The UCLA Anderson Economic Forecast met online earlier today. You can see the various presentations at the link below. In general terms, the forecast is summarized by the chart below of the unemployment rate; a relatively slow recovery. That kind of forecast suggests extended budgetary problems for the state and for UC. The forecast was in part directed toward real estate. Although UCLA's neighborhood was not discussed, if you look at Westwood Village with its retail and restaurant focused economy, the outlook for it was not cheerful.
or direct to https://www.youtube.com/watch?v=pHdfCP-Vcbw
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