A $1,800 apartment became a $3,300 corporate rental. Is that bad for housing?

Los Angeles Times quoted Richard Green of the USC Price School on if extended-stay apartments are hurting the housing market overall. But Green argued the correct policy response isn’t to crack down on the practice, but to allow more housing to be built in the first place. That way, different living arrangements can flourish without…

The Southern California housing market

CBS News Los Angeles affiliate KNX-AM interviewed Richard Green of the USC Lusk Center about the Southern California housing market. Richard Green anticipated a 5% to 10% percent decrease in housing price in the Southern California. Another problem is more people are moving out of California than moving in, which could result in a biased…