CA Fwd interviewed Raphael Bostic on low supply of affordable housing

California Housing Summit will be held in mid-December.  One of the pressing issues to be discussed is how lack of affordable housing affects health.  As housing becomes ever more expensive there are less resources in a household for necessities like education and health, Raphael Bostic told CA Fwd in an interview. The issue is a…

Daily Trojan quotes Bostic in “USC studies impact of housing prices on businesses”

Raphael Bostic, Bedrosian Chair in Governance, was quoted by the Daily Trojan regarding a recent study which looks at the impact of affordable housing on Los Angeles businesses. Preliminary findings of the study, which have already been released, were presented last Friday at the Mayoral Housing, Transportation and Jobs Summit to show the issues ahead of…

Bostic quoted in Beverly Hills Patch on employer concerns that cost of living is driving employees out of Los Angeles

Raphael Bostic, Bedrosian Chair in Governance, was quoted in the Beverly Hills Patch regarding concerns of Los Angeles are employers regarding the high cost of living in the city. Employers are counteracting the region’s costly living conditions by offering benefits packages that provide housing and transportation assistance, according to USC professor and study author Raphael Bostic.…

Bostic and Green op-ed featured in Times Picayune

Times Picayune ran commentary by Professors Raphael Bostic, the Bedrosian Chair in Governance, and Richard Green, Director of the USC Lusk Center for Real Estate, and colleagues on the continued nationwide increase in rental rates. Pointing to a slowdown in construction, smaller households, declining renter incomes, as well as the increase in the renter population following…

SoCal’s housing crisis: ‘Either rents go up or we build more units’

Raphael Bostic, along with the Casden Multifamily Forecast co-author Chris Thornberg, discussed the high cost of living in Southern California on KPCC’s Take Two. “Part of our challenge,” say co-author Raphael Bostic from USC, “is to create a narrative about who we are as California that acknowledges that it’s the burden of prosperity, it’s the…

Study: SD rent to grow faster than rest of SoCal

Raphael Bostic was quoted in a recent San Diego Union Tribune article on SoCal housing. Raphael Bostic, interim director of the USC Lusk Center for Real Estate, said the university’s findings are not overly negative. He said it shows there is strong job growth and the rate of rent increases could slow as new apartments open.…