Realtors say Proposition 5 would ‘unlock the housing market,’ freeing up more inventory. Experts don’t agree
Los Angeles Timesquoted Richard Greenof the USC Price School on California move rates. Richard Green, director of the USC Lusk Center for Real Estate, theorized that California move rates weren’t lower in the Zillow data because many seniors are wealthy and can afford higher property taxes if they want to Read more…
USC report: Average LA rents will go up $91 by 2020
Curbed L.A.featured research by USC’s Lusk Center for Real Estate on rising rents in Los Angeles. The average renter will spend a little over $90 more per month on housing in 2020 than in 2018, according to the report. “The way to raise vacancy rates is to build more,” said Read more…
Real Estate Accounting Expert Stan Ross, 82
Los Angeles Business Journalquoted USC Price School Dean Jack Knottand Richard Greenof the USC Lusk Center about the legacy of the late Stan Ross on the Southern California real estate industry. Stan Ross, who had a major and profound influence on real estate accounting through his long career, died at Read more…