The Future of Inglewood (Full Video)

Graduate students from the various programs sought panelists to explain how they use their work experience to solve real-world challenges. This panel focused on the redevelopment of Hollywood Park in Inglewood. Why is redevelopment necessary for Inglewood? What are the benefits and consequences of redevelopment? How will the return of NFL football impact the neighborhood? Inglewood…

Amid NFL stadium development, mayor discusses future of Inglewood

Inglewood Mayor James Butts envisions a future in which people on every flight landing at LAX look out the small cabin windows and see a gigantic multilayered sports entertainment district – a city within a city – lit up like Las Vegas. With the NFL choosing the Hollywood Park site for the return of the…

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…

Rent getting more expensive for Inland Empire apartments

The annual USC Casden Multifamily Forecast released this week noted the unemployment rate for the Inland area is the lowest in eight years, with growth in transportation and logistics accounting for nearly one-quarter of the area’s new jobs in 2014. Job and population increases over the next two years, the forecast said, will push up rents…

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.…

Study: Rent in San Diego to see steep rise by 2018

Apartment-dwellers in San Diego County can look forward to the highest projected rent increases in Southern California over the next two years, thanks to growing demand and low vacancy rates, according to a report [USC Casden Multifamily Forecast] released Tuesday….”Though multifamily construction permits are back to pre-recession levels and have provided some relief, population and…

So Cal apartment rents will continue to rise through 2018

“Population and employment growth are driving up demand faster than new inventory can hit the market,” said Raphael Bostic, interim director of the USC Lusk Center for Real Estate, which collaborated on this week’s [USC Casden Multifamily] forecast with Beacon Economics, a Los Angeles consulting firm.

The Future of Inglewood (photos)

Graduate students from various Price School programs worked to put together a panel on how intersectoral leaders work together to solve real-world challenges. Students were supported by the Bedrosian Center in this effort. This panel focused on the redevelopment of Hollywood Park in Inglewood. Why is redevelopment necessary for Inglewood? What are the benefits and…

JPMorgan Chase Launches $125 Million, Five-Year Initiative for Disadvantaged neighborhoods

JPMorgan Chase & Co. today launched PRO Neighborhoods, a $125 million, five-year initiative to identify and support solutions for creating economic opportunity in disadvantaged neighborhoods around the country.  PRO Neighborhoods will invest in collaborative partnerships, innovative data-driven ideas to revitalize neighborhoods left behind by the recovery. Raphael Bostic was one of several industry notables quoted in the press…