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Shall We Call “It” Irony or Hypocrisy?
Or Both?
by Daniel Yukelson
Executive Director, Apartment Association of Greater Los Angeles
“I-ro-ny” the expression of one’s meaning by using language that normally signifies the opposite, typically for humorous or emphatic effect.
“Hi-poc-crisy” the practice of claiming to
have moral standards or beliefs to which Ione’s own behavior does not conform,
clothing, and help out family during our retirement years.
There are some of you among us that have taken a far bigger “plunge” into investing in income properties, and good for you for seeing opportunities at the time you invested. But, for many of us, we are the “moms and pops” of the world, individual owners, small businesspeople tinkering around in the real estate “biz,” and once we stop working our fulltime jobs, the one or few income properties we own combined with whatever savings we may have cobbled together and some Social Security sprinkled on top, is about all “we got.” That’s about it!
We are the only ones that provide badly needed housing – there’s a housing shortage in California for G-d’s sakes! We could have invested in stocks and bonds on Wall Street, and had a great ride these past few years, yet we figured rental real estate was a far safer bet, but that was until the “iron curtain of rent control” fell down upon us, and more recently
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pretense.
must admit. After accepting the job as Executive Director of the Apartment Association of Greater Los Angeles just over four years ago, I have become a cynic and suddenly find myself filled with venom and sarcasm. But how can I possibly help myself and feel otherwise? Protecting the rights of those of us, and I am among you, that have made sacrifices so that
we could invest in a “piece of real estate” in hopes that someday we can supplement our retirement income and support ourselves later in life, pay for our medical needs, provide ourselves with food,
Daniel Yukelson is currently the Executive Director of The Apartment Association of Greater Los Angeles (AAGLA), Southern California’s for affordable, quality housing. As Certified Public Accountant, Yukelson began his career at Ernst & Young, the global accounting firm, and had served in senior financial roles principally as Chief Financial Officer for various public, private and start-up companies. Prior to joining AAGLA, Yukelson served for 15 years as Chief Financial Officer for both Premiere Radio Networks, now a subsidiary of I-Heart Media, and 3 years for Oasis West Realty, the owner of the Beverly Hilton and Waldorf Astoria Beverly Hills where he was involved with the development and construction of the Waldorf.
CS-34 NOVEMBER 2021 - APARTMENT MANAGEMENT MAGAZINE