California mandates solar panels on all new homes by 2020

CBC Radio (Canada) quoted Richard Green of the USC Lusk Center on why mandating solar panels for new housing in California may drive up housing costs. “I think mandates tend to be bad policy,” Green says. “If you make it more expensive to buy a new house, then rich people stay in old houses and…

How College Grads Drive Up Urban Rents

The Atlantic’s “CityLab” highlighted a working paper by Richard Green, of the USC Lusk Center, and colleagues on how the rise of more educated people with higher incomes in metropolitan areas has increased housing costs. Increased housing costs predominantly affect the less educated. Although Green found that a higher number of college graduates in an area raises incomes for everyone, a 1 percent increase in college grads leads to a roughly 2.5 percent increase in the cost of rent.

SoCal housing prices reach all-time high

KPCC-FM’s “Take Two” interviewed Richard Green of the USC Lusk Center about the rising cost of housing in Southern California. Anyone who’s attempted to buy a house in recent years will tell you: competition is steep because the number of available homes is decreasing. According to Richard Green,¬†professor with USC’s Price School of Public Policy…

Measuring the impact of the Fair Housing Act in LA

Curbed LA quoted Richard Green of the USC Lusk Center about the long-term impacts of the federal Fair Housing Act. A half-century later, we have still only come some of the way, according to Richard Green, director of the USC Lusk Center for Real Estate and a former senior advisor for the U.S. Department of…

Controversial $1-billion Hollywood high-rise project relaunched by developer

Los Angeles Times¬†quoted Richard Green of the USC Lusk Center on how building dense housing around public transportation hubs is good city planning. Richard Green, director of the USC Lusk Center for Real Estate, said that although some Angelenos object to residential skyscrapers that could block their views or add to car traffic, dense housing…