Richard's Real Estate and Urban Economics Blog

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.

Monday, October 21, 2019

Thinking about metrics comparing countries for both average living standards and equality of living standards.

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A healthy debate  is happening about whether the standard measure of national economic well-being--per capita GDP--is sufficient for that p...
Thursday, September 05, 2019

Mortgage Spreads are Rising (although maybe it's a blip).

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I check out mortgage rates at least once a week, because, well, it is my job to know what they are.  Recently, I have been expecting to s...
Tuesday, August 27, 2019

Robustness in Economics and Econometrics: Interview with William "Buz" B...

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This took me back (with pleasure) to my graduate school days.  I have been privileged to learn from many amazing people, but I think I le...
Monday, August 26, 2019

By world standards, the middle class in the US still does very well

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After reading Biyamen Applebaum's thought-provoking piece in the NYT today, I thought about how economists measure well-being, and how...
Sunday, August 11, 2019

The median male earner--the top line overstates progress

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Has the median man made progress economically since 1980?  Not really.  While male median income rose (in 2017 $) from $35,589 to $40,396, ...
Sunday, August 04, 2019

1984: Something happened to Rent CPI

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Using one of the world's most useful websites, FRED , I drew a graph of rent CPI and all CPI going back to the beginning of the series....
Friday, August 02, 2019

Should young people borrow to get their 401(k) match?

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I think the answer is yes.  Suppose you are a young person, early in your earnings years.    Your employer offers you a one to one 401(k) m...
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Richard Green
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