Vote for YJ Draiman for Mayor of Los Angeles 2017 - Check Ballot #33 on March 7, 2017
Getting Candid with YJ Draiman Full 020117
"I dream of a world where the truth is what shapes people's politics, rather than politics shaping what people think is true."
WILL THE 'TRUMP EFFECT'
ENCOURAGE MORE REAL ESTATE EXECUTIVES TO GO INTO POLITICS?
National Jan 31, 2017 Jarred Schenke, Bisnow, Atlanta - Forbes
Is This The Trump Effect?
This 2017 election season is seeing a handful of current and former real estate executives jumping into the political arena.
IV Capital's Sidney Torres IV is considering a run for mayor of New Orleans, and, in a Trumpian twist, will be starring in a reality show.
YJ Draiman, a retired real estate executive, is running for mayor in Los Angeles for a second time.
LA Mayoral Candidate YJ Draiman and Son David Draiman the frontman for Disturbed
And the biggest names of all are running for mayor in the president's hometown: Peebles, Massey Knakal brokerage co-founder Paul Massey and Abyssinian Development head Calvin Butts.
Attributing a plethora of political candidates with commercial real estate backgrounds seeking public office to Trump winning the presidency may be overstating things. But a successful Trump administration could certainly have a long-term, inspiring effect of more commercial real estate and other private sector executives pursuing public office, said Loyola Marymount University political science professor Richard Fox.
“It's way too early to say there's a Trump effect, but yes, there's a potential for that,” Fox said.
In a study he and American University professor Jennifer Lawless conducted for the National Science Foundation, Fox said there was a measurable uptick on the number of African-American high school and college students who expressed interest in pursuing political roles while Obama was president. Unless Trump crashes and burns, Fox said he would expect a similar effect under Trump.
The Perception Of Developers Is Changing
YJDraiman.org Miriam Draiman, David Draiman and YJ Draiman
“There is a negative connotation for being a developer," Draiman, a retired Chicago real estate investor who did hundreds of residential rehabs in Chicago with his former company, Bankers Realty, said. "I've seen a negative effect from various people who I met. They feel, when they see a developer, that it's a no-no."
Today, Draiman — whose son, David, is the Grammy-nominated frontman for the rock band Disturbed — is hoping to discover the power of politics in his quest for the Los Angeles mayoral seat in the March primary. He also ran for mayor in 2013, and in a 2011 interview with L.A. Weekly, he was making many of the same cases for himself Trump made in the presidential campaign.
"Some politicians were basically coerced, if you want to call it, to support a developer," he told the publication. "And remember, I was a developer myself, so I know where it's going to and where it's coming from."
This time, he is running on the platform of pushing for economic development and for pushing for smarter growth and development with developers in the city. Much of his rhetoric is similar; after all, it worked for Trump.
“The public as a whole feels that large, wealthy developers, since they contribute so heavily … to various other elected officials, they have an in, if you want to call it,” Draiman said. "They get by with certain benefits that the little guy doesn't get. And it's true. I won't deny it. I've seen it with my own eyes."
Terranova Corp founder Stephen Bittel takes exception to the idea that any real estate executive who jumps into the political arena does it because of Trump's success. For Bittel — who recently was elected as Florida Democratic Committee chairman — the longtime Democratic Party donor and activist was mulling an ascent long before Trump announced his candidacy.
“American history is replete with successful business leaders getting involved in the leadership of our country,” Bittel said. “I think Donald Trump, what he did for a living, has nothing to do with this. And to suggest that might even encourage people not to seek careers in public service. I don't think that the electorate cares about how you made your money, I think they care about how you lived your life.”