Connect LA Recap

Our Chip McCorkle, VP of Business Development for Los Angeles, recently attended Connect LA. Below is a recap of some of the main takeaways from this interesting event.

The keynote speaker, Christopher Thornberg of Beacon Economics, was optimistic about the long term success of the economy. He also shared his belief that interest rates should remain low for the foreseeable future.

Tom Warren of Holland Properties and Jamie Lee of Jamison Properties discussed that the downtown Los Angeles market will stay strong for the next few years. Tom also pointed out that there are 10 jobs for every 1 resident living downtown. That ratio promotes a need for housing that the current pipeline will fall short in fulfilling.