You talk to any businessperson, and they'll tell you they're concerned that there is no affordable housing (in Los Angeles),
You're going to have containers coming from every terminal, not just the Port of Los Angeles but the Port of Long Beach, ... I think maglev would really be pushing it.
Content will still be king, although it may come in many new guises. And the Los Angeles area is well positioned to create this evolving content,
It's not surprising that international trade would be No. 1 in L.A. County because we've got the two ports and Los Angeles International Airport, which handles a lot of freight. It tends to mostly be smaller, high-value goods like medical equipment and electronic components.
The bottom line is that there's a huge demand. We have a shortage of 280,000 housing units in Los Angeles, and if you said 'affordable housing units,' that number would be even bigger.