Cuts to Homeowner Tax Breaks Could Cost Republicans in 2018 Races

The New York Times (in a Reuters story) quoted Richard Green of the USC Lusk Center on how the Republican-backed tax reform bill could negatively impact homeowners. Yun says his analysis suggests curbing the mortgage interest deduction would lead to as much as an 8 percent drop in housing values nationwide, and cutting property tax…

For tenants on the edge, paying the rent often takes more than half their income

Los Angeles Times quoted Richard Green of the USC Lusk Center on why declining incomes do not result in lower rents. In theory, rent growth shouldn’t consistently soar past gains in income. But Richard Green, director of the USC Lusk Center for Real Estate, said his research shows that while rising incomes push rents up, when…

Welcome to the crisis: Your frequently asked California housing questions answered

Los Angeles Daily News (in a CALmatters story) quoted Richard Green of the USC Lusk Center about the California housing crisis and what a healthy vacancy rate would be for rental units. Vacancy rates are kind of like unemployment rates or even inflation, says Richard Green, director of the University of Southern California’s Lusk Center…

Healthcare May Be Hazardous To Political Health

Fox & Hounds Daily published an editorial by Sherry Bebitch Jeffe of the USC Price School and Doug Jeffe on how politicians must address health care among highly partisan constituents. The health care system, in America and in California, is far from perfect and a number of fixes and upgrades are clearly in order. Nationally…

GOP tax bills could weigh on high-end housing in California

San Francisco Chronicle quoted Richard Green, director of the USC Lusk Center, on how the GOP tax reform bills might influence homeownership trends in California. Richard Green, a real estate professor at the University of Southern California, calculated that if Congress got rid of the mortgage interest deduction entirely, it might reduce the U.S. homeownership…

California Today: The Latino Education Crisis

The New York Times’ “California Today” newsletter quoted Sherry Bebitch Jeffe of the USC Price School about the national attention Californian elections will capture next year. On Tuesday, voters across the country returned to the polls. Believe it or not, Wednesday marks one full year since Election Day 2016. And while some states held votes…

Real Estate Quarterly Overview: Low Supply Dominates Most Sectors

Long Beach Business Journal noted research by Richard Green of the USC Lusk Center about the declining number of available units for Los Angeles County’s growing population. “We’re not building enough housing. We calculated that Los Angeles County should be building about 35,000 units per year. It’s building about 25,000 units,” Richard Green, director of…

In California, new grassroots activists lead Trump ‘Resistance’

Agence France Presse quoted Sherry Bebitch Jeffe of the USC Price School on why California is leading the resistance against President Donald Trump’s far-right policies. “Every time there’s a policy decision, California gets hit in the gut,” says Sherry Bebitch Jeffe, an analyst and professor in public policy at USC. “Without question we’re looked at…

TRUMPIFORNIA, Here They Come

Fox and Hounds published an op-ed by Sherry Bebitch Jeffe of the USC Price School and Doug Jeffe on the recent California Republican Party convention held in Anaheim and keynoted by Stephen Bannon. The Republican State Central Committee convened in Anaheim last weekend and gave every appearance of settling into a long-term tenure as a…

Chad Mayes may run for California governor

KPCC-FM interviewed Sherry Bebitch Jeffe of the USC Price School on why a crowded Republican field will make it easier for two Democratic candidates to qualify in the top-two primary in California’s governor race. Second interview on “Take Two” here. There could be further ripple effects as well should Mayes enter the governor’s race. USC…