What California’s Gubernatorial Candidates Mean for Real Estate
Commercial Observer quoted Sherry Bebitch Jeffe of the USC Price School about the California gubernatorial race.
Real Estate
Experts Say LA Is Making The Right Call When It Won’t Pay For New Stadiums
BusinessNow quoted Richard Green of the USC Lusk Center on the trend in Los Angeles to require private funding for new stadium projects.
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…
Expert Explains Why Low Unemployment Numbers Means Higher Home Prices
ABC News Los Angeles affiliate KABC-AM interviewed Richard Green of the USC Lusk Center on why it is unlikely the price of homes in Southern California will go down soon.
PIPE* Workshop: Steven Liao, UCRiverside
PIPE* Workshop: Steven Liao, UCRiverside
Tuesday, January 23 at 12:00pm to 1:30pm
RSVP for location
Foreign Real Estate Investment and Incumbent Party Support in the U.S.
Few economic issues affect people as personally and universally as housing. Yet despite the increasing globalization of housing markets, little is known about its effect on political behavior. This study explores how Chinese investments in U.S. residential property shaped support for the incumbent party.
To buy or not to buy? New tax law creates uncertainty for some homebuyers
The Orange County Register quoted Richard Green of the USC Lusk Center about whether the new federal tax code will impact home buying in California for those that can afford a mortgage more than $750,000. Richard Green, director of USC’s Lusk Center for Real Estate, predicted the tax overhaul will backfire, possibly triggering a recession…
Report: 58% of LA tenants are spending too much on rent
Curbed LA cited research by Richard Green of the USC Lusk Center that suggests California rents will continue to rise over the next two years. Across the country, wages have lagged behind growth in rental prices, and the same is true in LA. Between 2005 and 2016, rents shot up 17.5 percent, while wages grew…
GOP tax bills could weigh on high-end housing in California
San Francisco Chronicle quoted Richard Green, director of the USC Lusk Center, on how the GOP tax reform bills might influence homeownership trends in California. Richard Green, a real estate professor at the University of Southern California, calculated that if Congress got rid of the mortgage interest deduction entirely, it might reduce the U.S. homeownership…
Real Estate Quarterly Overview: Low Supply Dominates Most Sectors
Long Beach Business Journal noted research by Richard Green of the USC Lusk Center about the declining number of available units for Los Angeles County’s growing population. “We’re not building enough housing. We calculated that Los Angeles County should be building about 35,000 units per year. It’s building about 25,000 units,” Richard Green, director of…
Mansplaining the city
Curbed LA highlighted research by Lisa Schweitzer of the USC Price School on how males and male-centric language dominates development, real estate and politics. According to Schweitzer women typically engage in identity-driven conversations to promote equity for city residents and are often shot down. The story cites a blog post by Schweitzer titled “The Smartest…