Report: Southern California’s Affordable Housing Crisis Not Just Limited To Low-Income Households

Business Now featured research by USC’s Lusk Center for Real Estate and a partner on the affordable housing crisis. The study comes as markets across the state are dealing with an affordable and workforce housing crisis. “There is a poor match between people’s housing cost and incomes right now, and no amount of sorting will, by itself, fix this issue,” said Richard Green of the USC Price School.

Efforts to build housing around transit threaten to price out those most dependent on bus and rail

The San Diego Union-Tribune cited research by Richard Green of the USC Lusk Center on the number of housing units needed to lower the cost of housing in California. However, to actually lower the cost of housing, the state would need to add roughly 2.5 million new units by 2025, or roughly 357,000 a year,…