Did you get a raise? Pay hikes are helping some cope with Southern California’s rising rents

The Orange County Register featured research by Richard Green of the USC Lusk Center that predicts rents across Los Angeles will rise by $136 per month by 2019. Demand for housing continues to increase with job and population growth, but Los Angeles housing development has failed to keep pace with this trend. “Lots are scarce…

LA, OC Rent Increases To Continue Into 2019

CBS News Los Angeles affiliate KCBS-TV featured research by Richard Green of the USC Lusk Center that predicts rents across Los Angeles will rise by $136 per month by 2019. Demand for housing continues to increase with job and population growth, but Los Angeles housing development has failed to keep pace with this trend. The…

Southern California apartment rents will keep climbing

Los Angeles Times featured research by Richard Green of the USC Lusk Center and the annual USC Casden Real Estate Economic Forecast that predicts rents across Los Angeles will rise by $136 per month by 2019. Demand for housing continues to increase with job and population growth, but Los Angeles housing development has failed to…

The infrastructure needed to support a thriving California economy

Earlier this month, Gov. Jerry Brown and California legislators announced agreement on a bold plan to invest in the state’s crumbling roads and highways, putting aside years of disagreement to get people and goods moving through regions like Los Angeles again. Now, our leaders must act with the same resolve to increase the production of…

Major L.A. Employers Raise Concerns That High Cost of Living Is a Barrier to Attracting and Retaining Top Talent

Housing costs are deterring top-talent from entering the Los Angeles job market, and leading to higher costs in recruiting and retaining employees, according to a new survey released today by Raphael Bostic, a USC Price School of Public Policy Professor and the newly appointed head of the Atlanta Federal Reserve. Bostic led a team of USC researchers in surveying major L.A. employers accounting for nearly 200,000 jobs in key sectors including utilities, healthcare, education, government, engineering and finance ..

California need the political will to tackle its housing crisis

KPCC’s Take Two reached out to Richard Green, Director and Lusk Chair in Real Estate, to discuss California’s housing problem.  The state of California recognizes the issues, however, the solutions are not so simple. “Once you are in a community, you don’t want anymore traffic. You don’t want any more pressure on your schools,” says Green. “That’s the…

Take Two: SoCal cities buckle down to fight density

USC housing expert Raphael Bostic joins 89.3 KPCC’s Take Two to look at the public support for denser neighborhoods. There is a housing crisis in Southern California, but many communities aren’t down with one of the solutions: density. Advocates suggest a range of alternatives, from creating more affordable apartments to increasing rent subsidies. Many housing experts argue that…