Business & Leadership

The Barriers to California Housing Development

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Description

The State of California’s Legislative Analyst’s Office (LAO) estimated that 70,000 to 110,000 new housing units are needed per year to keep housing prices from rising faster than the national average. What are the most important barriers to new housing construction and what can be done about them?

Scholars Evgeny Burinskiy (PhD in Urban Planning and Development, USC Sol Price School of Public Policy), Lois Takahashi (Houston Flournoy Professor of State Government and director at USC Price in Sacramento) and Richard Green (director of the USC Lusk Center for Real Estate) gather with industry experts Bert Selva (president and CEO of Shea Homes) and Dan Dunmoyer (president and CEO of California Building Industry Association) to discuss results from a new survey of California homebuilders, planning commissioners and housing advocates.

Who Will Benefit

– Those hoping to gain a better understanding of the California housing crisis
– Industry experts looking to uncover what housing challenges California is still facing
– Those who want to know how the COVID-19 pandemic exacerbated California housing development

About Our Featured Faculty

Richard K. Green, PhD, is the director of the USC Lusk Center for Real Estate. He holds the Lusk Chair in Real Estate and is professor in the USC Sol Price School of Public Policy and the USC Marshall School of Business. Prior to joining the USC faculty, Green spent four years as the Oliver T. Carr Jr. Chair of Real Estate Finance at The George Washington University School of Business. He was director of the Center for Washington Area Studies and the Center for Real Estate and Urban Studies at that institution. Green also taught real estate finance and economics courses for 12 years at the University of Wisconsin-Madison, where he was Wangard Faculty Scholar and Chair of Real Estate and Urban Land Economics. He also has been principal economist and director of financial strategy and policy analysis at Freddie Mac. More recently, he was a visiting professor of real estate at the University of Pennsylvania’s Wharton School, and he continues to retain an affiliation with Wharton. He was recently president of the American Real Estate and Urban Economics Association.