HSH.com asked innovators and thought leaders in the real estate world to answer the question: What will the U.S. housing market look like in the next 10 years?
Our Director, Raphael Bostic answered:
“There will be some increase in mortgage rates, partially due to both the expectation that rates will rise and the psychological influence that the tapering has begun, but I’m not expecting a dramatic rise. Over the long term, the goal is to reduce the government’s footprint and have the private market regain its influence in determining the cost and availability of credit.”
Check out the page for more thoughts on this important question, including some other familiar USC faculty.