Los Angeles Business Journal
October 21, 2016
Significant investments in new housing and an accelerated expansion of our relatively nascent public transit system are crucial to the Los Angeles of the future. Without such investments, we can expect to encounter an increasingly unhealthy mix of escalating rents that drive residents further and further from their jobs as well as an exhausted infrastructure that cannot handle more cars and traffic
These investments could make the difference for job-producing companies evaluating whether to locate or expand in the region. On the plus side, businesses are attracted to our talented and creative workforce, proximity to world-class international trade infrastructure, sizable consumer marketplace, and leading universities.