Richard Green is a professor in the Sol Price School of Public Policy and the Marshall School of Business at the University of Southern California.
This blog will feature commentary on the current state of housing, commercial real estate, mortgage finance, and urban development around the world. It may also at times have ruminations about graduate business education.
At 4.67% (based on Case-Shiller) it is it at its highest point since 2000. With mortgage rates as low as they are, this implies people think rents are going to fall for awhile.
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