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2018 Mayoral Summit to Tackle Tough Question: Are Rising Housing Costs Jeopardizing LA’s Future Economic Growth?

October 4, 2018

LOS ANGELES--(BUSINESS WIRE)--Oct 4, 2018--The relentless rise in housing costs in Los Angeles is making it harder for businesses to recruit and retain workers, threatening a domino effect far beyond the housing market. The Los Angeles Business Council’s 17th annual Mayoral Housing, Transportation and Jobs Summit will bring together over 100 top decision-makers in housing, transportation, technology and related industries to discuss and debate best practices and innovative solutions to solve this growing problem.

The summit, to be held this Friday, Oct. 5, will also feature the release of a new study by Dr. Gary Painter of USC that explores how the high cost of housing influences local industries with the most job growth. Los Angeles is in the middle of an economic boom with low levels of unemployment and rising wages — this study calls into question if the cost of housing will put this trend in jeopardy.

What: The Los Angeles Business Council’s 2018 Mayoral Housing, Transportation & Jobs Summit

When: Friday, October 5, 2018, 8:00 a.m. – 2:30 p.m. **Note: Media availability with Mayor Garcetti at 9:30 a.m.**

Where: UCLA Meyer & Renee Luskin Conference Center 425 Westwood Plaza Los Angeles 90095 Parking is provided in Parking Structure 8

**Note: The event can also be viewed via the livestream which can be accessed **

To RSVP for the summit, please contact Malina Brown at (310) 974-6680 or email at

View source version on businesswire.com:https://www.businesswire.com/news/home/20181004005521/en/

CONTACT: For Los Angeles Business Council

Malina Brown

malina@sugermangroup.com| (310) 974-6680

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: SMALL BUSINESS PROFESSIONAL SERVICES CONSULTING HUMAN RESOURCES CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Los Angeles Business Council

Copyright Business Wire 2018.

PUB: 10/04/2018 11:00 AM/DISC: 10/04/2018 11:00 AM

http://www.businesswire.com/news/home/20181004005521/en

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