You can say that in addition to being "generous," L.A. voters are either stupid or too intellectually lazy to figure out what they're voting for. Sadly, most of the people who favor this crap don't own any tasable property and they're too stupid to realize they'll pay higher taxes anyhow via increased rents.
Indeed. The renter class in Pocatello/Chubbuck was chortling about how the property owners were going to get hit with the additional cost of funding the arena work. Property owners uniformly informed tenants that rents would be going up immediately if the bond measure passed. The message got through. That's a another reason for high turnout and an overwhelming no vote.