Research Briefs

USC Lusk Center Says Protracted Iraq War Could Further Weaken Commercial Property Markets

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Housing could become more affordable, but buyers might stay out of market

NEWPORT BEACH, Calif. (Business Wire) If a U.S.-led invasion of Iraq turns into a protracted conflict, consumer confidence could plunge and stock prices could fall, tipping the U.S. economy into a recession and sending commercial-property markets into a deeper slump.

History could repeat itself, warned Stuart Gabriel, Ph.D., director of the USC Lusk Center for Real Estate.

Of Palm Trees and Potholes

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Most L.A. County infrastructure, built more than 50 years ago for a much smaller population, is in decline. In a new ‘scorecard,’ The American Society of Civil Engineers assesses the state of Southland systems – from roadways to wastewater – and recommend

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