Amber Schiada

South Los Angeles has seen the biggest growth in the population of 20- to 29-year-olds in the city, according to research from JLL. Since 2000, the population of 20- to 29-year-olds has increased by 20% in South Los Angeles as a result of affordability. The market is 47% less expensive than the rest of the L.A. metro area, and it offers access to public transit. For companies looking for talent, following these migration patterns can be crucial. To find out more about why young people are heading to South Los Angeles, how companies have responded and how the population growth has impacted affordability, we sat down with Amber Schiada, SVP at JLL research, for an exclusive interview.

GlobeSt.com: Why is it important to track migration patterns, like this?

Amber Schiada: One of the big issues in California, throughout the state, is that there is a housing crunch. There is a short supply of housing that creating really expensive housing throughout the state. The reason why we look at this is because when companies are looking to grow and expand their presence, one of the things that they are increasingly concerned about is not only transit and accessibility but also housing. They want to make sure that their workforce will have a good quality of life and be able to afford where they are living. We started to look at the demographic trends, and how those demographic trends correlate with what is happening with housing.

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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.