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…

USC report: Average LA rents will go up $91 by 2020

Curbed L.A. featured research by USC’s Lusk Center for Real Estate on rising rents in Los Angeles. The average renter will spend a little over $90 more per month on housing in 2020 than in 2018, according to the report. “The way to raise vacancy rates is to build more,” said Richard Green of the USC Price School.

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.

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…