USC Lusk Center Says Developers and Investors in 2005 Will Go Outside Traditional Real Estate Markets
-- Solid research, creative thinking, fast execution, and a willingness to take risks are essential for success
-- Solid research, creative thinking, fast execution, and a willingness to take risks are essential for success
Los Angeles -- Nicole McAllister has been appointed executive director of development and external affairs of the USC Lusk Center for Real Estate. Over the past five years, McAllister has played a key leadership role at the Lusk Center contributing significantly to its direction and expansion that included the establishment of the Casden Real Estate Economics Forecast, the Keston Institute for Infrastructure and the Ross Minority Program in Real Estate.
- Study shows lower housing costs in smaller cities do not immediately translate into higher homeownership rates
- Immigrants pool resources to buy one home for multiple families
- Younger immigrants more likely to own homes than U.S.-born counterparts
Los Angeles -- Both foreign-born and U.S.-born migrants who move to one of 14 "emerging gateway cities" have lower homeownership rates than households that move within a metropolitan area, according to the results of a study at the University of Southern California's Lusk Center for Real Estate (www.usc.edu/lusk).
"Past housing resear
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