” said Aaron Terrazas, senior economist at Zillow. “But this fall and winter are shaping up to be more favorable for those buyers who have struggled to get into the housing market for several years amid red-hot competition.”
business travel has seriously contracted. Flights into Las Vegas, which caters to both, have been slashed so much that even if every seat on every remaining flight were filled and visitors stayed for an average
Joseph Gyourko:Ed Glaeser, Raven Saks (now Molloy) and I concluded that it was the interaction of strong latent demand for markets such as Manhattan combined with restrictive or inelastic supply that largely accounts for relatively high house prices in those places. Strong demand itself is not en...
 Over the last decade if we look at the data, it is clear that living what people would think is a “middle class†lifestyle in California is nearly impossible for those that are middle class. Yet I would also question what they includ...
That’s a shocking and tragic number for a region that’s home to some of the richest people in the world. At last, the problem became so acute--and so visible--that Los Angeles took extraordinary action. The citizens of this county voted in November 2016 and again in March 2017 to ...