly changing. Whether you’re a social butterfly looking for a new scene or a homebody hoping to finally venture off the couch, we’ve featured three of our favorite non-alcoholic gatherings in L.A. Check ‘em out below in all their glory.
Bar Nuda (pop up locations)
Founded by Morris Ellis, a creative director and branding expert, and Pablo Murillo, a storyteller and entrepreneur, Bar Nuda is a pop up “bar” experience designed for those in mind who want to indulge in the social aspects of the barfly life without any of the lingering regrets the next morning.
“We've been on a mission to redefine a night out,” says Murillo, smiling as he places a drink in front of me. “Our slogan is ‘Drinks to Remember’, because we want you to go out and celebrate life.”
Bar Nuda helps you indulge in the social aspects of the barfly life without any of the lingering regrets
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Janelle Lassalle
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LAist
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It’s a mission that’s more personal than professional — Murillo’s experience of losing his father to alcohol-related illness inspired him to redefine the narrative of what a night out could look like. His goal was a surprisingly simple concept: to create a warm, welcoming community where people could mingle without the standard social lubricant of booze.
“We wanted to really hold space for people like myself, you know?” Murillo continues. “When we started Bar Nuda, I was not sober, but I am now. Bar Nuda got me sober. We wanted to change the narrative for my family, but also be there for others to do the same and to say, hey, look, you can go out and have a really good time without drinking booze.”
Bar Nuda's slogan is “Drinks to Remember"
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Janelle Lassalle
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Bar Nuda partners up with local bars, neighborhood coffee shops and other venues around Los Angeles to create unique non-alcoholic based events for patrons; check out their Instagram for the details. Trivia Night, for instance, is a regular staple in their event roster, with most events starting at 7 or 8 p.m. Other events include benefit concerts (to raise money for CHIRLA, The Coalition for Humane Immigrant Rights), Alcohol Free Game Night and even courses dedicated to making your own non-alcoholic based drinks.
“We do a ton of work with hospitality groups, venues and music festivals who are looking to build out their non-alcoholic programs,” says Brianda Gonzalez, founder of the non-alcoholic shop The New Bar, who partners with Bar Nuda. “Consumers are increasingly looking for other options when they go out and don't want to drink quite as much.”
Ellis and Murillo are certainly doing something right: to walk into one of their events is to feel like you’re, well, inside of a bar, filled with the sounds of warm laughter, buzzing conversations and the inevitable chaotic din of the trivia crowd. Drinks are prepared with a level of craftsmanship that might have you second guessing as to whether or not you’re drinking alcohol. The menu rotates seasonally, with many of the drink ingredients sourced directly from Mexico. The house favorite is the “Rosa Nuda”, made with tantalizingly tangy, fresh bougainvillea sourced by Bar Nuda’s Beverage Director Bryant J. Orozco.
As the guests at the bar form a small crowd, giggling about events to come, I take a sip of the Rosa Nuda before a huge smile spreads across my face.
A recent Daybreaker event in Venice giving good vibes
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Courtesy Daybreaker
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The first time I attended a Daybreaker event was in Portland several years ago. I attended because friends of mine had told me there was a new, sober day rave spreading across town, and I simply didn’t believe them.
How very wrong I was. It may have been 9 a.m., but this crowd seemed just as rowdy, if not rowdier, than its nighttime counterpart. The only difference between the two was this crowd seemed decked out in yoga pants rather than rave gear.
Bubbling with energy at Daybreaker Venice
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Bailey Templeton
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Courtesy Daybreaker
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“I wanted to have fun while still being able to function,” said Nemo, a DJ I met there. “At some point my body was not able to handle the disrupted sleep cycles and booze anymore, but I still wanted to be able to go to events and enjoy myself.”
To my great surprise, I discovered raving sober had its own unique appeal. The lack of alcohol kept me light and energetic rather than clouded in a drunken haze. I was able to dance for much longer than usual, and felt a familiar euphoric high similar to a runner’s high the longer I danced.
Daybreaker throws day raves in a number of different cities: Los Angeles, Seattle, Atlanta, New York. The next event in L.A. is Saturday Jan. 24 from 9 a.m. - 12 noon, to be held in a secret venue. Given it’s described as “dry January, wet with endorphins”, there’s a good chance it’s in a sauna, where Daybreaker is known to throw dance parties.
Celebrating life at 9am in Venice
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Bailey Templeton
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Courtesy Daybreaker
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“We’re living in a cultural moment where people are craving clarity, connection, and control over their wellbeing — and ultimately belonging,” says Daybreaker founder Radha Agrawal.
“Post-pandemic, there’s been a mass re-evaluation of what we put into our bodies and how we spend our time. Gen Z in particular is leading the charge — they’re drinking nearly 30% less than millennials did at their age — and they’re looking for ways to connect without sacrificing health or mental clarity," he says.
"People want to wake up feeling good, not hungover, and they’re realizing that social connection can actually feel better without alcohol.”
In true speakeasy style, I reached Bu Tea Den through an inconspicuous metal door in a back alley downtown. Once inside, however, the vibe quickly shifted. A curious video was projected onto a wall by the entrance, lit up by colorful, digital Paisley shapes swimming about. Each Paisley had a customer’s name plastered above it, giving the surreal sensation that I was watching some sort of digital city like a god from up above on high. ‘PAISLEY ID’ read across the top of the screen.
Nearby, what I initially thought was an ATM was actually marked "AFTM: automated fortune telling machine". Patrons can take a quiz and receive a spiritual fortune of sorts, printed out neatly onto a slip of paper like an ATM receipt, along with a corresponding Paisley.
(According to the machine, my life path number is seven, my soul age is baby, and my chakral focus is sacral. "Trust what steadies you, even if it changes tomorrow.")
Writer Janelle Lassalle experiencing Bu Tu Den's AFTM — an automated fortune telling machine
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Janelle Lassalle
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LAist
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Inspired by time spent in the Burning Man community, co-founders Severin Sauliere and Natalie Tran created the art installation to help inspire a sense of community at Bu Tea Den.
Sauliere and Tran are husband and wife: Sauliere is an artist/Creative Director, and Tran is Chief Steeping Officer in charge of tea operations. Their goal is to redefine happy hour by giving guests the opportunity to slow down and get social without the thundering din of techno music and flashy cocktails.
"It's not an upsell kind of thing," said Sauliere. "It's based on you chilling with your friends, having some tea together and talking. I'm not against alcohol, but it's everywhere. Having a space that doesn't have it challenges the dynamic a little bit."
Co-founder Natalie Tran, at Bu Tea Den “part tea lounge, part interactive art installation, and part intimate gathering space.”
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Janelle Lassalle
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LAist
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The space is cultivated in the style of a tea lounge, with a number of booths scattered about facing the Paisley display. Guests can enjoy a unique tea experience at the bar in which they’re served several rounds of tea blends, along with snacks like Ube popcorn, Fridays - Sundays 5 - 9 p.m.
Billed as “part tea lounge, part interactive art installation, and part intimate gathering space,” Bu Tea Den isn’t just a place where you can come to enjoy a strong cup of jasmine tea: it’s also gearing up to become a community-oriented event space. Guests can come by for regular events like Mahjong at the Den, a Hong Kong style version of the popular game, or an upcoming "Tea and Tease" burlesque and comedy night on Saturday Jan. 17.
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David Wagner
covers housing in Southern California, a place where the lack of affordable housing contributes to homelessness.
Published January 7, 2026 4:12 PM
President Donald Trump speaks to reporters about auto tariffs after signing an executive order in the Oval Office at the White House on March 26.
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Jabin Botsford
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Getty Images
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Topline:
Homeownership has become increasingly out of reach for many young families, especially in pricey California. President Donald Trump now says he plans to make housing affordable again by cutting deep-pocketed investors out of the single-family home market.
What it could mean for CA: But in California, housing policy experts say Trump’s strategy might not move the needle on affordability very much. That’s because institutional investors aren’t buying many single-family homes in the Golden State to begin with.
The numbers: Statewide, 2.8% of single-family homes are owned by investors who own 10 properties or more. That’s according to the California Research Bureau, which produces nonpartisan policy research for the Governor’s Office and the State Legislature.
Read on … to learn why Trump’s idea overlaps with proposals that have already been forwarded by California Democrats.
Homeownership has become increasingly out of reach for many young families, especially in pricey California. On Wednesday, President Donald Trump said he plans to make housing affordable again by cutting deep-pocketed investors out of the single-family home market.
“I am immediately taking steps to ban large, institutional investors from buying more single-family homes, and I will be calling on Congress to codify it,” Trump said on the social media platform Truth Social. “People live in homes, not corporations.”
But in California, housing policy experts say Trump’s strategy might not move the needle on affordability much. That’s because institutional investors aren’t buying many single-family homes in the Golden State to begin with.
“It's kind of a red herring,” said Richard Green, director of the USC Lusk Center for Real Estate. “Institutional ownership of single-family rentals is a very small share of all single-family rentals, let alone all of the housing stock in the United States.”
Less than 3% of CA homes
Trump’s idea is not new. Democratic California lawmakers have also proposed limits on investor home-buying. To inform the legislative process, state researchers have looked into the question of how California homes are getting scooped up by institutional buyers.
The answer: Not many.
Statewide, 2.8% of single-family homes are owned by investors who own 10 properties or more. That’s according to the California Research Bureau, which produces nonpartisan policy research for the Governor’s Office and the state Legislature.
According to the Urban Institute, large investors own a much greater stock of single-family homes in cities including Jacksonville, Charlotte and Atlanta, where institutional investors own nearly 29% of single-family rentals.
Corporate ownership rates are much lower in California. In Los Angeles County, home to more than 10 million people, only about 72,474 homes are owned by large investors, according to the California Research Bureau. That number includes single-family homes as well as condos, townhomes and duplexes.
Would banning corporate owners reduce competition?
Invitation Homes is the largest owner of single-family homes in California, with more than 11,000 properties to its name statewide, including about 3,100 in Los Angeles County. Its business model involves buying single-family homes, updating them and then renting them out to tenants who may not otherwise be able to afford home-ownership.
LAist reached out to Invitation Homes for comment on Trump’s announcement. We were sent a statement from the National Rental Home Council.
“Housing affordability is a critical issue, and we appreciate the administration’s focus on ensuring Americans have access to a diverse mix of housing options,” the statement read.
The statement continued: “Professional single-family housing providers represent a small segment of the overall housing market, and the single-family rental industry remains focused on supporting renters while also supporting pathways to homeownership.”
David Garcia, deputy director of policy at UC Berkeley’s Terner Center for Housing Innovation, said getting rid of institutional investors probably wouldn’t do much to bring down home prices for young Californians.
“The vast, vast majority of homes that are purchased are by people who are generally going to live in them,” Garcia said. “So you're not really reducing the main competition for home buyers, which is other home buyers.”
Lack of supply, lots of demand fuel CA’s high prices
Garcia and USC’s Green both said California’s home prices are high because of lack of supply. Steady demand for California homes coupled with low building rates since the Great Recession have produced a market where the wealthiest buyers out-bid everyone else for the few homes coming up for sale.
Trump’s proposal echoes similar policy explorations from the L.A. City Council, which voted in 2021 to consider banning companies like Zillow and Redfin from buying homes within the city.
Details were scant in Trump’s post, but he said more information about his plans would be forthcoming.
In his Truth Social post, he said: “I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.”
Jill Replogle
covers public corruption, debates over our voting system, culture war battles — and more.
Published January 7, 2026 4:07 PM
The Ronald Reagan Federal Building & US Courthouse building in Santa Ana.
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Robyn Beck
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Getty Images
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Topline:
An Orange County judge is resigning, his lawyer says, as part of a plea deal for his role in defrauding California’s workers compensation fund.
Who’s the judge? Israel Claustro, a longtime prosecutor who won election to Orange County Superior Court in 2022.
What did he do? While working as an O.C. prosecutor, Claustro also owned a company that billed the state for medical evaluations of injured workers. That was illegal because, in California, you have to be licensed to practice medicine to own a medical corporation.
Anyone else involved? Claustro’s partner in the business was a doctor who had previously been suspended for health care fraud, and therefore was prohibited from being involved in workers’ comp claims. Claustro knew this, and paid him anyway, according to court filings from the U.S. Attorney’s Office.
What’s in the plea deal? The deal requires Claustro to resign as a judge and plead guilty to one count of mail fraud. He could be sentenced to up to 20 years in prison, but the U.S. Attorney’s Office is recommending probation instead, as part of the deal.
In an email to LAist, Claustro’s lawyer, Paul Meyer, said his client “deeply regrets” his wrongful participation in the business venture, and was resigning as judge “in good faith, with sadness.”
What’s next: Claustro is expected to make his initial appearance Jan. 12 in United States District Court in Santa Ana.