Here’s proof Raphael Bostic is 100% correct on housing
Jacob Gaffney quotes our Director in a post for Housing Wire.
Dr. Raphael Bostic has the longest title I’ve ever seen for one person.
Bostic is the Judith and John Bedrosian Chair in Governance and the Public Enterprise at the Sol Price School of Public Policy at the University of Southern California.
He is also an economist who believes the slow housing market is a psychological phenomenon, or that there is a mental aspect as well as economic reason for the housing economy to be stuck on “slow.”