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Chapman University Economists Forecast No Job Growth in Orange County

1 report, 1 independent Updated Oct 30
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Chapman University economists forecast virtually no job growth in Orange County. This prediction comes amid challenges like the aftermath of the Norte fire and Tropical Storm Rachel. The county is struggling to meet state housing goals, with Fullerton permitting fewer than 1,400 of its required units.

From latimes.com

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The lack of construction projects is linked to slow permitting and high costs, as affordable units now cost between $500,000 and $800,000 to build. This slow pace impacts the local construction industry and the ability of families to afford housing in the region.

From latimes.com

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