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The Business Perspective

Thank You

In my final Business Perspective of 2016, I want to say thank you to the 1,650 member companies and organizations who support the mission and work of the Los Angeles Area Chamber of Commerce. When the Chamber was founded in 1888, 54 business owners signaled their commitment and determination to make L.A. an economic powerhouse and a great place to live and visit. Only 50,000 people lived in L.A. at that time.

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A Housing Option That L.A. Should Incorporate

California and Los Angeles are in the midst of a housing supply and affordability crisis that is threatening our economy and our quality of life. We are only building one new housing unit for every eight new residents. Last month, an analysis of data from the U.S. Census Bureau showed that millennials are leaving L.A. at one of the highest rates in the country. Over the last 10 years, the number of County residents between the ages of 18 and 35 decreased by 7.4 percent. The home of Hollywood, Silicon Beach, world-class universities and a revitalized downtown is losing some young wage earners because they can no longer afford to buy or rent a home in our city.

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It's Time for the Safe, Re-Opening of Aliso Canyon

It has now been more than a year since the Aliso Canyon gas leak temporarily shuttered one of this region’s most critical pieces of energy infrastructure. The impact on adjacent communities was significant, but after much work, the leak was stopped and new, stringent safety measures have been implemented. Yet, the facility still sits idle. It’s time to change that.

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