Advocacy at the South Bay Association of REALTORS®

Gardena 1978

Save the Date! Housing Forum on May 10 to look at housing options in the South Bay and beyond

South Bay Housing Forum, May 10, 2019 in Torrance

The South Bay Cities Council of Governments (SBCCOG) and the SBAOR are pleased to invite you to the Housing Forum, a half-day conference on Friday, May 10, 2019, 8:00 a.m. – 1:00 p.m. at the Toyota Meeting Hall in Torrance. This important event will seek practical, workable solutions to the housing crisis and issues of housing supply specifically in the South Bay but applicable to Greater Los Angeles and suburban communities throughout the state.

The Housing Forum kicks off with a keynote address from California Senator Ben Allen (D-26) followed by three panels that progressively set the stage to address critical questions on housing in our region. The panels include: “Making the Case for Housing”, “Different Options for Expanding Housing Supply”, and “The South Bay Perspective on Housing Legislation”. The last panel will discuss from a variety of perspectives the significant and at times controversial housing legislation being considered in Sacramento.

Background

Los Angeles County and the State of California are experiencing a well-documented housing crisis. In short, there is not enough housing available to meet the demand. By several official measures, statewide housing capacity may be two million dwelling units behind what it should be. The result has been home prices rising faster than real wages, limited supply of homes available for purchase or rent, rising rents, evictions, and even homelessness.

The delay and lack of opportunities for new housing is unsustainable and cannot continue. Initiatives such as this Housing Forum seek a different solution beyond status quo of imbalance in the housing supply. Last year, 2018, California saw significant and controversial local and state legislation that sought to break this gridlock.

In 2019 more such legislation may emerge again, which speaks to the need for open dialogue, shared solutions and common goals. SBAOR and the SBCCOG seek to be at the forefront of this discussion by leading with efforts such as this Housing Forum.