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.
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.
BusinessNow quoted Richard Green of the USC Lusk Center on the trend in Los Angeles to require private funding for new stadium projects.
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…
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.
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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.
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…