Los AngelesThe combination of low-cost housing and a job market has finally made the Inland Empire an attractive SoCal market. The Inland Empire has always boasted low-cost housing, but now the job market is rounding out the region and making it a more attractive place to live. As a result, the Inland Empire is seeing significant population growth, and it is expected to evolve rapidly in the coming years.

“Affordability has always been a draw, but without a strong job market, potential residents would have been reluctant to leave a market like Los Angeles. Since 2010, one out of every four jobs added in Southern California went to the Inland Empire,” Matt Kaufman, research analyst at JLL, tells GlobeSt.com. “For context, the Inland Empire only makes up one-fifth of the regional population, showing how much the region is outpacing its neighbors.  Initially, much of that growth was the result of e-commerce but has since grown and diversified to absorb a variety of job sectors including healthcare and education. With this strong and diverse of a job market, people are feeling more confident in their ability to find work outside of Los Angeles and are feeling more emboldened to leave for a more affordable market.”

The majority of the new residents in the Inland Empire market are likely homebuyers, rather than renters. These residents are coming from other, more expensive markets in Southern California, where homeownership was unattainable. “We cannot tell for certain, but it is reasonable to assume that these new residents would be homebuyers, or at least could be in the next few years,” says Kaufman. “The cost of homeownership in Los Angeles has priced many potential homeowners out of the market and has only helped boost local demand for multifamily units in lieu of single-family homes. It would stand to reason, that as we continue to see people migrate from Los Angeles toward the Inland Empire, many are doing so with the intention of keeping their home-owning aspirations alive.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.