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Mary Leslie

The affordability crisis in Los Angeles is beginning to stunt economic activity. The high cost of housing in Los Angeles is impacting employee recruitment and retention, especially in healthcare, hospitality and professional and technical services industries. Those three industries happen to three of the fastest growing sectors in Los Angeles, and affordability is impacting further growth. The Affordable Housing Crisis in Los Angeles: Impacts to L.A.’s Fastest Growing Companies is a repot released in by USC Price Center for Social Innovation in partnership with the Los Angeles Business Council Institute to analyze the impacts of housing costs on businesses. Despite the challenge of high housing costs, few companies have implemented strategies or programs to help employees with the housing burden.

Kelsi Maree Borland

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