Q&A
Inquiry into tracking of industrial business displacement
0:36:10
ยท
53 sec
Council Member Aviles questions SBS about whether they are tracking industrial business displacement due to rising rents. The exchange reveals a gap in data collection and monitoring of this issue.
- SBS confirms they are not currently tracking industrial business displacement
- SBS mentions an ongoing survey that may provide insights into challenges faced by industrial businesses
- The discussion highlights a potential area for improved data collection and analysis in the industrial sector
Alexa Aviles
0:36:10
Yeah.
0:36:10
Are you are you keeping track of, business displacement, industrial business displacement?
Kitty Chan
0:36:19
I'm sorry?
0:36:20
Are you
Alexa Aviles
0:36:20
keeping track of displacement for industrial businesses?
0:36:24
The rent is too high for everyone as as industrial businesses.
0:36:29
Are you keeping track of that movement and what our inventory looks like?
Kitty Chan
0:36:35
Thank you very much for that question.
0:36:37
No.
0:36:37
We are not tracking that.
0:36:39
We look forward to, hearing back from the survey and learning more about what's the what's the challenge of the industrial businesses and how the industrial business plans can help.
Alexa Aviles
0:36:58
Okay.
0:36:59
I guess, I'm good.
0:37:01
Thank you.
0:37:02
Thank you so much.