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Los Angeles

LOS ANGELES—This is the age of major demographic shifts, and they are directing everything from the way that we plan and build real estate to our politics. Emile Haddad, chairman and CEO of Five Point Holdings, talked about the demographic shifts at the 2017 USC Gould Real Estate Law and Business Forum and how these shifts are informing their community developments in California.

“We are at an interesting moment in history in terms of demographics,” said Haddad. “We live in a time today that is very similar to the turn of the 20th century.” Haddad compared the current trends in demographics to the industrial revolution, saying that our tech disruption is similar. During that time, people moved to cities and major cities grew. We also saw the rise of political movements, like Fascism and Nazism, and Haddad drew a parallel between our countries current political climate and the political movements in the early 20th century. “We are seeing many things disrupt the economy and we are seeing political disruption,” he explained.

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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.

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