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Odd Lots: Why Building a Crosswalk in LA Is Kafkaesque

Bloomberg Markets
Monday, September 28, 2026 at 1:58 PM
~4 min read

Original Report

On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, real estate developer Zach Lasry joins Joe Weisenthal and Tracy Alloway to talk about homebuilding in LA and...

On this episode of the Odd Lots podcast recorded live at the Vermont Hollywood theater, real estate developer Zach Lasry joins Joe Weisenthal and Tracy Alloway to talk about homebuilding in LA and the Kafkaesque process of getting a crosswalk built in the city. (Source: Bloomberg)

Glass House Analysis

Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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