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.

Sunday, November 30, 2008

Terrorists can't stand the best of us

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Suketu Mehta writes about how to respong to the Mumbai terrorists: "But the best answer to the terrorists is to dream bigger, make eve...
Thursday, November 27, 2008

John Taylor insists that Permanent Tax Cuts are the answer

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In doing do, he leans on the permanent income and life-cycle hypotheses. While these are totems of economic theory, they do not stand up p...
1 comment:
Sunday, November 23, 2008

FDR explains how liquidity crises happen

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Worth a listen. He had been in office for a week when he gave this fireside chat. 
1 comment:
Saturday, November 22, 2008

Public Works

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I watched President-Elect Obama's weekly address this morning on You-tube, in which he called for a massive public works programs to hel...
5 comments:
Friday, November 21, 2008

Brad Delong Blogs on Luck and Laptops

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Both of this posts his morning hit me where I live. Although Brad writes about blogger luck, those of us with tenure at good universities ar...
3 comments:
Thursday, November 20, 2008

Dick Cavett is a national treasure

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His piece on Sarah Palin is hilarious .  It also brings to mind: (1) There are many things about my parents for which I am grateful.  One w...
2 comments:

Practical Greenhouse Gas Reduction/Transportation

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Today Duncan Black states that cars are useful things .  Duncan Black also lives in central Philadelphia and does not own a car.  Cars simpl...
2 comments:

Bad manners

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I was on a panel of four people yesterday.  We were all told to speak for 10-12 minutes; one person spoke for 25.  It was the second time I ...
2 comments:

In defense of mortgage backed securities

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Some time ago, Susan Wachter and I wrote an article about (among other things) the history of the US mortgage market. One of the points of...
4 comments:
Wednesday, November 19, 2008

More on regional differences

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As much as I love California, I do prefer Five Guys to In-and-Out Burger.
4 comments:
Tuesday, November 18, 2008

This morning on NPR

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I am interviewed about the mortgage crisis. http://media.vmsnews.com/MR.pl?id=111808-896263-U001574416
Sunday, November 16, 2008

Biggest Loser since 1950

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The New York Times this morning had a story about the unhealthiest city in the United States: Huntington, West Virginia . The story was dis...
6 comments:
Saturday, November 15, 2008

Larry Summers for Treasury

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I met (as in had a brief conversation with) Larry Summers once. It was in 2000, and the setting was a cocktail party for business people in...
3 comments:

Regional Attitudes

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This week I had dinner with a real estate executive. As it happens, he graduated a year ahead of me from the same snooty, suburban Boston c...
3 comments:
Thursday, November 13, 2008

I am Gloomy about the future of Shopping Centers

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At the Urban Land Institute meeting in Miami a few weeks ago, I gave a presentation on the future of retail real estate . The Quick Points:...
3 comments:
Wednesday, November 12, 2008

On my Reading List for 2009

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Matt Kahn came over from UCLA to give a talk yesterday. He plugged his new book with Dora Costa: Social Science and the Civil War. Doesn...
2 comments:
Tuesday, November 11, 2008

I think I have a new hero

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Her name is Michelle Rhee. From today's WSJ : The school system is doing "an abysmal job," said Ms. Rhee, who has been on the...
6 comments:

Transit Authority Thinking

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The person who runs Los Angeles Metro was on KPCC the other day, to discuss what Metro will do with funds raised through Proposition R--a pr...
2 comments:
Sunday, November 09, 2008

Streets

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John Norquist was Milwaukee's mayor for many years, and he was a good one. One of the things I liked about him was that he was willing ...
5 comments:
Saturday, November 08, 2008

Brad Delong explains why things will get better

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He writes : Here are the talking points for Obama-Biden administration personnel selections. They have the added advantage of being true: ...
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Richard Green
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