Good article, he references some of his other works too.
California will be like Detroit within a decade.
Parts of it are already beginning to resemble Detroit. The site of a drive-in restaurant owned by Richard Nixon's brother has been a vacant lot for almost four years. Across the street from me is an abandoned auto dealership whose owner was so wealthy a few years ago that he purchased a street right-of-way from the city to expand his business. Down the road is a shuttered factory that manufactured medical equipment whose parking lot is going back to nature.
I don’t know about Rodeo Drive, but I was down on Ocean Ave. here in Carmel last night for dinner out, and I can tell you that the town of Carmel-by-the-Sea is far from dead despite the loony Leftists who run the government. The problem here is that most of the property is owned by absentees like me. We don’t get to vote even though we are the majority. The cadre who run the place are in the main, 60’s hippies who bought here when it was cheap and stayed. Impending deaths will change the politics here eventually.