Search
 

This Is The Age of Demographic Shifts

LOS ANGELES—Emile Haddad of Five Point Holdings talks about the major demographic shifts directing our real estate and politics at the USC Gould Real Estate Law and Business Forum.

By Kelsi Maree Borland | kelsimareeborland | Updated on March 13, 2017

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.

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?

NOT FOR REPRINT

© 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.

GlobeSt

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.