Los Angeles Times quoted Richard Green of the USC Lusk Center and Gary Painter of the USC Price School on the impact Prop. 21 may have on lower-income residents. “You have these places being vacated and you have rents falling very rapidly.” Full article here
KNX 1070 AM featured research by Richard Green of the USC Lusk Center on L.A. County tenants’ ability to pay rent amid the pandemic. “One of the main concerns among landlords at the beginning of the pandemic was that tenants weren’t going to pay their rent if they knew they Read more…
Business Nowfeatured 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 Read more…
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 Read more…
Curbed LA quoted Richard Green of the USC Lusk Center on how steady rent growth in Los Angeles may be slowing down. Richard Green, director of the Lusk Center for Real Estate at USC, tells Curbed that steady rent growth may be slowing in response to new housing construction in Read more…
Curbed LAquoted Richard Greenof the USC Lusk Center on how steady rent growth in Los Angeles may be slowing down. Richard Green, director of the Lusk Center for Real Estate at USC, tells Curbed that steady rent growth may be slowing in response to new housing construction in the Los Read more…
U.S. News & World Report quoted Richard Green of the USC Lusk Center about California’s ongoing housing crisis.
Los Angeles Times quoted Richard Green of the USC Lusk Center on why declining incomes do not result in lower rents. In theory, rent growth shouldn’t consistently soar past gains in income. But Richard Green, director of the USC Lusk Center for Real Estate, said his research shows that while rising incomes push rents Read more…
Los Angeles Daily News (in a CALmatters story) quoted Richard Green of the USC Lusk Center about the California housing crisis and what a healthy vacancy rate would be for rental units. Vacancy rates are kind of like unemployment rates or even inflation, says Richard Green, director of the University of Southern California’s Lusk Center Read more…
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 Read more…
by Justine Dodgen Last week, an opinion piece by Director Raphael Bostic discussing the issue of affordable housing was featured on nj.com. In his article, he cites the startling fact that one in four of the 42 million American families who rent Read more…