By Dr. Lisa K. Bates
Joining the Access to Opportunity team is bringing me into dialogue with amazing scholars and practitioners with deep understanding of policy systems, focusing on an under-studied context of west coast cities. I am looking forward to sharing the research from Portland as we complete this initial round of work. We are looking at Humboldt Gardens, a development of Home Forward (the Housing Authority of Portland), as a site for understanding low-income parents’ (mostly parents of color) strategies for accessing ‘opportunity’.
Los Angeles Times quoted Richard Green, director of the USC Lusk Center, on rising home prices in California. Economists said that absent a recession or a surge in mortgage rates, California home prices could keep climbing at 5% a year for the foreseeable future. That’s faster than the long-term average of 3% nationwide, but it’s…
Dr. Shawn Flanigan, San Diego State University, shares the next installment of our blog on the Access to Opportunity Project. San Diego is consistently ranked among the least affordable housing markets in the United States, topping that list in 2015! Coming in at number two on the list in 2016. Rather than looking exclusively at housing costs, assessments of housing affordability consider housing costs in relation to how many residents of a community could afford to purchase a home at the median price. In 2015, real estate industry research showed that less than half of households could qualify to buy a median priced home in 93.3 percent of San Diego zip codes. This was the highest ratio of any city in the study.
Read Raphael Bostic’s last post in our partnership with Home Matters.
We have a long history of mobility. It’s one of the advances that set the New World apartfrom the Old. Our founders wanted us to move. They didn’t want us confined to the class we were born into or the name we were given or the land our parents could bestow on us. They wanted us to set out across this vast continent, and they didn’t want us to settle until we found a home we could call our own.
In our last post, which also happened to be our first post, we introduced the Access to Opportunity project, including the first set of studies that will be undertaken as part of our larger research goals. Though we didn’t state it, the choice of those projects was driven by a conceptual policy framework that evolved as we conducted our initial site visits in San Diego, Portland and Seattle.
by Dr. Raphael Bostic, President & Chief Executive Officer, Federal Reserve Bank of Atlanta, Professor, University of Southern California, Price School of Public Policy and Sheryl Whitney, Partner, Whitney Jennings
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 ..
While rental housing is often associated with large, high-rise apartments, 54 percent of U.S. rentals are in small and medium multifamily housing (SMMF), properties with between two and 49 units. SMMF is a much more important source of homes than has generally been recognized, especially for low-income households, according to new research from Enterprise Community Partners Inc. (Enterprise) and the The USC Bedrosian Center on Governance, housed at the USC Price School of Public Policy.
Sonja Trauss, founded the SFBay Area Renters Federation , the Metro Observer and co-founded the YIMBY Party and CA Renters Legal Advocacy to advance the cause of building housing. San Francisco, and California are experiencing a housing shortage. Housing shortage is bad for renters (and good for homeowners, incidentally). High prices are a symptom of…
Our first episode of the Our American Discourse podcast, features a conversation with Raphael W. Bostic. We confront the affordable housing crisis.
Throughout the country, Americans are moving into the cities, and construction isn’t keeping up. Rents are rising faster than incomes. Housing costs are eating away an increasing share of the average family’s budget. Without sufficient renewal, the existing housing stock is aging, and the quality is declining. Affordability has reached crisis levels.
The Las Vegas Review-Journal posted an editorial discussing repercussions from the California housing crisis and included a remark by Richard Green, Professor in the USC Price School of Public Policy. Without an effort to ease burdens on homebuilders, “It’s hard to imagine how all of California doesn’t become like New York City and San Francisco, where…