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Lusk Perspectives

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Real Conversations, Real Estate

During a time of great uncertainty and rapid change, connection and information is a more important resource than ever before. Today's issues could be amplified or altered in a matter of days or hours, so it is vital that organizations and thought leaders frequently share knowledge, dispel rumors, and offer insight.

Hosted by Professor and Lusk Center Director Richard K. Green, Lusk Perspectives offers timely analysis and shares accurate data vetted by leading experts on the latest developments and observations concerning policy, real estate, urban economics and more.

Once interviews are conducted, resources and videos will be made available here and on podcast channels as soon as possible.


Latest Perspectives

The Future of Cities, Remote Work, and Return to the Office

March 8, 2021
Edward Glaeser
Edward Glaeser | Fred and Eleanor Glimp Professor of Economics, Faculty of Arts and Sciences, Harvard University
Richard Florida
Richard Florida | Professor, School of Cities and Rotman School of Management, University of Toronto, & Co-Founder and Editor-At-Large, Bloomberg CityLab
Richard Peiser
Richard Peiser | Michael D. Spear Professor of Real Estate Development, Harvard University Graduate School of Design

Though the end of the pandemic may seem in sight, many questions remain regarding which trends of the past year are permanent. Edward Glaeser and Richard Florida join Richard Peiser and Richard K. Green to confer on the potential outcomes for land use in the US.

While both Glaeser and Florida agree that cities at large will return to full strength and influence, they also see individual cities as vulnerable. Regarding office work, Glaeser cites studies that indicate maintaining office culture via remote channels performs well, but growing a company remotely brings significant challenges for both management and employee advancement. Florida sees shifts towards remote and remote-flexible work as a potential revolution in the real estate industry, particularly as amenity-rich smaller cities have an opportunity to build hubs using compact urban models similar to the 15-minute city.

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What Real Estate Can Learn From The Tech Industry

March 1, 2021
Brad Hargreaves | Founder and CEO, Common

Brad Hargreaves joins Richard Green to discuss how COVID-19 has impacted product typologies of co-living and the role tech plays in managing multifamily properties. 

As it varies across the industry, Hargreaves lays out Common’s definition of co-living that distinguishes itself from visions of student housing or roommate matching and management. While co-living makes up a portion of Common’s management portfolio, Hargreaves sees the lowest hanging fruit for most property managers as basic tech upgrades to increase efficiency and centralize efforts like sales, marketing, and leasing to better and more quickly serve tenants. Green fields questions on which cities seem to be making big wins from the increased adoption of remote work, how renters making choices virtually will persist after the pandemic subsides, and what co-living financing really looks like to lenders and borrowers.

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Fireside Chat with Lusk Chair & Vice Chair

January 27, 2021
William A. Witte
William A. Witte | Chief Executive Officer, Related California
Nadine Watt
Nadine Watt | Chief Executive Officer, Watt Companies, Inc.

William A. Witte and Nadine Watt join Richard Green, to discuss their perspective on the broad trends and challenges facing real estate and urban economics in 2021. The leadership offers viewpoints on California outmigration, how rents are changing in unexpected ways as consumers respond to COVID, and the potential growth (and pitfalls) that remain for Southern California infrastructure. The Lusk Chair and Vice Chair insist that capital availability continues, meanwhile the industry as a whole continues to maintain a “wait and see” strategy to accurately assess how COVID and consumer trends have impacted product types and financial feasibility in the long term.

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Addressing Land Loss for Underserved Americans

December 18, 2020
Thomas Mitchell
Thomas Mitchell | Professor of Law, Co-Director of the Program in Real Estate and Community Development Law, Texas A&M University
Dana Goldman
Dana Goldman | Interim Dean, USC Sol Price School of Public Policy , and Leonard D. Schaeffer Director's Chair, USC Schaeffer Center

Dana Goldman hosts Richard Green and Thomas Mitchell in a conversation about Mitchell’s work on attempting to rectify the many ways that Black and other disadvantaged American families are deprived of their real estate wealth.

Upon the passing of a land-owning family member without a designated will, a great many properties of Black Americans passed property to multiple interest-owning heirs. Often called an “heirs property” or “tenancy in common”, this arrangement makes the estate easy to enter into a forced sale where the property sells for a fraction of its value. Affecting both rural and urban disadvantaged populations, Mitchell’s work has spearheaded both legal and legislative reforms in several states to help alleviate forced sales of a family’s vital source of generational wealth.

From Conversations with Interim Dean Goldman: Featuring Thomas Mitchell and Richard Green

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Long Run Effects of Quantitative Easing

December 16, 2020
Rodney Ramcharan
Rodney Ramcharan | Professor of Finance and Business Economics, Marshall School of Business

Rodney Ramcharan joins Richard K. Green to look back at 2009 and the quantitative easing used to inject money into the US economy during the financial crisis. Ramcharan shows that the effects of government intervention in the economy can last a long time, up to six years, with refinance activity providing a key indicator for a business’s future health. Green and Ramcharan discuss how the data gathered since 2009 could inform monetary policy as the effects of the pandemic continue, as well as the varying viewpoints economists have had over the years about the debt ceiling.

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