USC Price School of Public Policy

Green Discusses Homeowners’ Hope That Prices Will Rise

June 11, 2009

May 20, 2009

The Los Angeles Times quoted Professor Richard Green about many homeowners keeping their properties in the hopes that prices will eventually rise. “Until those people are forced to sell, they’re not going to,” Green said. “That might change if lots of high-income people lose their jobs,” he added. Green is director and chair of the USC Lusk Center for Real Estate.