DEFINING THE NEXT DECADE | HOUSING
Los Angeles is facing a significant and complex affordable housing crisis. One is immediately struck by the degree of homelessness, when walking the streets of the city. LA County holds 10% of the country’s homeless population. However, the housing crisis is also occurring in less visible spaces.
Behind closed doors and over kitchen counters, Angelenos are grappling with questions on how to pay their rent and whether they will ever be able to buy a home. Currently, home prices in the city are at an all-time high and an average home comes with a $610,000 price tag. Comparing that to the average household income of $63,000 per year makes the gap between purchasing power and cost of living become undeniably apparent. In Los Angeles, 58% of renters spend more than 30% of their income on housing, while ⅓ spend more than 50% of their income on housing.
What can the city due to slow down or even reverse this trend? What roles do the private sector, technology, and civic engagement play in ensuring that Angelenos have access to affordable housing? Are municipal policies such as rent control effective?
In this next session of Defining the Next Decade, we host a distinguished panel for an open conversation on affordable and alternative housing to discuss these and other questions. Tickets are limited so please sign up with the Eventbrite link today.
Prophet Walker: Prophet Walker is the CEO and co-founder of Treehouse Co-Living, a Los Angeles based tech enabled real estate company that is building the first ground-up co-living community in Los Angeles.
Brent Gaisford: Brent Gaisford is the CFO and co-founder at Treehouse Co-living and the Director of Abundant Housing LA. Abundant Housing LA advocates for more affordable housing prices by ending the housing shortage.
Eric Hayes: Eric Hayes is an Associate Economist at the Los Angeles County Economic Development Corporation’s Institute for Applied Economics.
Alisa Belinkoff Katz: Alisa Belinkoff Katz served for nearly 30 years as Chief Deputy to Los Angeles City Councilmember and County Supervisor Zev Yaroslavsky and now serves as Associate Director of the “Los Angeles Initiative” at the UCLA Luskin School of Public Affairs
Tina Hovsepian: Tina Hovsepian, an architect and social entreprenuer, is the inventor of Cardborigami, a temporary shelter made of folded cardboard. Hovsepian’s shelter has been requested by over 92 different countries and she is featured on the Huffington Post, New York Times, LA Times, Interior Design Magazine, and Archinect.
ABOUT DEFINING THE NEXT DECADE
In today's world, it's increasingly becoming more difficult for next-generation leaders to be optimistic about the future. Defining The Next Decade is a movement to get people thinking differently about the world. We are changing the conversation by bringing together pioneers across disciplines who are actively building the optimistic future.
Defining The Next Decade is a conversational series lead by Global Shapers, an initiative of the World Economic Forum. We are sharing the stories and ideas of individuals who are making a difference in their communities. By establishing conversations with those who are already creating change, we're leveraging communities to make the exponential impact.
To sign up for future event announcements, please register for our newsletter.