Race gap persists in homeownership
Ventura Country Star
Ventura Country Star
California Real Estate Journal
Los Angeles - Richard Little, director of the University of Southern California Keston Institute for Infrastructure (www.usc.edu/keston), is part of an international team selected by the National Science Foundation to study the physical and social infrastructure impacts of the devastating tsunami that struck the Indian Ocean basin last December.
"The Keston Institute believes that the physical systems, human resources and organizational frameworks that deliver civil infrastructure services are so intertwined as to be inseparable," said Little.
LOS ANGELES – Despite fundamental innovation in mortgage instruments, expansion of the secondary market, the lowest mortgage rates in 40 years and a host of industry and policy efforts to promote minority homeownership, research from the University of Southern California Lusk Center for Real Estate (www.usc.edu/lusk) provides evidence of sizeable and persistent racial homeownership gaps.
Los Angeles Business from Bizjournals
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The Wall Street Journal Online
Jiji Press of Tokyo