University of Southern California

News

USC Students Engage Children Every Week

|

Now in its third year, ENGAGE has been helping make a positive difference each week in the local community, providing dinner, structured homework time, guest speakers, field trips and activities for neighborhood children. The program began when then-USC graduate students Jesus Diaz and Renee Burwell noticed a dearth of after-school programming for local children. Burwell is an alumna of the USC School of Policy, Planning, Development, having earned her MPA degree in '08.

Fannie to Let Troubled Borrowers Lease Back Homes

|
November 6, 2009

The Los Angeles Times quoted SPPD Professor Richard Green in an article about mortgage giant Fannie Mae, which announced that it would allow people who are losing their homes to foreclosure to lease those properties back for up to a year at market rental rates. "This is a very wise business decision because these loans are underwater, and they are not going to get all of the money," said Green, director and chair of the USC Lusk Center for Real Estate. "Fannie has an incentive to keep the homes reasonably maintained because they are going to want to sell them one day."

Commercial Property Market Predicted to Hit Bottom

|
November 5, 2009

The Los Angeles Times quoted SPPD Professor Richard Green in a story stating that the commercial real estate industry is expected to hit bottom in 2010. Green said that real estate industry leaders who are meeting at the Urban Land Institute's annual gathering in San Francisco are more optimistic than they were at this time last year, because they can see the reckoning finally on the horizon. Green, who directs the USC Lusk Center for Real Estate, added that he isn't sure whether bankers will do what he thinks they should. "One thing that is worrisome is that banks are still delusional," he said, adding that they are extending weak loans while hoping for a turnaround that will preserve older, higher property values.
November 5, 2009

The Los Angeles Times quoted SPPD Assistant Professor Elizabeth Currid in an article about real estate agents holding public open houses for homes valued at more than $10 million. Currid said that having people going through desirable properties has a positive spillover effect. "It's like gallery openings. The art may not be bought on the walls, but it bumps up people's interest. You are generating buzz," Currid said. "Yes, you take the risk of real estate tourists showing up at a $25-million open, but the flip side is those people may start thinking about their own homes. You plant the seed that it is worth it to look at the real estate market again."

Getting the Goods on a Moving Dilemma

|
November 4, 2009

More than 200 experts from the world of goods movement converged on the National Urban Freight Conference, which was organized by the METRANS Transportation Center, to discuss critical issues ranging from traffic to logistics to pollution. METRANS, a research partnership between USC and Cal State Long Beach, is directed by USC School of Policy, Planning, and Development professor Genevieve Giuliano.

Melnick on Loma Linda Health Center's Purchase in Medical Group

|
November 4, 2009

The Contra Costa Times quoted SPPD Professor Glenn Melnick in an article about Loma Linda University Adventist Health Sciences Center acquiring a minority interest in EPIC Management, a Redlands-based physician group management company. The financial performance of medical groups has weakened in the least 18 months, and as a result many are seeking buyers, Melnick said.

Little Discusses New Laws to Overhaul Water System

|
November 4, 2009

The New York Times quoted SPPD Senior Fellow Richard Little about the new water package that would lead to a sweeping overhaul the state's troubled water system. "This is the most comprehensive water resources action that California has taken since the state water project in the '60s," Little said. "First of all, there is so much in it. And for the first time, they are tying ecosystem enhancement and environmental restoration directly to the infrastructure. Before, we always planned the projects and then mitigated the impacts. Now it is all on co-equal footing." The Riverside Press-Enterprise also quoted Little on the subject.

SPPD Grad Wins Award for Best Dissertation

|
November 2, 2009

USC School of Policy, Planning, and Development alumna Anupama Mann recently received the Gill-Chin Lim Award for the best dissertation on international planning for her thesis, "A Megaproject Matrix: Ideology, Discourse and Regulation in the Delhi Metro Rail." The award is given by the Global Planners Educators Interest Group at the Association of Collegiate Schools of Planning.

Jeffe Discusses Newsom's Withdrawal from CA Governor Race

|
November 1, 2009

The Los Angeles Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe about San Francisco Mayor Gavin Newsom dropping out of the California gubernatorial race. "Voters are a little chary of electing another novice," Jeffe said. "Where are you going to get that experience? In one of those six-year Assembly people who have nowhere else to go? I don't think so."

Study Examines Effectiveness of English Language Classes

|
October 29, 2009

The Los Angeles Times cited research by the Tomas Rivera Policy Institute at USC which stressed the importance of getting students out from under the designation of "English-language learner" before they enter high school, when the chances of dropping out increase. "The United States has never learned what is the best way to teach English to English learners," said SPPD Professor Harry Pachon, president of the institute. "That's really a shortcoming." The research was also featured by National Public Radio's "All Things Considered," the Associated Press, the Los Angeles Daily News, and La Opinion.

Center for Economic Development Gets Grant

|
October 28, 2009

The USC Center for Economic Development was awarded a two-year $750,000 grant from the U.S. Department of Commerce's Economic Development Administration to broaden the scope of the center's applied research and outreach initiatives. The center is housed at the USC School of Policy, Planning, and Development.

SPPD Dean Visits Capitol Hill

|
October 27, 2009

Jack H. Knott, dean of the USC School of Policy, Planning, and Development, met with congressional staffers on Oct. 14 in the offices of Rep. Brian P. Bilbray (R-Carlsbad) and Sen. Dianne Feinstein (D-Calif.) about federal hiring practices and federal internship programs.

Jeffe Comments on Media's Treatment of Obama

|
October 27, 2009

The Wall Street Journal quoted SPPD Senior Fellow Sherry Bebitch Jeffe in a story on how the media seem to be easier on President Obama than former President George W. Bush. "There may well be almost an unconscious effort on the part of the media to give Obama a bit more slack because he is more likable, because he is the first African-American president. That plays into it," Jeffe said.

Comedians Now Getting Laughs Out of Obama Jokes

|
October 26, 2009

The Christian Science Monitor quoted SPPD Senior Fellow Sherry Bebitch Jeffe in a story on how comedians are finally getting laughs out of President Obama jokes, nine months after his inauguration. Jeffe said that comic sketches such as those on "Saturday Night Live" have more power today because they live in cyberspace forever. "Back when Chevy Chase made Gerald Ford into a bumbling idiot, you either saw it on TV or you read about it," Jeffe said. "But it didn't play forever. Now people send these links to all their friends and it has a whole new, secondary life that people talk about more." The danger is that people will lose sight of what comedians actually do -- namely, work for a laugh, Jeffe said. "Shows like 'SNL' are perceived to be part of the liberal media establishment, so when they use the president to get a laugh, it's perceived as some sort of betrayal."

Jeffe Weighs in on Pelosi's Political Balancing Act

|
October 26, 2009

Politico ran an op-ed by SPPD Senior Fellow Sherry Bebitch Jeffe about Speaker Nancy Pelosi's struggle to keep all political factions happy, even if that means bucking her own party's president. "Today, there's a lot more attention paid to what congressional leaders do and say. Smoke-filled rooms have been replaced by the 24-hour news cycle, blogs, Facebook and Twitter. That makes compromise harder and leadership (on either end of Pennsylvania Avenue) an often helter-skelter proposition," Jeffe wrote. "There is irony in all of this tumult. Pelosi may be playing to her crowd -- independent of Obama's wants -- to solidify her base. But in the end, everything Pelosi wants to accomplish depends, to a large extent, on the president. For her to be successful, Obama needs to be successful."

Ferris on $100 Million Gift to Children's Hospital

|
October 23, 2009

The San Francisco Chronicle quoted SPPD Professor James Ferris in a story about a $100 million gift received by Stanford University's Lucile Packard Children's Hospital. "It's unusual partly because there's so few of those large gifts happening today," Ferris said. "A few years ago, it wouldn't have been that unusual." Ferris is director of the USC Center on Philanthropy and Public Policy.

Green Discusses Tax Credit for First-Time Homebuyers

|
October 23, 2009

KPCC-FM interviewed Richard Green, director and chair of the USC Lusk Center for Real Estate, about the $8,000 federal tax credit for first-time homebuyers. It's hard to know whether the credit has helped the market, said Green, professor at SPPD. "Did it just move sales that were going to happen anyway next year forward to this year? Like when the Cash for Clunkers program went away and car sales went back down to where they were before." The San Francisco Chronicle also covered the story.

Green Discusses Banks' Efforts to Minimize Foreclosures

|
October 21, 2009

The Los Angeles Times quoted Professor Richard Green on how banks are responding to government pressure to scale back repossessions of troubled properties. "I don't think people are saying it to each other, but they're seeing it's in nobody's interest to have mass foreclosures," said Green, director of the USC Lusk Center for Real Estate.

Ross Comments on Commercial Development Industry

|
October 17, 2009

The Orange County Register ran a Q&A with Stan Ross of the USC Lusk Center for Real Estate on the commercial development industry, which has suffered from defaults and bankruptcies. "The commercial sector has not yet fully seen the impact of illiquidity in the capital markets. As a result, we haven't seen the full magnitude of defaults or foreclosures yet in the marketplace," Ross said. "Some of these institutions that were holding or buying these securities will run into some serious problems with respect to liquidity and capital requirements. They will either have to be restructured, taken over or look for new equity capital to continue on. The impact on the economy could be a further loss of some institutions and a continued slowdown of new development."

Jeffe Examines Clinton's Involvement in CA Politics

|
October 17, 2009

The Huffington Post ran an op-ed by SPPD Senior Fellow Sherry Bebitch Jeffe about former President Bill Clinton's endorsement of California gubernatorial candidate Gavin Newsom. "The intervention of a former president in California politics, so visibly and actively, was unprecedented," Jeffe wrote. Clinton may have been motivated by the fact that Newsom's opponent is Attorney General Jerry Brown, she added. "The bad blood between Clinton and Brown goes back to 1992, when Brown kept beating up on Clinton, the last candidate actually standing in the Democratic presidential race, distracting Clinton's political operation from gearing up for the general election," Jeffe wrote. This column originally ran on USC's Politics and Society Web site.

SPPD Student Writes on "Transportation Demand Management" in APA Journal

|
October 17, 2009

The New Planner, an online publication for and by student members of the American Planning Association, featured an article in its Fall 2009 issue written by Alan Huynh, a senior in the urban planning program at SPPD. His article is titled "The Importance of Transportation Demand Management."

Green Discusses Difficulties for First-Time Homebuyers

|
October 17, 2009

The Bakersfield Californian quoted Richard Green of the USC Lusk Center for Real Estate in an article about first-time homebuyers. Green said that banks don't have the staffing capacity to move a lot of inventory through the foreclosure process quickly, particularly when properties are owned by investors with competing liens. He added: "Appraisers are scared to death of getting sued if a home turns out to be worth less than they said, so they're being extremely conservative."

Green Discusses Record Number of U.S. Foreclosure Filings

|
October 15, 2009

The New York Times cited SPPD Professor Richard Green about U.S. foreclosure filings, which climbed to a record high in the third quarter as lenders seized more properties from delinquent borrowers. "The problem is prime loans going into foreclosure and people being underwater and losing their jobs," Green said in a Bloomberg News story. "It's a really bad number." Green is director and chair of the USC Lusk Center for Real Estate.

SPPD's Goldman Named to Institute of Medicine

|
October 15, 2009

Dana Goldman, a professor with the USC School of Policy, Planning and Development, has been named to the Institute of Medicine -- one of the highest honors in the fields of health and medicine. Goldman directs the newly-created Leonard D. Schaeffer Center for Health Policy and Economics.

Green: So. Cal Home Prices 'Fundamentally at a Bottom'

|
October 14, 2009

The Los Angeles Times quoted Professor Richard Green about the Southern California housing market, which last month in some areas showed an increase in median home sale prices for the first time since 2007. "I think prices are fundamentally at a bottom," said Green, who the USC Lusk Center for Real Estate. "There could be some weakness in the next year that brings things back down a little bit. I wouldn't be jumping for joy yet, but these numbers are not bad."

Little Examines Feasibility of 710 Freeway Tunnel

|
October 14, 2009

KPCC-FM interviewed SPPD Senior Fellow Richard Little in a story on the feasibility of a tunnel for the 710 freeway through Mt. Washington. "The tunnel is feasible from an engineering and financial standpoint, and if by taking the surface route off the table you could make that move forward, it seems to me to be a good thing to do," said Little, who directs the USC Keston Institute for Public Finance and Infrastructure Policy. "I think tunnel-boring has come a long way. This isn't the old excavation method. It's a very elaborate but well established process."

Goldman Interviewed about Health Care Reform

|
October 12, 2009

American Public Media's "Marketplace" interviewed Professor Dana Goldman about current health care reform efforts. "This is a rather historic effort to provide insurance to most Americans. But this is not an effort to do anything on cost containment," said Goldman, director of the USC Schaeffer Center for Health Policy and Economics. Rather than being paid based on the quantity of services they provide, doctors should be rewarded for using treatments that save money and lives, Goldman added. "If the patient does well, then the hospital gets paid, the doctor gets paid," Goldman said. "And if the patient doesn't do well, then they're going to have to bear the cost. And ultimately, that would've been a really valuable change."

Roski Discusses NFL Stadium Plans at SPPD Event

|

Ed Roski Jr., chairman and CEO of Majestic Realty Co. and president of the USC Board of Trustees, gave a behind-the-scenes look at the proposed NFL stadium during a special event presented by the SPPD Athenian Society at Pacific Palms Resort in the City of Industry. The Athenian Society is the premiere donor group of the USC School of Policy, Planning, and Development.

Jeffe Weighs in on CA Republican Gubernational Contest

|
October 8, 2009

The San Jose Mercury-News quoted SPPD Senior Fellow Sherry Bebitch Jeffe about a recent poll showing that California Republican gubernatorial candidate Tom Campbell is running neck and neck with billionaire Meg Whitman. "It's really interesting that Campbell is so close with no money and not much name recognition," Jeffe said. "But it's also clear that the campaign really hasn't begun to catch the broad attention of Californians."

Lewis on Sale of Expired Food at LA Grocery Stores

|
October 8, 2009

The Los Angeles Times cited a study led by SPPD Teaching Associate Professor LaVonna Lewis which found that one in three grocery stores in low-income Los Angeles neighborhoods often sells expired food. "It's a quality question," Lewis said. "Shouldn't people have access to fresh, healthy foods no matter where they live? It's also a resource question. If you have limited resources, aren't those resources used less effectively if the food you purchase in your neighborhood is quickly out of date?" Future studies will try to determine whether expired food products are found more often in low-income areas, Lewis said.

CA Housing Market May be at Bottom, Green Says

|
October 7, 2009

The Ventura County Star quoted Professor Richard Green in a story about experts predicting a gain in the California housing market in 2010. Green, who directs the USC Lusk Center for Real Estate, said he is 70 percent sure the housing market is at the bottom and is expecting the market to move along with relatively little change in sales and median price for a couple of years. The positives should outweigh the negatives next year, but "I don't expect to see a boom any time soon," he said.

Jeffe Comments on California Gubernatorial Race

|
October 6, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the California gubernatorial candidates. Jeffe said that Republican Tom Campbell, a former congressman and state senator, has less campaign money to work with than some of the other candidates but is the most well-versed in the details of budgets and government. Californians need someone with that experience, she added.

DPPD Student Melekian to Head Justice Department's COPS Program

|
October 5, 2009

The Los Angeles Times noted that Pasadena Police Chief Bernard Melekian, who is a doctoral of policy, planning, and development student at SPPD, will retire from his post to head the U.S. Department of Justice's Community Oriented Policing Services (COPS) program in Washington, D.C. U.S. Attorney General Eric Holder made the announcement Oct. 5 during a national police leaders meeting in Denver, according to the story.

Myers Discusses Recent Drop in Asian Homeownership

|
October 3, 2009

The Pasadena Star-News quoted Professor Dowell Myers about new data suggesting that Asian Americans have been hit hard by the housing crisis. Asian homeownership dropped 1.24 percentage points to 59.4 percent last year, the largest fall in homeownership among the nation's ethnicities, the story reported. About one-third of the U.S. Asian population lives in California, which could explain the homeownership drop, Myers said. "Asians are newer into the housing market. They increased [in homeownership] more from 2000 to 2008 than most other groups," Myers said. As newer buyers, they would have been more impacted by the housing crisis than more established homeowners were, he explained.

Jeffe Examines Fundraising Efforts in CA Gov. Race

|
October 2, 2009

Variety quoted SPPD Senior Fellow Sherry Bebitch Jeffe in an article on the fundraising efforts of Gavin Newsom and Jerry Brown, who are seen as the gubernatorial frontrunners for the California Democratic Party. "We are talking about California," Jeffe said, referring to the use of filmmaker Roman Polanski's case in the governor's race. "I think it is going to be a minor issue for anyone who is running. The people who are going to be totally up in arms aren't going to vote for a Democrat, anyway."

Registered Traveler Program May Depend on Southers

|
October 1, 2009

The Wall Street Journal mentioned SPPD Adjunct Professor Erroll Southers in a story about efforts to revive a national Registered Traveler program. According to the story, the resurrection of such a program could depend on Southers, who was recently nominated to head the Transportation Security Administration. Southers would have to support the decision to implement such a program, the story noted.

SPPD Experts Examine Impact of Prop. 13

|
September 30, 2009

La Opinion quoted Professor Richard Green and cited research by Professor Dowell Myers in a story about Proposition 13, which limits property tax rates. Most economists and experts agree that property tax is a less regressive option compared with sales tax, said Green, who is director and chair of the USC Lusk Center for Real Estate. Myers, who has studied the subject, said that Proposition 13 needs reform because new generations will buy homes at higher prices and pay more taxes than previous generations. Young people will subsidize those who paid less for older homes, he explained.

Jeffe on Senate Candidate's Absence at Convention

|
September 29, 2009

The Fresno Bee quoted SPPD Senior Fellow Sherry Bebitch Jeffe about former Hewlett-Packard CEO Carly Fiorina, a Republican challenger for Sen. Barbara Boxer's U.S. Senate seat. Fiorina didn't attend the Republican convention in Indian Wells this past weekend, citing ongoing cancer treatments. The story included speculation that Fiorina, considered a moderate Republican, didn't attend because she wanted to avoid conservative Republicans. "Whatever the reason [Fiorina] didn't go, I think she was better off not being there," Jeffe said. "The Republican convention was certainly not the most friendly crowd for Fiorina."

Study Finds Expired Food Sold in Low-Income Areas

|
September 29, 2009

La Opinion cited a study led by SPPD Teaching Associate Professor LaVonna Lewis which found that one in three grocery stores in low-income Los Angeles neighborhoods often sell expired food. Over the course of a year, data was collected during regular visits to supermarkets. In 18 percent of purchases, three products were found unfit for human consumption. We try to give people access to healthy food, and quality food can be found no matter what part of the city a person lives in, Lewis said.

Lewis Discusses Expired Food Sales Across L.A. Markets

|
September 29, 2009

ABC News cited a study led by SPPD Teaching Associate Professor Lavonna Lewis which found that one in three grocery stores in low-income Los Angeles neighborhoods often sells expired food. But the researchers also found expired food on shelves in "the posh suburbs along the beaches to the west of Los Angeles," the story stated. "It's an issue that is more widely distributed than I had thought," Lewis said. While some expired food is sold at a "manager's special" discount, Lewis said she isn't 100 percent convinced that the food is safe. "We don't think people are making informed choices, because the information is so hard to find," she explained. "The consequences may be greater in south Los Angeles because of a low health status."

Kodama's Transportation Planning Work Featured in Chronicle of Higher Ed

|
September 28, 2009

The Chronicle of Higher Education featured SPPD Adjunct Associate Professor Michael Kodama and his work in transportation planning. Kodama was recently named executive director of the Orangeline Development Authority, charged with planning a high-speed rail system that will link 14 cities through Southern California. The story highlighted Kodama's transportation planning class, in which he requires his students to travel an assigned route on a commuter train and write an essay about the experience. Kodama also requires his students to develop their own public transit projects, which they discuss with transportation professionals and present to the class. Board members viewed Kodama's teaching background as a plus when they chose him to direct the project, said the development authority's chairman. "I've been involved with a lot of different transportation projects and they all find their ways back into the classroom," Kodama said. "Teaching is enjoyable and rewarding -- and I get to see where some of the students end up. I still run into quite a few of them."

Little Discusses L.A.'s Recent Water Main Ruptures

|
September 28, 2009

The New York Times quoted SPPD Senior Fellow Richard Little of the USC School of Policy, Planning, and Development in an article on recent water main breaks around Los Angeles. "I am one person who thinks there is something odd going on here," Little said, referring to a theory that fluctuations in water pressure related to the city's conservation efforts could be putting added stress on the city's pipelines. Little is director of the Keston Institute for Public Finance and Infrastructure Policy.

Prop. 13 Typically Works against Newer Homeowners, Myers Says

|
September 28, 2009

The Riverside Press-Enterprise featured a report by Professor Dowell Myers on Proposition 13, which limits property tax rates for existing homeowners. Myers wrote that Proposition 13 has typically worked against newer homeowners, who have had to pay thousands of dollars a year more in property taxes than neighbors who have owned similar homes for several decades. Myers added that the pain is worst for the two million Californians who bought houses during the price bubble between 2003 and 2007, then saw the price of their property tumble by about 40 percent.

Schuetz Discusses Street-Level Commerce in NYC's Union Square

|
September 27, 2009

New York quoted SPPD Assistant Professor Jenny Schuetz about street-level commerce in the Union Square area of New York City. Schuetz said that the Greenmarket, a weekly farmers market, acts as a destination that attracts people who are likely to make a day of it, shopping for shoes or clothes, having coffee or lunch, maybe going to the movies beforehand. "Once you have the stalls set up for this type of open-air shopping, people are more likely to see the little businesses on the periphery as extensions of a larger market," Schuetz explained.

Redfearn Analyzes Economic Factors in Housing Recovery

|
September 26, 2009

The Orange County Register quoted SPPD Associate Professor Christian Redfearn about the economic factors that are keeping the real estate market bottom at bay. "[There] is the sharp distinction between activity at the low and high ends of the market. At the low end, financing is available. For example, I heard from a developer in Beaumont that he'd had a successful sale of new homes, but that all of the buyers were FHA borrowers. There are no parallel programs for jumbo mortgages on higher end homes," Redfearn said.

Study Looks at Expired Foods in Low-income Areas

|
September 25, 2009

A USC study has found a good reason to check the expiration date on market foods. Researchers, working with residents in lower-income areas of Los Angeles, counted at least one expired poultry, beef or dairy product in about a third of the store visits made over a one-year period. USC School of Policy, Planning, and Development professor LaVonna Lewis presented some of the project's data at the 2009 California REACH US Conference.

Little Comments on Water Main Breaks in L.A.

|
September 24, 2009

MSNBC quoted SPPD Senior Fellow Richard Little about water main breaks in Los Angeles. The story cites changes in water use resulting from rationing rules as a possible cause. "Potentially it could cause a surge in flow," Little said. "Couple that together with old brittle pipes and that's not a good recipe." This was an Associated Press story. Little is director of the Keston Institute for Public Finance and Infrastructure Policy.

Dana Goldman to Head Schaeffer Center

|
September 24, 2009

Dana Goldman, a widely respected expert in health economics, has been named director of the new Leonard D. Schaeffer Center for Health Policy and Economics at USC, according to an announcement from USC Executive Vice President and Provost C. L. Max Nikias. Goldman most recently served as director of the RAND Corp.'s Health Economics, Finance and Organization Division.

Jeffe Analyzes Candidates' Stances on Public Safety

|
September 23, 2009

The Sacramento Bee quoted SPPD Senior Fellow Sherry Bebitch Jeffe on how gubernatorial candidates are responding to the problem of prison overcrowding in California. With voters reminded of the alleged crimes of parolee Phillip Garrido in the Jaycee Lee Dugard case, the tendency for candidates is to tack right for fear being labeled soft on crime, Jeffe said. "The candidates are only worried about the fallout," Jeffe said. "All candidates are somewhat boxed in on the center-right when it comes to public safety."

New Health Policy and Economics Center at USC

|
September 23, 2009

A major new research center focused on health policy and economics has been established at USC, Executive Vice President and Provost C. L. Max Nikias announced. The center is funded by a $1.2 million operating gift from health care industry leader Leonard D. Schaeffer and his wife, Pamela. The Leonard D. Schaeffer Center for Health Policy and Economics is a collaboration between the USC School of Policy, Planning, and Development and the USC School of Pharmacy.

Goldman Analyzes Medical Malpractice Reform

|
September 22, 2009

The New York Times cited SPPD Professor Dana Goldman in a story about the impact of medical malpractice on health care costs. "It is one of the things we need to address if we want to bend the cost curve," Goldman said. "But it's not going to solve the problem." The Wall Street Journal also quoted Goldman, who heads USC's Schaeffer Center for Health Policy and Economics.

Melnick on Whether Reform Will Curb Health Costs

|
September 21, 2009

The Sacramento Bee quoted Professor Glenn Melnick on whether the current health care reform proposals will curb escalating medical costs. The proposed plans contain vague notions of improving efficiency and increasing competition, Melnick said. However, there's no guarantee that a government-run insurance plan or other overhaul proposals will bring costs down, he added.

USC Experts Analyze L.A.'s Recent Water Main Breaks

|
September 19, 2009

The Los Angeles Times quoted SPPD Senior Fellow Richard Little and Jean-Pierre Bardet of the USC Viterbi School about recent water main breaks around Los Angeles. Little and Bardet theorize that the city's watering restrictions, limiting watering to two specific days a week, may have something to do with the breaks. "As Sherlock Holmes used to say, when you eliminate everything, whatever is left is the reason... . If the pipe wasn't bad, and it [wasn't seismic activity] and it wasn't a funky contractor, well, what you've changed is this twice-a-week surge flow because of watering restrictions," said Little, director of the Keston Institute for Public Finance and Infrastructure Policy. Bardet began informally consulting with Department of Water and Power officials last week on the water main problem, the story reported. Bardet said that rationing should be examined, but questioned why other cities with similar programs haven't seen a surge in blowouts. Fox News Los Angeles affiliate KTTV-TV and ABC News Los Angeles affiliate KABC-TV also covered the story.

Myers Speaks on Housing, Density in Pasadena

|
September 19, 2009

Pasadena Star-News reported that Professor Dowell Myers was one of the speakers at a discussion on housing and density on Pasadena. The story stated that Myers, a leading expert on the economic impact of baby boomers, discussed boomer house-buying habits during the housing boom and bust. Myers provided statistics showing that the next peak in home buying should occur among the generation that is currently 18 years old.

Green on Impact of Aging Housing on L.A. Market

|
September 19, 2009

The Orange County Register ran a Q&A with SPPD Professor Richard Green on how the aging of housing in the Los Angeles area impacts the housing market. "Some of the areas with this [older] housing have already been redeveloped, but a drive immediately west of USC and east of downtown reveals lots of redevelopment opportunities," Green said. "If governments are serious about Transit Oriented development, we will see denser redevelopment along the Gold Line that is about to open, and the Exposition Line that is scheduled to open next year." Green is director and chair of the USC Lusk Center for Real Estate.

SPPD Hosts San Antonio Chamber of Commerce

|
September 16, 2009

The USC School of Policy, Planning, and Development hosted members of the Greater San Antonio Chamber of Commerce this summer in the first stop of the Texas delegation's three-day Los Angeles tour aimed at exchanging information with local civic leaders and experts.

USC Lusk Center for Real Estate Launches New Blog

|
September 16, 2009

Los Angeles Downtown News featured the USC Lusk Center for Real Estate's launch of its new blog, which will focus on trends in finance, urban planning and policies shaping residential and commercial real estate markets worldwide. The center "is responding to a need from real estate decision makers who increasingly turn to social media sites to help them track rapid swings in the global property markets," said Richard Green, director and chair of the Lusk Center.

SPPD Alum Southers Nominated for Federal Post

|
September 16, 2009

Erroll Southers MPA '98 has been nominated by the Obama administration to run the Transportation Security Administration. Southers is an adjunct professor at the USC School of Policy, Planning, and Development, and he also serves as associate director of the USC Homeland Security Center for Risk and Economic Analysis of Terrorism Events.

Jeffe Comments on Clinton's Endorsement of Newsom

|
September 15, 2009

NBC News Los Angeles affiliate KNBC-TV interviewed SPPD Senior Fellow Sherry Bebitch Jeffe in a story about former President Bill Clinton endorsing San Francisco Mayor Gavin Newsom for governor of California. "It does mean something, because the buzz has been that Newsom hasn't gotten traction, and he needed to get some traction," Jeffe said. "Bill Clinton will give Newsom media attention. He will allow Newsom to raise some money. Newsom hasn't been very good at that. But I'm not sure, as one pollster put it today, it upends the Democratic gubernatorial primary." The Los Angeles Wave also covered the story.

Green Explains Economic Obsolescence of Large Homes

|
September 14, 2009

The Wall Street Journal cited an op-ed that Professor Richard Green wrote on the new Lusk Center blog. In a post on the economic obsolescence of large homes, Green wrote that falling incomes could push large-home values below the original construction cost of these homes. With fewer people able to afford larger homes, demand for them may be disappearing or undergoing economic depreciation, he explained. Green is director and chair of the USC Lusk Center for Real Estate.

Green Discusses 'Recipe' for Home Foreclosures

|
September 14, 2009

Bloomberg News quoted SPPD Professor Richard Green about home foreclosures. While loan revamps may prevent some foreclosures, many homeowners facing repossession have prime loans, mortgages considered less risky than subprime loans, and can't make their payments because of job losses, Green said. "When people live in a housing market that's dropped 30 or 40 percent, and they lose their jobs, that's a recipe for default," he added.

Inland Empire Candidates Avoid Using 'Change' Slogan

|
September 13, 2009

The Riverside Press-Enterprise quoted SPPD Senior Fellow Sherry Bebitch Jeffe in a story about Inland Empire political candidates eschewing the word "change" in their campaigns, fearing voter burnout after President Obama's campaign. "Bottom line, he won, so it made the slogan appealing," Jeffe said. But as Obama's popularity numbers continue to slip and his policies come under increased fire, the risk of backlash for candidates attaching themselves to the slogan is higher, Jeffe said, especially in conservative areas of Riverside and San Bernardino counties

Green Comments on Tax Credit for First-Time Homebuyers

|
September 11, 2009

MarketWatch quoted Professor Richard Green about the tax credit for first-time home buyers, which will expire at the end of November. "In terms of how effective it is, I don't think it does any harm at this point," said Green, noting that the number of first-time home buyers is limited. "It's pushing sales forward that would have happened anyway. You're giving money to people who were going to buy anyway."

Lakdawalla Discusses Hidden Costs of Employer-Provided Health Care

|
September 11, 2009

American Public Media's "Marketplace" interviewed Associate Professor Darius Lakdawalla about the hidden costs of employer-provided health care. "They'll go to the drug store, they'll get charged 20 bucks or 40 bucks for their prescriptions. Those kinds of things employees are going to tend to know about," Lakdawalla said. "Oftentimes, they don't really know how much the employer is paying for the health insurance premium." Lakdawalla is director of research at the Schaeffer Center for Health Policy and Economics.

Green Discusses Tips for First-Time Homebuyers

|
September 11, 2009

MarketWatch quoted SPPD Professor Richard Green about the tax credit for first-time home buyers, which will expire at the end of November. "In terms of how effective it is, I don't think it does any harm at this point," said Green, noting that the number of first-time home buyers is limited. "It's pushing sales forward that would have happened anyway. You're giving money to people who were going to buy anyway." Green is director and chair for the USC Lusk Center of Real Estate.

Study: Declining Home Prices Widened Generational Wealth Gap

|
September 10, 2009

The Wall Street Journal featured research by SPPD Professor Dowell Myers. The study found that California's falling home prices have widened the generational wealth gap created by the state's Proposition 13, which limited property tax rates. According to the research, people who recently bought homes have suffered the greatest loss of housing value but are getting the least tax relief. The study concluded that if the price of California property stays depressed for a while, the most recent buyers will suffer the most.

Callahan Named to EPA Advisory Panel

|
September 9, 2009

Richard Callahan, associate dean and director of leadership programs at the USC School of Policy, Planning, and Development, has been appointed to a newly formed advisory board for the California Environmental Protection Agency's Department of Toxic Substances Control.

Green Discusses New Online Real Estate Services

|
September 2, 2009

American Public Media's "Marketplace" interviewed Professor Richard Green about a company that is changing the way real estate agents operate by providing services via the Internet. "Having a model where people examine what's on the market online, and narrow for themselves what they want, it's just not that big a deal," Green said. "You really don't need somebody to drive you around to look for houses that are going to fit your needs." Green is director and chair of the USC Lusk Center for Real Estate.

Jeffe Examines Age as Factor for Voter Appeal

|
August 30, 2009

The Los Angeles Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe in a story on the relative voter appeal of young candidates and older, more experienced ones. "When voters perceive change as too much risk, they pull back, unless they are so fed up they don't care," Jeffe said.

Ferris Dissects Celebs' Impact on Post-Katrina Charity

|
August 27, 2009

CNN interviewed Professor James Ferris about New Orleans-directed philanthropy after Hurricane Katrina. Katrina has generated ongoing charitable interest partly because of the 24-hour news coverage the disaster received, some of which was fueled by celebrity response, Ferris said. "Obviously, that's one of the assets that a celebrity brings to an endeavor. It gets attention; it gets name recognition," he noted. Ferris is director of the USC Center on Philanthropy and Public Policy.

Pachon Explains Increase in Minority Voters in U.S.

|
August 24, 2009

The Santa Fe New Mexican quoted Professor Harry Pachon about a new report showing an increasing number of minority voters in the United States. The changing electorate reflects the current America, Pachon said. "These numbers show that the U.S. has become a multicultural nation," he added. "Before, minority issues were black and white. Now they're multi-ethnic." Pachon is president of the Tomas Rivera Policy Institute, the story noted.

Jeffe Examines Divide over Healthcare Reform

|
August 24, 2009

The Columbus Dispatch quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the White House indicating that it would accept a health care bill without a public option. This has infuriated liberal Democrats who supported Barack Obama's campaign in 2008, the story stated. "These guys on the left invested an awful lot in Barack Obama, and I think they feel as if they own a piece of him," Jeffe said. "He's not delivering from their perspective."

Green Analyzes Rise in Existing Home Sales

|
August 21, 2009

CBS Evening News interviewed USC School of Policy, Planning, and Development Professor Richard Green about recent gains in existing home sales. Nationwide, home sales jumped seven percent, marking the fourth consecutive month that sales increased, the story noted. "I wouldn't be standing up and cheering yet. But things are better than they were six months ago. There's no question about that," he said. Green is director and chair of the USC Lusk Center for Real Estate.

Jeffe Discusses Mayor Villaraigosa's Recent Travels

|
August 20, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe in an article about questions that have surfaced over Mayor Antonio Villaraigosa's recent travel to Iceland and South Africa.

Mitchell Selected to Task Force for Job Creation

|
August 12, 2009

The Los Angeles Wave reported that SPPD Clinical Professor Leonard Mitchell has been appointed to the newly formed 26th District Workforce Development Task Force. The task force is devoted to creating at least 10,000 new jobs in the district by the end of 2011. Mitchell heads the USC Center for Economic Development, the story noted.

Green Explains Attitude Shift with Homeownership

|
August 12, 2009

Minnesota Public Radio's "Midmorning" interviewed Professor Richard Green about changing attitudes toward homeownership amid the recession. "I think if you look 10 years ago or so, people did not particularly look at their house as a way to get rich. They looked at it as a place to live," Green said. "My guess is we're going to reset back to where we were sometime before the late 1990s." At the moment prices have come down so much and interest rates are so low that it's a good time to buy, he added. Green is director and chair of the USC Lusk Center for Real Estate.

Southers Reportedly to be Appointed Head of TSA

|
August 10, 2009

The Daily Breeze reported that the Obama administration plans to appoint SPPD Adjunct Professor Erroll Southers as head of the Transportation Security Administration (TSA). In the position, Southers, MPA '98, would oversee a workforce of 50,000 airport screeners. Southers is a former FBI agent and previously served as deputy director of the California Department of Homeland Security, the story noted.

Sacramento Center Hosts Leadership Program

|
August 7, 2009

The USC State Capital Center welcomed more than 20 senior legislative staff from across the nation for an eight-day leadership and management training program. The goal is to help professionals develop and enhance critical skills such as effective communication, team building, negotiation and conflict resolution. Rich Callahan, associate dean at the USC School of Policy, Planning, and Development, is co-director of the Legislative Staff Management Institute program.

Jeffe Discusses Calls for CA Constitutional Convention

|
August 7, 2009

The Orange County Register quoted SPPD Senior Fellow Sherry Bebitch Jeffe about a proposed ballot measure that would call a California constitutional convention. Given the starting estimate of $60 million to cover convention costs, voters may balk at approving the convention, even though that would be a small part of the state's $84 billion general fund budget, Jeffe said.

Myers Analyzes Falling Homeownership Rates

|
August 6, 2009

USA Today quoted Professor Dowell Myers of the USC School of Policy, Planning, and Development about falling rates of homeownership. "We're returning more to what was normal in the 1960s," Myers said. "People didn't buy homes then as an investment. They bought them to raise families."

SPPD Professor Raphael Bostic Joins HUD

|
August 3, 2009

In his new role as assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development, USC's Raphael Bostic will face a huge task: helping policymakers come up with ways to bring stability back to the nation's housing market. Bostic, a professor at the School of Policy, Planning, and Development, was sworn into his new government position on July 16.

Faculty, Experts Discuss Infrastructure Strategies

|
August 3, 2009

More than 160 leading experts, ranging from USC faculty to government officials and business executives, gathered at USC to address pressing infrastructure challenges facing the Southwest Megaregion, which encompasses Southern California and portions of Nevada and Northern Baja, Mexico. The conference was part of an America 2050 forum, sponsored by the Regional Plan Association, the USC Bedrosian Center and the USC Keston Institute.

Myers Discusses Demographic Shifts, Representation in CA

|
August 1, 2009

The San Francisco Chronicle quoted Professor Dowell Myers about demographic changes in California. No state has changed as much since the late 1970s as California has, Myers said. The state's electorate is becoming less and less representative of its diverse population, which isn't good for democracy, he added.

Myers Analyzes Demographic Shifts in Housing Market

|
July 30, 2009

The Huffington Post quoted Professor Dowell Myers about demographic changes in the housing market. Myers has pointed to a huge sea change in the ratio of buyers and sellers that will put downward pressure on housing values over the next two decades, the story stated. "The baby boom generation has pushed up housing prices over the past three decades, as they steadily moved up the ladder and bought housing," he said. "So people think the last three decades are normal. But at some point boomers will start to cash out."

Green Explains Recent Increase in New Home Sales

|
July 28, 2009

Bloomberg News quoted Professor Richard Green about recent positive housing market numbers. "June is a month that requires a seasonal adjustment," Green said. "You have to be a little bit careful about what the June numbers alone mean. If we see this kind of thing for another four months, perhaps we know we might have something." Green is director and chair of the USC Lusk Center for Real Estate.

A Tribute to U.S. Resilience

|
July 27, 2009

A comprehensive study spearheaded by the USC-based Center for Risk and Economic Analysis of Terrorism Events (CREATE) has determined that the economic impacts of the Sept. 11, 2001 terrorist attack were actually less severe than previously estimated.

California Budget Deal Is One-Time Fix, Jeffe Says

|
July 25, 2009

NBC Nightly News interviewed Senior Fellow Sherry Bebitch Jeffe of the USC School of Policy, Planning, and Development about California's budget deal. "This budget deal is, to some extent, created with chicken wire and chewing gum -- one-time fixes, accounting gimmicks." Jeffe said.

Green Comments on Foreclosure Control Theory

|
July 24, 2009

The Los Angeles Times quoted Professor Richard Green about a theory that lenders are controlling the rate of foreclosures to avoid further overwhelming the market. "That would require a cleverness among lenders we're not seeing in any other dimension," Green said. "If they could coordinate on that they could coordinate better on loan modifications." Green is director and chair of the USC Lusk Center for Real Estate.

Jeffe Weighs in on California Budget Deal

|
July 24, 2009

MSNBC quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the California budget deal, which includes a plan to delay June 30 state employee paychecks by one day so they are paid during the next fiscal year. "It doesn't close the deficit," Jeffe said. "Are they going to next year shift the last paycheck over again? That doesn't solve the problem." This was an Associated Press story.

Pachon Discusses Role of Mexican Consulate in L.A.

|
July 22, 2009

The Los Angeles Times quoted Professor Harry Pachon about the community support role of the Mexican Consulate in Los Angeles. The consulate has long served as a bridge between the U.S. and Mexico, but has become increasingly active in recent years, Pachon said. "It reflects the recognition by Mexico that a significant portion of its people are living in the United States. This is one of a series of steps helping the Mexican consulate be a relevant factor in the community."

Green Discusses Unsuccessful Newhall Ranch Development

|
July 21, 2009

The Los Angeles Times quoted Professor Richard Green about the failed Newhall Ranch development, a poor investment choice which cost the California Public Employees' Retirement System almost $1 billion. "I would have said that Newhall Ranch was going to be a winner," Green said. "If I thought that at the time, criticizing others for doing the same would be unfair."

Jeffe: Long-Term Issues with CA Budget Still Unresolved

|
July 21, 2009

Voice of America quoted SPPD Senior Fellow Sherry Bebitch Jeffe about California's budget deal. The compromise budget provides an immediate fix for the budget shortfall, but doesn't address systemic, long-term problems, Jeffe said. "[This is] bandaids and chicken wire, and we will be back facing this dilemma again," she predicted. "We are no closer, quite frankly, to solving this economic crisis, than we were when the budget was first declared out of balance."

SPPD Faculty Discuss Solutions to L.A. Traffic

|
July 17, 2009

La Opinion quoted Assistant Professor Lisa Schweitzer and Professor James Moore about Los Angeles traffic. The public transit system should be expanded to provide more capacity, Moore said. Schweitzer believes that the best strategy would be to invest in more light-rail lines and carpool lanes, the article noted.

Green Comments on Record Number of Foreclosures

|
July 16, 2009

Bloomberg News quoted Professor Richard Green about U.S. foreclosure filings reaching a record 1.5 million. "People are losing their jobs, seeing their income go down and are underwater on their mortgage," Green said. "It's a toxic combination." Green was also cited by the Washington Independent. Green is director and chair of the USC Lusk Center for Real Estate.

SPPD Fellowship Program Earns ASPA Award

|
July 15, 2009

The L.A. Metro Chapter of the American Society for Public Administration honored the USC City/County Management Fellowship program and its chair, William Kelly MPA '74, with the 2009 ASPA Chapter President's Award, which celebrates significant contributions to public service and developing future leaders. The program is an innovative collaboration between the USC School of Policy, Planning, and Development, alumni executives and the California International City/County Management Association.

Hot Topic: Climate Change Policies

|
July 14, 2009

As the U.S. Congress considers enacting historic "cap and trade" legislation, a new book by research professor Adam Rose provides valuable lessons and reference points in evaluating the economic impacts of climate change policy. Rose is considered to be one of the preeminent scholars in the field, and the book - The Economics of Climate Change Policy: International, National and Regional Mitigation Strategies - represents much of his 20 years of research and involvement in policy design on the many aspects of the subject.

Jeffe Analyzes Scope of Impact of CA Budget Crisis

|
July 14, 2009

NBC Nightly News interviewed SPPD Senior Fellow Sherry Bebitch Jeffe about the California budget crisis. "[T]he eighth largest economy in the world is unable to borrow, is unable to pay its bills, and that will have an impact not only on the state economy, but on the national economy and on the global economy," Jeffe said.

Painter Discusses Lowering Property Tax amid Recession

|
July 9, 2009

SmartMoney quoted Associate Professor Gary Painter in a story on lowering one's property tax amid the recession. If your assessment is based on a higher valuation from several years ago - for example, before 2005, the height of the real estate boom - it may be a good time to get it reassessed, Painter advised. Painter is director of research at the USC Lusk Center for Real Estate.

Jeffe Dissects Senator's Push for Climate Change

|
July 9, 2009

Congressional Quarterly quoted Senior Fellow Sherry Bebitch about Sen. Barbara Boxer, who has adopted a conciliatory approach in order to push a climate change initiative. "She cannot do it alone," Jeffe said. "Rightly or wrongly - and there may be some sexism in this - Boxer doesn't always radiate the image of a team player. To be an iconic figure of the left and to be perceived as not being flexible enough to be a team player is not a good thing."

New Study Reveals Economic Impact of 9/11 Attacks

|
July 9, 2009

City News Service featured a new report from USC's Center for Risk and Economic Analysis of Terrorism Events. The study found that the economic impact of the September 11 attacks was far less than original estimates, at $35 billion to $109 billion, rather than $500 billion. "This is the most comprehensive study to date on the economic impacts of 9/11, and it can be applied towards future planning and preparation in the event of future terrorist attempts," said SPPD Research Professor Adam Rose, the center's coordinator for economics. "It shows that Osama bin Laden's policy strategy to damage the U.S. economy was short-lived in its effects due to the resiliency of the U.S. economy."

Green Discusses Possible Wave of Foreclosures

|
July 7, 2009

KPCC-FM's "Patt Morrison" interviewed Professor Richard Green about a possible upcoming wave of foreclosures. Many lenders temporarily stopped foreclosure proceedings, and the moratorium for many homeowners is about to expire, Green said. "[Y]ou have people who are under water on their mortgage, combined with a bad jobs picture. It's a really toxic combination," he added. Green is director and chair of the USC Lusk Center of Real Estate.

Kodama Appointed to Head High-Speed Train Project

|
July 7, 2009

The Orange County Register noted that SPPD Adjunct Associate Professor Michael Kodama has been named executive director of the project to develop a maglev train system for Southern California. Planners envision an elevated, 110-mile train line between Irvine and Palmdale, with overall costs estimated in the $12 billion range, the story stated.

Labor Secretary Solis Finds 'Influence in Her Past'

|
July 5, 2009

The New York Times highlighted SPPD alum Hilda Solis and her unique road to becoming Secretary of the U.S. Department of Labor. After overcoming many obstacles, Solis, MPA '81, a former four-term congresswoman, has become the first Hispanic woman to serve as a cabinet member, the story noted.

Giuliano, Rhoads Select NY Times Essay Finalists

|
June 30, 2009

The New York Times noted that Professor Genevieve Giuliano of the USC School of Policy, Planning, and Development and USC doctoral student Mohja Rhoads selected the finalists for a Times essay contest on the worst roads in America.

Little Discusses Plan for Express Rail to Las Vegas

|
June 28, 2009

The Las Vegas Review-Journal quoted SPPD Senior Fellow Richard Little about a proposed high-speed train from Southern California to Las Vegas. Some have criticized the plan for locating the terminus in Victorville, 80 miles from Los Angeles, the story noted. "I don't think the Victorville connection is anybody's first priority for doing California's high-speed rail," he said. Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy.

Green Dissects Debt Forgiveness for Homeowners

|
June 27, 2009

The Los Angeles Times quoted Professor Richard Green about the possibility of debt forgiveness for homeowners whose properties are underwater. Green favors debt-for-equity swaps, in which mortgages are refinanced to turn a percentage of the homeowner's loan in to an equity stake for the lender. The need for such strategies is chronic, particularly in places like Riverside County, he said. Green is director and chair of the USC Lusk Center for Real Estate.

Green Comments on Value of Bank Stocks

|
June 25, 2009

BusinessWeek quoted SPPD Professor Richard Green in a widely carried story about bank stocks. Even properties on which borrowers made 30 percent down payments are underwater where property values are down 33 percent to 40 percent, Green noted. "On one hand, regional banks don't want to foreclose and have the property on their balance sheet. On the other hand, everyone's capital-constrained, so they don't want these loans they were planning to be rid of to hang around on their balance sheet because then they can't make new loans." Green is director and chair of the USC Lusk Center for Real Estate.

SPPD Alum DeBeikes Jr. Named to USC Board of Trustees

|
June 24, 2009

Richard DeBeikes Jr., president of the diversified real estate corporation DeBeikes Investment Co., has been elected to a five-year term on the USC Board of Trustees. DeBeikes, a 1978 graduate of the USC School of Policy, Planning, and Development, is also outgoing president of the USC Alumni Association Board of Governors, having served for 2008-09.

SPPD Study Highlights Demographic Changes in CA

|
June 23, 2009

The Sacramento Bee featured a study on California demographics by SPPD's Population Dynamics Research Group. The researchers found declining in-migration, high birth rates and a strong inclination of those born in the state to remain here -- factors which mean that the state will have to look inward for workers rather than relying on immigrants from elsewhere. "California is undergoing profound change from a land of migrants to one with a much more settled population," the researchers reported. "A majority of young adults, and soon the middle-aged, are native Californians whose entire lives have been shaped in the state."

Myers Tapped for California Census Committee

|
June 22, 2009

California Gov. Arnold Schwarzennegger appointed Professor Dowell Myers of the USC School of Policy, Planning, and Development to be part of a newly created census panel that will oversee the upcoming federal census in California.

Jeffe Weighs in on CA Gubernatorial Race

|
June 19, 2009

Variety quoted SPPD Senior Fellow Sherry Bebitch Jeffe about Attorney General Jerry Brown's chances in the California gubernatorial race. "If you asked me four or five months ago, I would say it is a slam-dunk for Jerry Brown," Jeffe said. "I don't believe that anymore. When I talk to my graduate students, if they know anything at all about Jerry Brown, it is 'Gov. Moonbeam.'" CBS Radio San Francisco affiliate KCBS-AM also interviewed Jeffe on the subject.

Nonprofits Boost Civic Engagement with the Internet

|
June 17, 2009

Philanthropy Journal featured research by Assistant Professor David Suarez in a widely carried story. United States nonprofits are increasingly using their Web sites to encourage community engagement and civic participation, Suarez found. Regulations dictate much of what nonprofits may do in the advocacy field, but many are finding it legal to use the Internet to boost civic engagement, according to the study. "Websites provide a novel opportunity for nonprofits to scale their social impact and expand their civic purpose," Suarez said.

Currid Discusses Artists' Economic Contributions

|
June 16, 2009

Borsen (Denmark) featured Assistant Professor Elizabeth Currid and her research on artists' economic contribution to urban areas. In her book "The Warhol Economy: How Fashion, Art and Music Drive New York City," Currid warns that the rising cost of living in New York is driving out artists who are essential to the city. If new waves of young artists can't afford to move to the city, in a few decades it won't be the culturally interesting place it is now, Currid said. A second Borsen (Denmark) story also featured Currid's work.

Gordon Advocates Rational Pricing of Highway Space

|
June 15, 2009

The Los Angeles Times ran an op-ed by Professor Peter Gordon about congestion pricing. "The fairest and most cost-effective option in urban transportation is rational pricing of highway space," Gordon wrote. "[P]eople in all walks of life value the time they save if and when they choose to pay the toll."

Green Comments on Impact of Rising Home Prices

|
June 14, 2009

BusinessWeek quoted Professor Richard Green about the impact of rising home prices on homeowners. If prices were to go up everywhere, it wouldn't help the homeowner, since he or she couldn't afford to buy a new home in the same market, Green explained. "The only way you can benefit is if you sold a house in California in 2006 and moved to Alabama." Green is director and chair of the USC Lusk Center for Real Estate.

Jeffe Analyzes California's Economic, Political Crises

|
June 14, 2009

BBC Radio's "Americana" interviewed SPPD Senior Fellow Sherry Bebitch Jeffe about the economic and political crises in California. "I hate to use this little cliché, but it is the perfect storm," Jeffe said. "It is the state's economy going in the tubes, it is the national economy going in the tubes, it is what we call 'ballot box budget,' the absolute rigid partisanship, and the meanness that you see up in Sacramento."

Green: Long-Term Outlook for Housing Is Very Positive

|
June 12, 2009

The Wisconsin State Journal featured the keynote speech by Professor Richard Green at the conference "Housing Outlook 2010: Continued Crisis or Recovery?" "Finding the bottom is really key to getting out of this mess and I do think we're close," Green said. "The long-term outlook for housing is very positive." Green is Director and Chair of the USC Lusk Center for Real Estate.

Study: Nonprofits Promote Civic Engagement

|
June 11, 2009

Nonprofit groups are becoming increasingly active through the promotion of causes on their online sites and serving as bridges of civic engagement, according to a new study by David Suarez, assistant professor at the USC School of Policy, Planning, and Development.

Green to Serve as Keynote Speaker at Housing Conference

|
June 11, 2009

The Capital Times reported that Professor Richard Green will be keynote speaker at "Housing Outlook 2010: Continued Crisis or Recovery?", a conference at the University of Wisconsin-Madison. Green is Director and Chair of the USC Lusk Center for Real Estate.

Giuliano, Rhoads to Judge NY Times Essay Contest

|
June 9, 2009

The New York Times reported that Professor Genevieve Giuliano and SPPD doctoral student Mohja Rhoads will select the finalists for a Times essay contest on the worst roads in America. "I'm bringing in a couple of celebrity judges from the outstanding transportation program at UCLA's crosstown rival, the University of Southern California," the columnist wrote. "P.S.: Don't tell them we think so highly of them, we don't want them getting big heads."

Trojans Assess Obama Administration

|
June 8, 2009

A group of 150 USC alumni and prominent Trojans gathered at the Brookings Institution in Washington, D.C., on May 21 to hear a panel of experts assess the early accomplishments of the Obama administration and offer their prognosis for its future.

Same-Sex Marriage Issue May Affect Race for Governor

|
June 8, 2009

The San Diego Union-Tribune quoted SPPD Senior Fellow Sherry Bebitch Jeffe and Dan Schnur of the USC College about the possibility that a same-sex marriage initiative on the 2010 California ballot would make life difficult for the gubernatorial candidates. Possible Republican contenders Steve Poizner and Meg Whitman probably wouldn't be happy to have the focus on social issues, Jeffe said. "Candidates normally try to move toward the middle as quickly as possible after winning their party primary," Schnur said. "But an initiative on the November ballot would probably slow that process considerably if candidates are reaching out to the middle on the economy but playing to their respective bases on same-sex marriage."

Bostic, Green to Speak at Federal Reserve Bank Summit

|
June 8, 2009

The Cleveland Plain Dealer noted that SPPD Professors Richard Green and Raphael Bostic will speak at a Federal Reserve Bank of Cleveland Community Development Summit titled "Credit, Capital, and Community Building in Transitional Times." Green is Director and Chair of the USC Lusk Center for Real Estate.

Myers Comments Illegal Immigrants' Economic Impact

|
June 8, 2009

The Sacramento Bee cited Professor Dowell Myers about illegal immigrants in the United States. A 2004 study released by the Federation for American Immigration Reform said that illegal immigrants cost California $9 billion annually. Myers has disputed that number and countered that it is difficult to quantify illegal immigrants' full economic impact, the story stated.

SPPD Alum Draws Praise for Stewardship of City's Animal Care Services

|
June 7, 2009

A recent Long Beach Press-Telegram story featured John Keisler MPA '05, general manager of animal care services for the City of Long Beach. Keisler is earning praise for his work to transform a once dysfunctional agency into a high-performance community system that seeksto rescue thousands of animals in a multi-city region. His efforts have led to an increase in pet adoptions, while dramatically reducing rates for the use of the use of euthanasia for dogs.

Green Discusses Current Property Values, Locations

|
June 5, 2009

The Los Angeles Times quoted Professor Richard Green about current property values. "If you get away from the coasts, houses are cheap," Green said. In inland areas, some houses are selling for less than construction costs, he noted. Green is director and chair of the USC Lusk Center for Real Estate.

Ross Discusses Financing for Downtown Condo Project

|
June 5, 2009

The Los Angeles Downtown News quoted SPPD Distinguished Fellow Stan Ross about a proposed condo tower in L.A.'s downtown. Depending on how quickly the project moves forward, the developer may have to provide a large portion of the project's construction budget up front, Ross said. Due to the current frozen credit market, the developers are unlikely to get traditional financing, he added. Ross is chairman of the board for the USC Lusk Center for Real Estate.

SPPD Students Earn Clinton-Orfalea Fellowships

|
May 27, 2009

Four USC students - including three from the School of Policy, Planning, and Development - have won the Clinton-Orfalea Fellowships. The fellows will head to New York in August to lend their talents to the William J. Clinton Foundation, which addresses issues of global climate change, HIV and AIDS in the developing world as well as childhood obesity, and economic opportunity and development.

USC Experts Analyze Chances for New Same-Sex Marriage Prop.

|
May 27, 2009

The San Diego Union-Tribune quoted SPPD Senior Fellow Sherry Bebitch Jeffe and Dan Schnur of the USC College and on whether California gay marriage supporters would prevail if they put a new proposition on the ballot next year. "The age breakdown on the vote suggests that public opinion is trending toward supporters of same-sex marriage. The question is how fast it's trending," Schnur said. Jeffe added: "I don't think it's too soon. It's a year and a half away. ... The more states that get in line behind it, the more credible the argument that everyone ought to be allowed to marry becomes, especially if there's no evidence that the world is going to end."

Myers: Baby Boom Retirees May Drive Labor Shortage

|
May 23, 2009

The Cape Cod Times cited a report by Professor Dowell Myers regarding a potential labor shortage as the baby boom generation retires. Over the next 20 years, the number of retirees relative to the number of working-age Americans will increase by 67 percent, according to Myers.

Green Discusses Homeowners' Hope That Prices Will Rise

|
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.

Jeffe Comments on Recurring Budget Issues in CA

|
May 19, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about California's perennial budget woes. It's become apparent that the state has been ungovernable for a while now, Jeffe said. "When was the last time we had an effective governor?" she asked.

Jeffe Comments on Pelosi, CIA Controversy

|
May 18, 2009

Congressional Quarterly quoted SPPD Senior Fellow Sherry Bebitch Jeffe about House Speaker Nancy Pelosi facing fire for her handling of the CIA harsh interrogation technique authorizations. Even though, barring any new disclosures, Pelosi is likely to surmount her difficulty, that doesn't mean she has been at her best, Jeffe said. By seeming to change her story and by parsing words, Pelosi hasn't handled the situation well, Jeffe added.

Race Heats Up for San Gabriel Valley Congress Seat

|
May 17, 2009

The Los Angeles Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the close race for the congressional seat in the San Gabriel Valley. "[Gil] Cedillo has got to mobilize his base," Jeffe said. Rival Judy Chu needs to show voters she has support among Latinos, Jeffe added.

Myers Cited about Future of Social Security

|
May 16, 2009

The San Antonio Express-News cited Professor Dowell Myers about demographics and the future of Social Security. The ratio of retired persons to workers will "compound to a 67 percent growth over the 20-year period," Myers said. "The implications for mass retirements and the struggle for replacements in the work force are profound as well," Myers wrote in his book Immigrants and Boomers: Forging a New Social Contract for the Future.

Myers Discusses Recession, Slowing Immigration

|
May 16, 2009

The Los Angeles Times quoted Professor Dowell Myers about slowing immigration to outlying areas of Los Angeles. The change is a "temporary pause," and immigration will probably rise again as the economy recovers, Myers said. "Immigrants always respond to the economy," he explained. "The boom and bust cycle is totally normal."

Youth, Diversity Keep CA Well Positioned for Future, Myers Says

|
May 14, 2009

The San Francisco Chronicle quoted Professor Dowell Myers about demographic changes afoot in California. "California is aging as the rest of the country is, but it's ahead of the curve in diversity and behind the curve in aging, and that's our big advantage," Myers said. "We have a more useful workforce, and we have more young people in school. That costs more money up front, but it will repay huge benefits in 10 years when the rest of the country has few young people."

Pachon Weighs in on San Gabriel Valley Election

|
May 12, 2009

The Los Angeles Times quoted Professor Harry Pachon about the hotly contested congressional election taking place in the San Gabriel Valley. The top candidates are a Latino man and an Asian woman, the story noted. "Ethnicity is a factor," Pachon said. "But it's not the only factor." Pachon is president of the Tomas Rivera Policy Institute at USC, the story noted.

Myers Analyzes Surge in Citizenship among Asians, Latinos

|
May 11, 2009

The Los Angeles Times quoted Professor Dowell Myers about the increase in California's naturalized Asian and Latino population. The surge in new citizens will accelerate by several years the California electorate's shift from majority-white to nonwhite, Myers said. Although that shift won't be completed until 2026, Latinos, Asians and African Americans are already joining with progressive whites to elect ethnically diverse candidates, he noted.

Ferris Comments on Schools' Participation in Donor Matching Site

|
May 11, 2009

The San Diego Union-Tribune quoted Professor James Ferris about San Diego schools' participation in DonorsChoose, a Web site that matches charitable projects with individual donors. "The trend over time is that donors want to be able to direct their giving," Ferris said. "They don't want to give it to an intermediary and then have the intermediary decide where it goes." Ferris is director of the Center on Philanthropy and Public Policy at USC, the story noted.

Myers Discusses Racial Demographics, Politics in CA

|
May 11, 2009

The Xinhua News Agency (China) cited Professor Dowell Myers about racial demographics and politics in California. The surge in naturalized citizens will accelerate by several years the California electorate's shift from majority white to nonwhite, Myer said. Although that shift won't be completed until 2026, Latinos, Asians and African Americans are already joining with progressive whites to elect ethnically diverse candidates, Myers and other analysts predict.

Pachon Discusses 'American Dream' among Latinos

|
May 9, 2009

The Los Angeles Times quoted Professor Harry Pachon about the American dream among Latinos. "It's the dream of having a single-family house and a white picket fence and a dog," Pachon said. Pachon is president of the Tomas Rivera Policy Institute at USC, the story noted.

Jeffe Weighs in on California's Budget Crisis

|
May 9, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the vicious circle of California's budget crisis. If the state doesn't pay its contractors, people won't receive their salaries, and therefore won't spend money, and the state won't receive its sales tax revenue, worsening the fiscal situation, Jeffe explained.
May 8, 2009

KPCC-FM's "AirTalk" interviewed Professor Richard Green about the relationship between real estate brokers and appraisers. "One of the things that let us down the road that we went down was the relationship between the brokers and the appraisers," said Green, who directs the USC Lusk Center for Real Estate. "The brokers had every incentive to get the loan done, not to make sure the loan performed properly, because they were compensated based on originations, not on loan performance; so the last thing they wanted is an appraiser to get in the way of the deal."

Newland Comments on City Contracting Practices

|
May 7, 2009

The San Diego Union-Tribune quoted Professor Chet Newland about best practices in city contracting. Cities should thoroughly check applicants for such positions, Newland said. "You have to go beyond the mere listed references and investigate," he noted. "Contracting is one of the most crucially important and sensitive parts of government. It's essential to have utmost integrity in contracting."

Little Advocates National Infrastructure Bond Fund

|
May 6, 2009

Reuters noted that SPPD Senior Fellow Richard Little spoke at the Reuters Infrastructure Summit about a possible national infrastructure bond fund. Little's idea for such a fund seemed odd to officials in Washington a year ago, he said. Now they are giving it a second look, in light of the trillions of dollars in infrastructure work the U.S. may require in coming decades, Little added. "Why not create a vehicle where the federal government could issue infrastructure bonds?"

California Has a Hold on Its Own

|
May 6, 2009

The image of California as a land of migrants is being shattered by demographic data indicating the emergence of a newer generation of Californians that is homegrown and willing to stay in the state, according to a new study by USC researchers. The study found that today's teens and young adults will be the first generation in California history whose majority will be California-born when they assume positions of leadership in middle age.

Currid Maps Out Social Hot Spots in L.A., New York

|
May 5, 2009

Christian Science Monitor highlighted "The Geography of Buzz," a study by Assistant Professor Elizabeth Currid. Currid and a colleague at Columbia University tracked geo-coded photos from Getty Images to create heat maps charting the most socially active hubs in L.A. and New York. "A sense of place has always been fundamental to everything that happens in the world," Currid said. "And all this new technology only highlights that idea: geography is basic to the way we live."

SPPD Student Tapped for White House Internship

|
May 4, 2009

Laura Peralta If anyone needs to get in touch with USC School of Policy, Planning, and Development graduate student Laura Peralta this summer, they can reach her at 1600 Pennsylvania Ave. in Washington, D.C. Peralta, who is working toward her master of public administration degree, has earned the prestigious distinction of being one of 100 nationwide students selected to intern in the White House under President Barack Obama.

Currid Comments on the End of the Hummer's 'Glory Days'

|
May 2, 2009

The Age (Australia) quoted Assistant Professor Elizabeth Currid about the fading luster of the Hummer car brand. "In the 2000s, we saw the Hummer as the epitome of glamour and excessive living," Currid said. "Now, if they're not scorned, they're laughed at. I think the Hummer is considered quite gauche among the set that used to drive them."

"Geography" Charts What's Hot and What's Not

|
April 29, 2009

Elizabeth Currid, assistant professor at the USC School of Policy, Planning, and Development, presented her paper, "The Geography of Buzz: Art, Culture and the Social Milieu in Los Angeles and New York," during a recent research seminar at Lewis Hall. The paper was co-authored by Sarah Williams, director of the Spatial Information Design Lab at Columbia University.

Study Finds "Milestone" in California Demographics

|
April 28, 2009

The New York Times featured a new report by Professor Dowell Myers, called "The New Homegrown Majority in California." Myers and colleagues found that for the first time in California's modern history, a majority of young people in the state were born here, the story reported. More than 70 percent of 15-to-24-year-olds living here in 2007 were native born, while almost two-thirds of 45-to-54-year-olds were born elsewhere, as were about 61 percent of those aged 35 to 44 and some 54 percent of those aged 25 to 34. "It's a watershed moment," Myers said. "There has been so much focus on immigrants, on outsiders. Now we have all these insiders. These are people who carry the future, and they're mostly homegrown."

Melnick: U.S. Is Prepared for Swine Flu Outbreak

|
April 28, 2009

The San Francisco Chronicle quoted Professor Glenn Melnick about America's preparedness for a potential swine flu outbreak. "There's been a lot more planning, so we're better prepared than we've ever been," said Melnick, holder of the Blue Cross of California Chair in Health Care Finance. "We haven't really seen the budget cuts hit yet," he added. "Next year, we might have a problem." In case of a pandemic, health care workers have been trained to report to work, he added. "There's been a lot more planning and training within health care organizations so people understand the risks and they don't panic unnecessarily and they will report for work."

Myers' Study Finds New "Homegrown Majority" in CA

|
April 28, 2009

The New York Times featured a new report by Dowell Myers called "The New Homegrown Majority in California." Myers and colleagues found that for the first time in California's modern history, a majority of young people in the state were born here, the story reported. More than 70 percent of 15-to-24-year-olds living here in 2007 were native born, while almost two-thirds of 45-to-54-year-olds were born elsewhere, as were about 61 percent of those aged 35 to 44 and some 54 percent of those aged 25 to 34. "It's a watershed moment," Myers said. "There has been so much focus on immigrants, on outsiders. Now we have all these insiders. These are people who carry the future, and they're mostly homegrown."

Big Challenges Await Next CA Governor, Jeffe Says

|
April 25, 2009

The National Journal quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the California gubernatorial race. "Whoever becomes governor [in 2010] is going to be faced with an absolute mess," Jeffe said.

Ahead of the Curve in Addressing Sustainability

|
April 23, 2009

Dan Mazmanian More than a decade ago, when sustainability issues were still a specialized curiosity, USC School of Policy, Planning, and Development professor Daniel Mazmanian turned his attention to the emergence of locally-based environmental policies in several communities and regions across the nation.

Jeffe Discusses California Gubernatorial Race

|
April 24, 2009

The Los Angeles Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe about California's gubernatorial race. "It takes a lot of luck and money and intelligence and timing, and heaven knows what else," Jeffe said.

Jeffe Comments on Judy Chu's Run for Congress

|
April 24, 2009

The National Journal quoted SPPD Senior Fellow Sherry Bebitch Jeffe about Judy Chu's campaign to represent California's 32nd Congressional district. If Chu wins the election, local observers say she will be the first Asian American to represent the Southland in Congress. "It will be a breakthrough for Asians in a district in which they are true minority," Jeffe said.

Demographic Shift Will Lead to "Homegrown" CA

|
April 23, 2009

The Stockton Record featured new research by Professor Dowell Myers finding that California's population will soon be mostly "homegrown" instead of coming from other states or countries. This large demographic shift indicates that more Californians are staying closer to home, that fewer workers from elsewhere will be available to fuel the economy, and that the state's institutions will be held more accountable, the story stated. The report is called "The New Homegrown Majority in California: Recognizing the New Reality of Growing Commitment to the Golden State."

Melnick Explains Hospitals' Reliance on Medicare

|
April 23, 2009

The The Riverside Press-Enterprise quoted Professor Glenn Melnick about hospitals' dependence on Medicare reimbursements. On average, about 55 percent of a hospital's revenue comes from federal reimbursements, Melnick said. A hospital that loses Medicare funding is also likely to lose private insurance contracts, the other main source of hospital revenue, the story noted. "That is usually a death knell for a hospital," he said.

Study Finds Emergence of "Homegrown Majority" in CA

|
April 21, 2009

The San Francisco Chronicle featured research led by Professor Dowell Myers of the USC School of Policy, Planning, and Development discovering that "homegrown" Californians will soon outnumber those who came from elsewhere. The story noted that more than 70 percent of teens and young adults were born in California, up from barely half in 1990. "People have felt it's a state full of newcomers, every man for himself, we don't need to invest in the next generation because they're different," said Myers. "We're waking up to the fact that we're a self-reliant state whose future depends on who is here already." Click to view full report.

Myers' Study Discovers Major Demographic Shift in CA

|
April 21, 2009

The Los Angeles Times featured research by SPPD Professor Dowell Myers concluding that "homegrown" Californians will soon outnumber those who came from elsewhere. More than 70 percent of Californians aged 15 to 24 were born and raised in the state, while nearly two-thirds of state residents aged 45 to 54 were born out of state. "It's a sea change in demography but also in political perceptions," Myers said. "We've transformed from being a state of migrants to a settled state of native Californians. We're basically becoming more self-reliant on who we have here."

Jeffe Discusses Public Opinion of "Tea Party" Protests

|
April 20, 2009

Morris News Service quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the "tea party" protests last week against President Obama's spending and tax plans. Polls indicate that most Americans don't agree with the protests, the story noted. "The public seems willing to go along with Obama's programs as long as they don't seem too permanent," Jeffe said.

Currid Questions Scant Stimulus Amount for Arts

|
April 17, 2009

The Baltimore Sun cited Assistant Professor Elizabeth Currid in a story on government spending on the arts. Writing on USC's "Politics and Society" Web site, Currid urged the Obama administration to spend more money on the arts, the story noted.

Melnick Addresses Healthcare Spending at Conference

|
April 17, 2009

The St. Petersburg Times highlighted a presentation that Professor Glenn Melnick delivered at the Association of Health Care Journalists conference in Seattle. Total United States health spending in 2007 was $2.24 trillion, Melnick noted.

Green Discusses Benefits of Homeownership

|
April 16, 2009

The Economist quoted Professor Richard Green in a story on reconsidering the benefits of homeownership. "Perhaps the most compelling argument for housing as a means of wealth accumulation is that it gives households a default mechanism for savings," said Green, director and chair of the USC Lusk Center for Real Estate. Because people have to pay off a mortgage, they increase their home equity and save more than they otherwise would," he explained.

Little Speaks at Asia Infrastructure Summit

|
April 15, 2009

Appearing on a panel at the Financial Times' Asia Infrastructure Summit, Richard Little addressed the question of whether private investment in infrastructure could be Asia's highway to economic growth. Little is a senior fellow at the USC School of Policy, Planning, and Development and director of the Keston Institute for Public Finance and Infrastructure Policy.

Green Comments on Pulte Homes, Centex Merger

|
April 15, 2009

The Los Angeles Times quoted Professor Richard Green about the merger of homebuilder giants Pulte Homes and Centex. "What this says is that companies are desperate to cut overhead right now," Green said. "I see this as a good, cost-saving move for both companies."

Currid Maps Social Centers of L.A., New York City

|
April 14, 2009

NBC News Los Angeles affiliate KNBC-TV featured a study called "The Geography of Buzz" by Elizabeth Currid. Currid and a colleague at Columbia University tracked geo-coded photos from Getty Images to create heat maps charting the most socially active hubs in L.A. and New York. "In Los Angeles the 'buzziest' areas were identified in Beverly Hills and Hollywood, along the Sunset Strip -- not in Silver Lake or Echo Park," the researchers wrote.

SPPD to Provide Training to Korean Officials

|
April 10, 2009

Carol Rush and Hyung Kook Oh The USC School of Policy, Planning, and Development signed a memorandum of understanding with the South Korean government to provide graduate education and training for selected officials from Korea's Ministry of Public Administration and Security.

Casden Report: Rents Drop Throughout So. Cal

|
April 9, 2009

Xinhua News Agency (China) featured the latest USC Casden Real Estate Economics Forecast, which was released by the USC Lusk Center for Real Estate. The report found that rent prices fell across much of Southern California. "The dramatic changes in the economy are taking their toll on landlords, who are lowering rents or giving concessions just to keep their units occupied," said Delores Conway of the Lusk Center, who directs the forecast.

Painter Discusses Homebuilder Merger

|
April 8, 2009

American Public Media's "Marketplace" interviewed Associate Professor Gary Painter about Pulte Homes buying rival homebuilder Centex. One advantage of the merger is that by cutting costs, it will facilitate building up cash reserves, the story noted. "Because there's not the same sort of credit available that there obviously used to be, it'll put them in a position to acquire inventory of land for the long term," Painter explained. And acquiring land in the right places will make all the difference, he said.

New Study by Currid Maps "The Geography of Buzz"

|
April 7, 2009

The New York Times featured "The Geography of Buzz," a study co-authored by Assistant Professor Elizabeth Currid of the USC School of Policy, Planning, and Development. The study delineates cultural hot spots based on geo-markers of events such as film and television screenings, concerts, fashion shows, gallery and theater openings. Currid and colleague found that "buzziest" areas in New York were around Lincoln Center and Rockefeller Center, and along Broadway from Times Square into SoHo. In Los Angeles, the "buzziest" areas were in Beverly Hills and Hollywood, along the Sunset Strip. The story included a multimedia graphic of the study's findings.

Rose Appointed to Committee on Earthquake Resilience

|
April 6, 2009

Adam Rose, research professor at the USC School of Policy, Planning, and Development and coordinator for economics at the USC Center for Risk and Economic Analysis of Terrorism Events (CREATE), was appointed in March to the committee on National Earthquake Resilience - Research, Implementation, and Outreach. The committee is part of the National Research Council, which operates under the National Academy of Sciences (NAS).

According to the NAS, the committee aims to develop a viable "road map" for earthquake hazard and risk reduction in the United States. The project is sponsored by the National Institute of Standards and Technology.

The road map will be framed around the "objectives for achieving national earthquake resilience in public safety and economic security stated in the ... strategic plan of the National Earthquake Hazard Reduction Program (NEHRP) submitted to Congress in 2008," the NAS Web site states.

One of the committee's specific goals is to host a national workshop centered on evaluating the basic and applied research, seismic monitoring, knowledge transfer, implementation, education, and outreach activities needed to achieve national earthquake resilience over a 20-year period.

Dr. Rose joins 10 other leading national scholars in the area of natural hazards. His expertise in the area of disasters includes modeling the economic consequence of natural hazards and terrorism, resilience and mitigation.
» Click here for more information on the project.

Local Experts Take on Transportation Issues

|
April 2, 2009

Los Angeles' "transportation transformation" was the subject of a recent panel discussion hosted by the USC School of Policy, Planning, and Development. The event took place at the downtown headquarters of the Los Angeles County Metropolitan Transportation Authority (MTA). It was the third event in the SPPD Dean's Speaker series, which has focused on the revitalization of Los Angeles.

Bostic, Garrett Tapped for D.C. Posts

|
April 1, 2009

Bostic and Garrett Raphael Bostic, a professor at the USC School of Policy, Planning, and Development, and Elizabeth Garrett, USC's vice president for academic planning and budget and a professor at the USC Gould School of Law, have been asked to join President Obama's administration in Washington, D.C.

New Book Examines Foundations, Public Policy

|
March 25, 2009

Foundations and Public Policy: Leveraging Philanthropic Dollars, Knowledge and Networks for Greater Impact, a new book edited and co-authored by USC School of Policy, Planning, and Development faculty, explores the implications -- and potential impact -- involving the efforts of nonprofit organizations to shape public policy.

Currid Discusses Role of Arts as Economic Driver

|
March 26, 2009

The New Statesman (U.K.) featured a talk by Assistant Professor Elizabeth Currid delivered at the Institute for Public Policy Research in London. Currid's book, The Warhol Economy, argues that New York's art scene is a major economic engine, and in her talk, she suggested that the same may be true of London, the story noted. In big cities, where the arts generate billions, urban policymakers need to recognize the role that networking plays in the creative sector, she said.

From Good Intentions to Common Corruption

|
March 24, 2009

As the Obama administration prepares to disperse economic stimulus money for infrastructure, a timely new book sheds light on special districts -- the "shadow governments" that will be responsible for spending a large portion of these funds. In her book, Paying the Toll, Louise Nelson Dyble, associate director for research at the Keston Institute for Public Finance and Infrastructure Policy at the USC School of Policy, Planning, and Development, documented how the bridge district grew from well-intentioned public corporation with bipartisan support to notorious organization rife with corruption.

Chris Van Gorder, MPA '86, Elected Chairman of ACHE

|
Chris Van Gorder, MPA '86 March 23, 2009

SPPD alumnus Chris Van Gorder was elected in March to serve as chairman of the American College of Healthcare Executives, an international professional society composed of more than 30,000 healthcare executives. Van Gorder, who graduated from USC's master of public administration program in 1986, is president and chief executive officer of Scripps Health in San Diego.

Green Comments on Return of Conservative Lending

|
March 23, 2009

CNBC quoted Professor Richard Green about a resurgence in conservative lending practices. Lenders have returned to the "gold standard" of requiring 20 percent down for loans not insured by the Federal Housing Administration, Green said. "We are seeing some lenders asking for 25 percent down," he added. "It used to be, if you had a [credit] score of 680 or above you were considered very good quality credit, and you'd get the best pricing," Green added. But as lenders have gotten more careful, the bar for that top tier is higher. "Now you'll pay 1 percent more than someone with a 760."

Bostic Chosen to Work with Obama Administration

|
March 23, 2009

The Los Angeles Times reported that Raphael Bostic has been tapped by President Barack Obama to be assistant secretary for policy development and research in the U.S. Department of Housing and Urban Development (HUD). Bostic has served as a professor at the USC School of Policy, Planning, and Development and as director of the master of real estate development degree program, the story noted. He is an expert on housing, mortgage markets, discrimination, market forecasting, urban economics and real estate regulations. "We are pleased that the administration has reached out to tap a member of our highly respected real estate and urban economics faculty and delighted to tell you that Dr. Bostic has assured us of his return to campus following his two-year post at HUD," a USC statement noted.

Local Port Stakeholders Pack METRANS Town Hall Event

|
March 18, 2009

With cargo flow down about one-third since last year, port stakeholders packed the 10th METRANS Town Hall meeting on March 11 in Long Beach. More than 1,000 people, including longshore workers, terminal operators, logistics providers and elected officials, attended the event. The topic was how to make the San Pedro Bay ports competitive and protect high-paying local jobs.

Recession to Hit Many Car Dealerships, Fulton Says

|
March 15, 2009

The Los Angeles Daily News quoted SPPD Senior Fellow William Fulton about slumping auto sales tax revenue as a result of declining car sales. In all likelihood, many dealerships across the nation will go out of business, Fulton said. "I do believe we're going to end up with maybe ... half as many dealerships as we have now," Fulton said. Consumers are doing their car shopping on the Internet and are more willing to buy from no-haggle sellers far outside of their city's borders, if that's where the best deals are, he explained.

Jeffe Weighs in on California Attorney General Race

|
March 16, 2009

The Sacramento Bee quoted Senior Fellow Sherry Bebitch Jeffe about contenders lining up for California's attorney general race. San Francisco District Attorney Kamala Harris has an advantage as the only female candidate in the field, Jeffe said. Harris also is helped by her identification with the Obama brand and ability to tap into Obama's organizing and fundraising networks, Jeffe explained.

Green Discusses Obama's Mortgage Interest Tax Plan

|
March 14, 2009

The Los Angeles Times quoted Professor Richard Green about President Barack Obama's proposal to reduce the mortgage interest tax deduction for those earning more than $250,000. The plan may well be "sort of the nose under the tent on the way to getting rid of the mortgage interest deduction entirely," Green said.

Little Dissects Infrastructure Stimulus Spending

|
March 13, 2009

The Ventura County Star quoted SPPD Senior Fellow Richard Little about the American Recovery and Reinvestment Act of 2009, which authorized $787 billion in federal stimulus spending. While the package was touted as an investment in infrastructure, some officials and analysts are disappointed with the amount that ended up being set aside for such projects, according to the story. The stimulus act is "a great bait-and-switch," Little said. "The whole thing was that this was all about infrastructure, and $50 billion isn't chump change, but it's not what the country needs," Little said. "I find that troubling. I think people were expecting maybe $200 billion or $300 billion for infrastructure." Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.

Bostic Discusses Downtown L.A. Redevelopment

|
March 13, 2009

The Wall Street Journal quoted Professor Raphael Bostic about how the redevelopment of downtown Los Angeles is faring in the current economy. While troubles facing downtown may reflect economic headwinds that have battered real estate nationally, some experts believe that downtown has also suffered from too many high-priced developments, the story stated. "The price points that were projected aren't sustainable," Bostic said. "The prices you have to charge now make the returns relatively unattractive."

Woo Analyzes How Rising Sea Levels May Affect CA

|
March 12, 2009

The Los Angeles Times quoted SPPD Adjunct Professor Michael Woo about how rising sea levels could affect California. "The rising sea level could be California's version of Hurricane Katrina," Woo said. "Taxpayers and insurance ratepayers might question their responsibility to help homeowners and businesses which knowingly build in high-risk coastal areas," he noted. Woo is a Los Angeles planning commissioner, the story reported.

Latino Enrollment in Public Schools Is on the Rise

|
March 9, 2009

U.S. News & World Report featured a study by the Tomas Rivera Policy Institute at USC on Latino enrollment in public schools. Latino children now are in the majority or near majority in a number of large districts, the study found. In Chicago, 45.1 percent of first graders are Hispanic, compared with 41.1 percent of sixth graders and 35.2 percent of 12th graders. Latinos constitute 74.5 percent of first graders in Los Angeles, 63.1 percent in Houston, 68.6 percent in Dallas, and 53.6 percent in San Jose, Calif.

Little Comments on Obama's "Shovel-Ready Projects"

|
March 6, 2009

National Public Radio interviewed SPPD Senior fellow Richard Little about President Obama's infrastructure stimulus plan, which designates tens of billions of dollars for so-called "shovel-ready projects." Little, director of the USC Keston Institute for Public Finance and Infrastructure Policy, discussed the impact of those projects on the nation's economic crisis and decaying infrastructure. "Essentially, it's projects that can be gotten underway within 120 days, meaning they are out to bid and ready to proceed," Little said. "The emphasis is on getting people to work and spending money," he added.

Implications of Local Hospital's Possible Closure

|
March 6, 2009

La Opinion quoted Professor Glenn Melnick about Los Angeles' Pacific Hospital reportedly seeking bankruptcy protection. If the hospital closes, 80 percent of patients who receive care under public assistance programs like MediCal would have to move elsewhere in the San Fernando Valley for services, Melnick said.

Congresswoman Shares Personal, Political Experiences with Students at SPPD

|
February 27, 2009

During a recent discussion held at the USC School of Policy, Planning, and Development, Rep. Linda Sanchez (D-Calif.) shared personal lessons and political insights from her book, Dream in Color: How the Sanchez Sisters Are Making History in Congress (Grand Central Publishing, 2008).

Green Discusses Impact of Mortgage 'Cram-Downs'

|
February 25, 2009

The Los Angeles Times ran the second and third parts of the "Dust-Up" debate featuring SPPD Professor Richard Green. "A cram-down is a court-ordered reduction of the secured balance due on a home mortgage loan," Green wrote in the first story. "Basically, it reduces lenders' collateral to the current value of the house, which is determined with an appraisal. That said, I worry about the impact of cram-downs on the ability of borrowers to get mortgages going forward." In the second Los Angeles Times story, Green recommended a plan to reduce the principal owed in home loans. "I think policymakers are worried that writing down principal will give borrowers something for nothing. But the same is true for reducing payments via a subsidized interest rate," he wrote. "We could help deal with the fairness problem by having a claw-back provision for borrowers whose loans are modified."

Green Suggests Additions to Obama's Mortgage Plan

|
February 24, 2009

The Los Angeles Times ran an op-ed by Professor Richard Green as part of a "Dust-Up" debate series on President Obama's mortgage plan. "I would like to see an additional feature in the Obama plan: a claw-back provision for those who get a direct mortgage subsidy from the government and then later sell at a profit," Green wrote. "If we taxpayers are going to help people remain in their houses, we should get the equivalent of partial-ownership interests in the houses we subsidize."

SPPD Alumna Solis Confirmed as U.S. Labor Secretary

|
Rep. Hilda Solis, MPA '81 February 24, 2009

On Feb. 24, Rep. Hilda Solis (D-El Monte) was confirmed by the Senate to become Secretary of the U.S. Department of Labor for President Obama's administration. Solis graduated from the USC School of Policy, Planning, and Development in 1981 with a master of public administration degree.

Family Sizes in Mexico May Diminish Immigration

|
February 20, 2009

The San Diego Union-Tribune quoted Dowell Myers about how shrinking family sizes in Mexico could decrease immigration into the United States. American authorities are building a 670-mile fence along the border to stop more from coming, but some say such a measure is overkill, the story stated. "It's like building a dike for a flood that might not be there," Myers said. This story was carried widely.

Jeffe Discusses Impact of State Budget Deal

|
Sherry Bebitch Jeffe February 20, 2009

NBC Nightly News interviewed Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, about the recent budget deal reached by California lawmakers. The deal involves higher taxes, deep cuts in services and more borrowing, the report noted. "This is what happens when partisans force their elected representatives to pay more attention to ideology than to the needs and the concerns of the general public," Jeffe said. Click here to watch to the full online interview with Sherry Bebitch Jeffe.

Green Discusses Homeowners' Frustration over Bailout

|
February 20, 2009

Fox News interviewed Professor Richard Green about homeowners who are frustrated that the government is bailing out people who took risks and not helping those who were responsible. Such frustration is justified, but the economic risk of letting millions of homeowners default on their mortgages leaves the government with little choice, Green said. "A year ago I would have been appalled at this plan," Green said. "Now I think we have to do something like this. The moral hazard argument is valid, but is trumped by the macroeconomic situation." Green is director and chair of the USC Lusk Center for Real Estate.

Green Comments on Obama's Foreclosure Relief Plan

|
February 19, 2009

The Oregonian quoted Professor Richard Green about President Barack Obama's mortgage restructuring initiative. "It's a clever plan," Green said. "It might actually help the housing market bottom," he added. Green is director and chair of the USC Lusk Center for Real Estate.

SPPD, Annenberg Host Inaugural Holt Lecture

|
February 19, 2009

The USC School of Policy, Planning, and Development and the USC Annenberg School for Communication hosted the inaugural Dennis F. and Brooks Holt Professorship Lecture in Communication and Public Policy on Feb. 11. The Holt Professorship, a joint undertaking between the two schools, focuses on the role of communication in the policymaking process of a democratic society and market-based economy.

Casden Report: Occupancy Rates Drop Sharply

|
February 16, 2009

Los Angeles Downtown News cited the USC Casden Real Estate Economics Forecast. Downtown L.A. occupancy rates have fallen from 96 percent to 85 percent, according to the forecast.

USC Experts Weigh in on Whether Feinstein May Run for Governor

|
February 15, 2009

The San Diego Union-Tribune quoted SPPD Senior Fellow Sherry Bebitch Jeffe and Dan Schnur, director of the Unruh Institute of Politics at USC College, about California's gubernatorial race. Senator Dianne Feinstein's name has come up as a possible contender, the story stated. "She's still thinking about it, but I don't see it happening, because she's got herself an incredibly powerful position right now," Jeffe said. "It seems likely we've spent more than a decade now waiting for Dianne Feinstein to decide whether to run for governor," Schnur said.

Jeffe Discusses Public View of Corrupt Politicians

|
February 12, 2009

The Riverside Press-Enterprise quoted SPPD Senior Fellow Sherry Bebitch Jeffe about how Americans view corrupt politicians. "It depends on the office," Jeffe said. "Each case tends to be different," she explained. "It depends on the political environment of the time and the political culture of the state or district."

Myers Discusses Unusually High Vacancy Rates

|
February 12, 2009

USA Today quoted Professor Dowell Myers on the domestic housing slump. A record one in nine housing units is vacant, the newspaper reported. Myers said the problem goes beyond the construction frenzy that peaked in 2005. "This is a different problem," says Myers, housing demographer at the USC School of Policy, Planning, and Development. "It's high now because of lack of demand. Now, vacancies we see are from units that have been empty for a period of time."

Ross Examines Treasury's New Recovery Plan

|
February 11, 2009

Builder Magazine quoted SPPD Distinguished Fellow Stan Ross about the U.S. Treasury's recently announced recovery plan. The plan isn't necessarily an improvement over what was already in place, Ross said. The government will eventually end up guaranteeing at least some of the losses incurred by buyers and sellers of banks' toxic assets. However, the new plan has critical components that address bank capitalization and consumer lending. "This frees up capital, the banks will survive, they get new capital, they make loans to companies, and the companies invest in capital improvements," leading to more jobs created, he explained. Ross is chairman of the Board at the USC Lusk Center for Real Estate.

SPPD Signs Pact With World Bank

|
February 9, 2009

The USC School of Policy, Planning, and Development and the World Bank signed an agreement designed to merge scholarly research and specific program initiatives to address sustainable development in the East Asia and Pacific Region. The signing ceremony took place during a conference in Washington, D.C., focusing on challenges facing megacities in the developing world.

Newland Weighs in on Discrepancies with Debris Hauler's Records

|
February 8, 2009

The San Diego Union-Tribune quoted Professor Chet Newland about widespread discrepancies between what a contractor charged for picking up wildfire debris and what was actually delivered at recycling centers. "They should have clear records for each of the deliveries, and they certainly should match with the billing," Newland said. "The city simply must hold them accountable -- usually it would have been before making a payment," he added.

Green Advises Potential Homebuyers

|
February 6, 2009

U.S. News & World Report quoted Professor Richard Green about tips for potential homebuyers. People should consider purchasing a home as a place to live in rather than as an investment, Green advised. "If you're not planning on living in that house for more than three to five years, I wouldn't buy anything right now," he said. Green is director and chair of the USC Lusk Center for Real Estate.

Jeffe Weighs in on Being Mayor in Los Angeles

|
February 4, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the politics of being mayor in Los Angeles. It's better for a mayor to have more friends than enemies, Jeffe said.

SPPD Helps City Officials Face Challenges

|
February 4, 2009

Faculty and students at the USC School of Policy, Planning, and Development took part in a leadership training conference to help local government officials find solutions for public problems afflicting cities nationwide.

Painter Discusses Downtown Development Project

|
February 2, 2009

Los Angeles Downtown News quoted Associate Professor Gary Painter about a reported ownership change in a real estate development project. "My guess is they tried to rework their loan, but they just weren't able to get an agreement on that," Painter said. "This is happening in a lot of places right now, and not just in Los Angeles," he added. Painter is director of research at the USC Lusk Center for Real Estate.

Downtown L.A. Occupancy Rates Remain High

|
February 2, 2009

Los Angeles Downtown News cited the USC Casden Real Estate Forecast, issued by the USC Lusk Center for Real Estate. The apartment occupancy rate in downtown Los Angeles currently stands at 85 percent, according to the forecast.

Rising Unemployment Reduces Homebuyers' Confidence

|
January 27, 2009

The Wall Street Journal quoted Professor Richard Green about disincentives for first-time homeowners. Rising unemployment and announcements of huge job cuts have sapped consumer confidence nationwide, discouraging some potential buyers from making a move, the story stated. "People rightly feel less secure in their future income," Green said. The housing market won't recover until the unemployment rate stops rising, he added.

Myers Weighs in on Future of California's Economy

|
January 26, 2009

Reuters quoted Professor Dowell Myers about the state of California's economy. By some accounts, the current crisis could bode well for the state's future, as problems may spur needed reorientation of the economy. "What people may think is that you can't really solve the problems in California until you totally wreck the train," Myers said. "You have to shake them up, wake them up. The outlook is very hopeful right now because this crisis is forcing a long-overdue reassessment." The story also quoted a USC graduate student on her view of the state.

SPPD Celebrates Its 80th Anniversary

|
January 26, 2009

The USC School of Policy, Planning, and Development marked its 80th anniversary by hosting a special colloquium Jan. 16 at the Davidson Conference Center. During the conference, Dean Jack H. Knott noted that SPPD remains dedicated to advancing academic theory and making a vital impact in the world.

Melnick Analyzes Fiscal State of Salinas Hospital

|
January 25, 2009

The Monterey County Herald quoted Professor Glenn Melnick about the fiscal state of a medical center in Salinas, Calif. It's unclear whether the hospital can continue its newfound financial viability or is doomed to slip back into critical condition, the story stated. "The question is, 'Are they going to find themselves in the same situation five years from now,'" Melnick said. Melnick is director of the Center for Health Policy and Management at USC, the story noted.

Green Discusses Government Solutions to Housing Crisis

|
January 23, 2009

BusinessWeek quoted Professor Richard Green about possible "cramdowns," whereby the government forces lenders to modify the terms of home loans. A year ago, allowing loan modifications would have raised objections, since it would let many homeowners to escape their contractual obligations, the story stated. But the urgency of the real estate crisis has changed many people's thinking, while others "have made the judgment that the moral hazard ship sailed a long time ago," Green said. "Things have reached such crisis proportions, we have to put such niceties aside and get ourselves through this," he added. Green said that the only cure is a mass-modification program, which is what the government used in the Great Depression.

Jeffe Weighs in on Obama's Inauguration

|
January 23, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the inauguration of President Barack Obama. In his address, Obama did not try to sugarcoat the problems facing the country, Jeffe said. It was similar to the speech FDR gave when he took power amidst the Great Depression, she added.

Green Weighs in on Credit Crunch's "Silver Linings"

|
January 20, 2009

Portfolio quoted Professor Richard Green about the silver linings of the credit crunch and housing slowdown. Until frozen markets thaw, banks won't able to fund as many projects, but that might be a good thing, the story stated. "A slowdown is creating more time to plan and tempered expectations," Green said. "Projects that do get funding will be sound, which will ultimately be good for an ailing industry."

Lusk Forecasts Stagnant Commercial Real Estate Market

|
January 20, 2009

The Orange County Register featured the latest forecast by the USC Lusk Center For Real Estate. The forecast stated that the commercial market won't grow for two years, according to the story. "[A] lack of liquidity remains the major obstacle to a recovery in the commercial real estate markets at least until the end of this year," said Stan Ross, chairman of the Lusk Center. Now would be a good time for developers in a strong financial position to buy up such building materials as wood, steel and concrete to take advantage of falling prices, said Richard Green, the Lusk Center's director.

Republicans Need to Reach out to Latinos, Pachon Says

|
January 20, 2009

La Opinion quoted Professor Harry Pachon about the future of the Republican Party. The party will have to reach out to Latinos if it hopes to build its electoral base, Pachon said. There are two reasons for the high number of potential Latino voters: the naturalization of immigrants and a new generation of young Latinos who have reached voting age, he explained. Pachon is president of the Tomas Rivera Policy Institute.

Jeffe Discusses Bush's Effect on America's Image Abroad

|
January 20, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about former President George W. Bush's role in tarnishing America's image in the world. Bush's policies generated the ill will abroad, Jeffe said.

Ross Explains Real Estate Crisis' Effect on Hotels

|
January 18, 2009

The San Diego Union-Tribune quoted SPPD Distinguished Fellow Stan Ross about hotel real estate. "With hospitality you have lower occupancy and competition," Ross said. "Look at what you can get a room for in Vegas." Ross is chairman of the board at the USC Lusk Center for Real Estate.

Little Examines Federal Infrastructure Spending

|
January 14, 2009

The Los Angeles Times quoted Richard Little about plans for federal infrastructure spending. After the initial round of funding, more thought and evaluation should come into play in determining worthy projects, Little said. "But first thing, you need to get the money flowing, get your contractors working," he noted. "You need to prime the pump." Little is director of the Keston Institute for Public Finance and Infrastructure Policy at USC, the story noted.

Wave of Foreclosures Must be Controlled, Bostic Says

|
January 14, 2009

The San Diego Union-Tribune quoted Professor Raphael Bostic about the need to stem home foreclosures. "Without doing more to control the wave of foreclosures, we could have a continuous flow of distressed mortgages, which would create problems for the economy as a whole," Bostic warned.

Painter Discusses Downtown Condo Auction

|
January 12, 2009

Los Angeles Downtown News quoted Associate Professor Gary Painter about a Los Angeles developer who has decided, due to the weak economy, to auction off the units in a condo building. "In normal market circumstances you typically don't see auctions," he said. "But with what's happened in the last year and a half, it's anything but normal." Painter is director of research at the USC Lusk Center for Real Estate.

SPPD Signs Pact With Peace Corps

|
December 22, 2008

The USC School of Policy, Planning, and Development signed a formal agreement to participate in Fellows/USA, the Peace Corps' graduate fellowship program. This agreement will enable former volunteers to pursue a graduate education in public administration, public policy, urban planning, health administration and real estate development.

Stimulus Funds will Target "Shovel Ready" Projects

|
January 10, 2009

The Ventura County Star quoted Richard Little about how President-elect Obama's proposed stimulus funds may be channeled into "shovel-ready" infrastructure projects. "The goal of the stimulus is just to get people working, get projects going and buying materials, which will trickle down through the economy," he said. "Whether infrastructure is always the best bang for the buck, there's some debate, but there are going to be some short-term benefits." Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy.

Currid Analyzes Obama's Impact on Fashion

|
January 6, 2009

McClatchy Newspapers quoted Assistant Professor Elizabeth Currid in a story about Barack Obama's personal style. The historic nature of Obama's presidency, his iconic status in youth culture, and the viral marketing of the president-elect as the personification of cool have helped ensure that he will have a lasting impact on the world of fashion, Currid said.

Obama's Stimulus Package May Fund Infrastructure

|
January 6, 2009

Reuters quoted Richard Little about how President-elect Obama's proposed stimulus funds may be channeled into "shovel-ready" infrastructure projects. "We must save the patient first, then think about long-term strategy," Little said. "If the objective is to create jobs, we should focus on projects that are ready to go." Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.

Obama to Accelerate Troop Withdrawal from Iraq

|
January 1, 2009

La Opinion quoted SPPD Senior Fellow Sherry Bebitch Jeffe about President Barack Obama's Iraq policy. Obama will take concrete steps to accelerate the withdrawal of troops from Iraq, Jeffe said.

No Guarantees in Home Prices over Next Few Years, Green Says

|
December 24, 2008

U.S. News & World Report quoted Professor Richard Green featuring advice for prospective homebuyers. "If you're not planning on living in that house for more than three to five years, I wouldn't buy anything right now," Green said. "Nobody knows what is going to happen to prices over the next few years." Green is director and chair of the USC Lusk Center for Real Estate.

Ross Examines Last 20 Years of California Real Estate

|
December 22, 2008

The California Real Estate Journal quoted SPPD Distinguished Fellow Stan Ross about the housing market in California over the last 20 years. Regional malls got larger and office buildings got taller, Ross said. And a whole lot of space got built, but this peaked in about 1988 and 1989, he added. "Then we moved into soft years and we had excess supply coming out, so we had a substantial amount of excess space," he explained. Ross is chairman of the board at the USC Lusk Center for Real Estate.

Giuliano Analyzes MTA Chief's Forthcoming Retirement

|
December 21, 2008

The Los Angeles Times quoted Professor Genevieve Giuliano about the expected departure of L.A.'s Metropolitan Transportation Authority chief Roger Snoble. "The next person is going to have to be hardheaded about the market for some of these capital investments," Giuliano said. If not, the cost of running and building rail could drain agency coffers, she noted. Guiliano is senior associate dean for research and technology at SPPD and director of the METRANS Transportation Center.

SPPD Alumna Hilda Solis Tabbed for Labor Secretary

|
Rep. Hilda Solis, MPA '81 December 19, 2008

During a Dec. 19 press conference in Chicago, President-elect Barack Obama nominated Rep. Hilda Solis (D-El Monte) for Secretary of the U.S. Labor Department. Solis is an alumna of the USC School of Policy, Planning, and Development, graduating with a master of public administration degree in 1981.

Sustainability Class Helps Students to Think, Act "Green"

|
December 18, 2008

Taught by Professor Daniel Mazmanian, a new class at the USC School of Policy, Planning, and Development gave graduate students an introductory overview of key sustainability issues along with the chance to meet with environmental policymakers, chat with "green business" entrepreneurs, and measure their own carbon footprints.

Woo Discusses L.A. Planning Commission President's Resignation

|
December 17, 2008

L.A. Weekly quoted Adjunct Professor Michael Woo about the resignation of Los Angeles Planning Commission President Jane Usher. Usher was widely viewed as independent of the city's powerful developer sector, the story stated. "There has never been such a proactive commission," Woo said. Woo is a commissioner and a former Los Angeles city councilman, the article noted.

SPPD Experts Analyze Infrastructure Stimulus Spending

|
December 16, 2008

The New York Times published a statement on infrastructure stimulus spending, signed by SPPD's Richard Little and Mark Pisano and 24 other infrastructure experts. "A new approach is needed that establishes a new level of accountability, transparency, and economic and environmental performance for how this country invests in infrastructure projects," the experts wrote. "We should only invest in projects that achieve job creation in the short run while creating the foundation for long-term economic success and energy independence." Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy, and Pisano is a senior fellow at SPPD.

SPPD, Viterbi Students Win Transportation Scholarships

|
December 12, 2008

Eight USC students conducting research on transportation projects ranging from toll roads to airport runway incursions have been recognized with scholarships from two Southern California chapters of the Women's Transportation Seminar. Two of those students are from the School of Policy, Planning, and Development.

Lusk Study Predicts Continued Decline for Office Market

|
December 11, 2008

The Los Angeles Business Journal featured the latest forecast from the USC Lusk Center for Real Estate. Office and industrial properties across the Southland will continue to feel the effects of business closures and slower global trade well into 2009, the report found.

More Hispanics Now Fluent in English, Census States

|
December 9, 2008

USA Today quoted Professor Dowell Myers about the increase in the number of Hispanics fluent in English. Homeownership and naturalization are more important gauges of assimilation than English fluency, but language is the most visible, Myers said. "What affects people the most is the language around them," he explained. "It's the most symbolic ... a real flashpoint."

New Census Trend Shows More Diversity in So. Cal

|
December 9, 2008

The Los Angeles Times quoted Professor Dowell Myers about census data showing growing diversity in Southern California's suburbs. The trend reflects a broad breakdown of past housing discrimination, Myers said. "Ethnic groups of all types are integrating into suburban neighborhoods. It's the new normal," he explained. "It's not about color and ethnicity in California anymore. It's about economic upward mobility."

Myers Weighs In on New Census Bureau Methods

|
December 8, 2008

The Los Angeles Times quoted Professor Dowell Myers about census methodology. The U.S. Census Bureau is offering data on a rolling basis in addition to the head count every 10 years. Some demographers are concerned that the rolling data could be misleading because it is averaged over time, the story reported. Averaging over time "only works if things aren't changing very much," Myers said. "When you have a steep trend, you want to know where things are changing now. You don't want to know where it was changing two years ago."

Global Warming's Trillion-Dollar Risk to Housing Market

|
December 8, 2008

The California Real Estate Journal quoted Associate Professor Gary Painter about a new report warning of a $2.5 trillion risk to real estate posed by global warming. Rising losses from damage and destruction of buildings and land presumably will lead to higher insurance premiums, the story stated. "What's clearly going to happen is, as various places in California experience greater risk over time, you'd expect that to be reflected in higher prices," Painter said.

Stimulus Plan Has Benefits, But 'Not the Solution'

|
December 2, 2008

The Associated Press quoted Richard Little, director of the USC Keston Institute for Public Finance and Infrastructure Policy, about the role of public works spending in economic stimulus plans. California Gov. Arnold Schwarzenegger's plan, which involves increased infrastructure spending, won't solve the state's underlying imbalance between annual spending and revenue, critics have said. "It's not about capital expenditures," Little said. "It'll have some benefits, but it's not the solution. We need to align revenue and expenditures ... That's the fundamental thing the governor and Legislature need to wrestle with."

Boomers' Retirement Will Likely Depress Home Prices

|
December 2, 2008

The Wall Street Journal highlighted Professor Dowell Myers in a story on the future of American real estate. Myers' research has indicated that the retirement of baby boomers over the next two decades is likely to depress house prices in many areas, the story stated. "It's going to really mess up the housing market," Myers said. This "generational correction" will be larger and longer-lasting than the current slump, Myers has predicted. In some areas, younger people will be happy to buy boomers' homes as they retire and move elsewhere. The problem will be in places where lots of older people are selling and few young people are settling down, Myers said. The effects will be strongest in the "coldest, most congested and most expensive states rather than the high-growth states of the South or West," he noted.

Jeffe: Obama's Election 'Saves Arnold's Legacy'

|
November 30, 2008

The San Diego Union-Tribune quoted SPPD Senior Fellow Sherry Bebitch Jeffe about how Barack Obama's election affects Gov. Arnold Schwarzenegger's legacy. Obama's election "really saves Arnold's legacy," Jeffe said. "He can now focus on the environmental issues that are so dear to him and he'll have a much better chance of a positive response from the feds," she explained. "He's got a buddy in the White House who's not about to tell California to drop dead if they want to tighten their own standards."

Schweitzer Weighs In on Rail Extension to East L.A.

|
November 30, 2008

The Los Angeles Times quoted Assistant Professor Lisa Schweitzer about the light rail extension set to join Union Station with East Los Angeles. Rail lines mean access, which is valuable, Schweitzer said. Rail means a bump in property values, with land around the line becoming "perpetually valuable," she added.

Bostic Examines Fed's Efforts to Stabilize Credit Markets

|
November 26, 2008

The Orange County Register featured Professor Raphael Bostic in a Q&A about the Fed's latest efforts to bolster the credit markets. "We are really in unprecedented times," Bostic said. "It's hard to know how much of a backstop you need." The Fed's move has restored some confidence, but it's unclear if it has gone far enough, he added.

Anatomy of a Natural Disaster

|
November 20, 2008

The impact of Hurricane Katrina continues to be felt in the New Orleans region and beyond as researchers and policymakers examine what went wrong and how to deal with the effects of a similar disaster in the future. The latest contribution comes from a team of professors at the USC School of Policy, Planning, and Development, who edited and wrote chapters for Natural Disaster Analysis After Hurricane Katrina: Risk Assessment, Economic Impacts and Social Implications.

Asian Pacific Islander Caucus Hosts First Panel

|
November 20, 2008

The Asian Pacific Islander Caucus, a new student organization at the USC School of Policy, Planning, and Development, hosted its inaugural event -- a panel discussion at Lewis Hall addressing key issues currently facing the Asian American community.

Study: Hispanics Worried About College Expenses

|
November 19, 2008

The San Antonio Express-News featured research by the Tomas Rivera Policy Institute at USC, Sallie Mae and Gallup Inc. on Hispanics and college education. The study, "How America Pays for College," revealed that Hispanics went to universities with cheaper tuition costs than institutions Anglos and blacks attended, paying an average of about $4,300 less per year. TRPI was also cited as a source for other statistics featured in the story.

Green Analyzes Whether Housing Market Bottoming Out

|
November 18, 2008

Public Radio International's "The Takeaway" interviewed Professor Richard Green about whether the housing market is bottoming out. "I was feeling better about getting close to a bottom before September 15, because we saw prices fall so much in so many parts of the country that owning was starting to seem like a reasonably good deal relative to renting," Green said. "But with the lack of confidence due to the financial crisis, I don't think we're close to a bottom, though I did think so six weeks ago." On September 15, credit markets fell as the failure of Lehman Brothers spread throughout the market, making it more difficult for people to get mortgages, he noted. "But the other thing is that as this crisis of confidence has worsened, people are not willing to make the long-term commitment to buying a house."

Green Discusses New Fannie Mae, Freddie Mac Plan

|
November 12, 2008

Time quoted Professor Richard Green about the new plan by Fannie Mae and Freddie Mac to reduce mortgage payments for some homeowners who can't currently meet their monthly payments. The new program doesn't forgive principal, only defers it, which may not go very far at a time when some 18 percent of mortgage holders owe more to the bank than their house is worth, the story stated. "If all they're doing is lengthening the loan maturity, it may reduce the economic stress a little bit, but it doesn't deal with the main problem, which is you have an underwater loan," Green said.

Pending Home Sales Decrease in Southern California

|
November 8, 2008

The Los Angeles Times quoted Professor Richard Green about the fall in pending home sales in Southern California. "It's harder to get financing now than it was a year ago," said Green, director of the USC Lusk Center for Real Estate. "You need a 20% down payment. A year ago, it was less than 5%." Potential homebuyers are also less willing to buy now because of high unemployment rates, Green added. "With people losing their jobs and seeing their neighbors losing their jobs, they're not going to want to make the commitment of buying a house," he explained.

Jeffe: McCain Must Act as Bridge Between Obama, GOP

|
November 5, 2008

Agence France-Presse quoted SPD Senior Fellow Sherry Bebitch Jeffe about John McCain's role in the Senate following his loss to Barack Obama. "I think that's the role he must play -- to be a bridge between Obama and the Republicans on the Hill," Jeffe said. "It's clearly the kind of role that McCain feels comfortable in. He built his reputation on working across the aisle and that is what he has to do again. It makes infinite sense for him to attempt to work in partnership with Obama."

CalPERS Faces Financial Challenges

|
November 13, 2008

The Los Angeles Times quoted SPPD Associate Professor Gary Painter about financial problems facing CalPERS, California's largest public pension fund, which is losing value due to its housing investment portfolio. "It's certainly frightening for those who look forward to getting their pensions from the California system," said Painter, director of research at the USC Lusk Center for Real Estate.

Rep. Waxman Attempts to Unseat Energy Chairman

|
November 12, 2008

The Congressional Quarterly quoted SPPD Senior Fellow Sherry Bebitch Jeffe about Rep. Henry Waxman. Waxman is reportedly trying to unseat veteran House Energy and Commerce Chairman John D. Dingell, in part by appealing to freshman legislators whose campaigns received contributions by the California congressman. "The last time this strategy was used by Henry, it worked," Jeffe said. "That tells me he has a good chance."

Keston Associate Director Receives National Honor

|
November 6, 2008

Dr. Louise Nelson Dyble, associate director for research at the USC Keston Institute for Public Finance and Infrastructure Policy, recently received the American Public Works Association (APWA) Michael Robinson Award for her article, "Revolt Against Sprawl: Transportation and the Origins of the Marin County Growth-Control Regime."

Green Discusses Payment Trends among Homeowners

|
November 5, 2008

The Wall Street Journal quoted SPPD Professor Richard Green, director of the USC Lusk Center for Real Estate, about research suggesting that homeowners tend to continue paying down their mortgages despite falling home values, provided they can afford their payments. Homeowners in California were more likely than expected to keep paying during the deep 1990s slump, Green said.

Renegotiating Bad Home Loans May Create Price Floor

|
November 4, 2008

BusinessWeek quoted Professor Raphael Bostic about what would happen if the federal government renegotiated troubled mortgages. Such a move would help put a floor under housing prices, Bostic said. "Everyone is trying to figure out where the bottom is," he explained. "People are not going think there's a bottom if they know there's a flood of distressed assets still coming up for sale." Bostic is director of the master of real estate development program at SPPD.

Support for Arts Is Vital During Economic Downturn

|
October, 31, 2008

Bloomberg News quoted Assistant Professor Elizabeth Currid about public support of the arts. "In a time of economic turmoil, the arts is the last thing on anyone's mind, and yet it's the most important time to support the arts," Currid said. The extent to which the arts contribute to the economy is well documented, the story stated. "In Los Angeles and New York, the arts account for 5 percent of the workforce, about the same as the financial sector," Currid noted. "The artists make cities more attractive to live in and they are incredibly important for tourism. Nobody comes to New York to look at the law firms."
October 31, 2008

The Los Angeles Times cited a USC Lusk Center for Real Estate study in an op-ed. According to the study, conducted in collaboration with UCLA, the slide in home values is likely to significantly constrict spending by consumers, making it harder for the economy to rebound. "We have shown that consumers react more radically to changes in their housing wealth than to changes in the size of their bank accounts," the study's authors wrote. The Orange County Register also covered the research.

Jeffe Discusses Increase in Obama Ads

|
October 30, 2008

The Los Angeles Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the surge in Barack Obama ads hitting the airwaves. Obama has been outspending John McCain on ads because of a large fundraising advantage, the story stated. "If you have the money, you spend it," Jeffe said.

Panel Addresses Downtown's Revitalization

|
October 29, 2008

During an Oct. 21 panel hosted by the USC School of Policy, Planning, and Development, Los Angeles City Councilwoman Jan Perry said that the goal of downtown's revitalization effort is to restore "the excitement of an earlier time." The changing downtown landscape was the focus of the panel discussion, which took place inside City Hall. The event was part of the SPPD Dean's Speaker Series.
October 29, 2008

Bloomberg News featured a new study by SPPD Professors Gary Painter and Raphael Bostic, along with Stuart Gabriel of the UCLA Ziman Center for Real Estate. The economists found that lunging home prices will cut economic growth in the U.S. more than the drop in stock prices this year. A 10 percent decline in housing wealth results in a $105 billion - or 1.2 percent - reduction in personal spending, according to the three-year study. Consumer spending accounts for about 70 percent of GDP, so that drop would result in a reduction in real GDP growth of 1 percentage point, the study found. "The reason, I believe, the effects are smaller for financial wealth than for housing wealth is that people tend to view those changes in housing wealth as more permanent," Painter said. "Consumption will be impacted by the decline in housing wealth for a while," he added. The study is scheduled to be published next year in the journal, Regional Science and Urban Economics.

Double-Decker Buses Show New Angles of L.A. Tourism

|
October 28, 2008

The Los Angeles Times quoted Assistant Professor Elizabeth Currid about double-decker tourist buses in Los Angeles. The buses are a gambit by L.A.'s biggest tour operator to broaden the areas in which tourists roam, the story stated. "The double-decker buses aren't the silver bullet," Currid said. "But great cities are great cities because of all the little things adding up. The cumulative effect of all the little things actually adds up to something important."

Jeffe Discusses North County's Support for Prop 8

|
October 27, 2008

The North County Times quoted SPPD Senior Fellow Sherry Bebitch Jeffe about the large amount of money raised from North County residents to support Proposition 8, which would ban same-sex marriage in California. "It's the tale of the demographic and ideological makeup of North County," Jeffe said.

Currid Examines Candidates' Positions on Arts Funding

|
October 24, 2008

The Los Angeles Times quoted Assistant Professor Elizabeth Currid about Barack Obama's and John McCain's positions on arts funding. McCain's near silence on the issue shows indifference toward the arts, Currid said. "No one says they don't support the arts. But they say it implicitly," she added. Obama's proposals to bolster the arts with federal money and programs show that he has put his left foot forward to support the arts, Currid said.

Transportation Center Still on the Move

|
October 22, 2008

METRANS celebrates 10 years of research and education on metropolitan transportation. For the past decade, the center has aimed at "generating the highest quality basic and applied research," according to METRANS Director Genevieve Giuliano, professor and senior associate dean at the USC School of Policy, Planning, and Development.

CED Contributes to Green Jobs Growth in Inland Empire

|
October 22, 2008

The Press-Enterprise cited a report by the Center for Economic Development at the USC School of Policy, Planning, and Development. The center developed the strategy for the Green Valley Initiative, a private-public group launched in June 2007 to foster the growth of green jobs in the Inland Empire, the story noted. The U.S. Department of Commerce recently approved the plan, which includes 18 programs to make the region a green business hub and combat job loss and low wages.

Investor Fear Driving Current Market Turmoil

|
October 20, 2008

The Los Angeles Business Journal quoted Professor Richard Green about the current market turmoil. "So much of this is being by driven by investor psychology," Green said. "Because so much of this is being driven by fear, as well as real stuff going on, as long as people are scared and no lending is happening this is going to ripple through every sector of the economy." Green is director of the USC Lusk Center for Real Estate.

Boomers Fueling Housing Market Slump, Myers Says

|
October 21, 2008

SPPD Professor Dowell Myers was quoted in a Wall Street Journal news story about the role that retiring baby boomers are playing in the housing market downturn. "The generational crash is when there are too many older homeowners and not enough buyers," Myers said.

Restoring Confidence in Economy Is the "Big Issue"

|
October 19, 2008

The San Diego Union-Tribune quoted SPPD Professor Raphael Bostic about the financial markets. "The big issue is how to restore confidence," Bostic said. "Right now, there's still a bit of frenzy and chaos in the marketplace." Bostic is director of the master of real estate development program at the USC School of Policy, Planning, and Development.

Green Examines Southland Office Vacancies

|
October 17, 2008

The Los Angeles Times quoted Professor Richard Green about an increase in Southland office space vacancies. Landlords will keep their asking rents up as long as they can, while offering other incentives such as reduced parking prices and generous allowances to help tenants build out their office interiors, Green said. It's only when those types of inducements are no longer sufficient that property owners tend to lower rents, he added.

Currid to Speak on Cultural Economy at Rutgers Symposium

|
October 17, 2008

The Star-Ledger reported that SPPD Assistant Professor Elizabeth Currid will speak at a symposium held at Rutgers, The State University of New Jersey. The conference will investigate how the cultural economy works, the roles of state and local government in promoting it, and how cultural advocates measure success, the article noted.

Bostic Discusses Price Trends in Housing Market

|
October 16, 2008

The Los Angeles Times quoted Professor Raphael Bostic about price trends in the housing market. Additional notices of default and foreclosure are expected in 2009, when a new wave of adjustable mortgages will reset, the story noted. That will continue to push down the median prices of homes statewide, possibly into 2010, Bostic said. "Prices could inch up month over month next year, but a lot of moving parts have to align in the economy for that to happen," he explained.

Rescue Plan May Help Solve Housing Crisis, Green Says

|
October 15, 2008

The Wall Street Journal quoted Professor Richard Green about how government intervention in the housing and financial markets will affect homeowners. Green said that over time, the government's rescue effort could make it easier for borrowers in high-cost markets such as California, New York and Boston to get a mortgage, by reducing rates for jumbo loans, those too big for government backing. The government needs to push mortgage companies to take advantage of the Hope for Homeowners program, which aims to put borrowers into affordable loans, but requires that they share any resulting price appreciation with the federal government, Green added. The program "pretty much gets the incentives right," he said.

Obama Offers New Recovery Strategy

|
October 14, 2008

The Los Angeles Times quoted SPPD Associate Professor Gary Painter about Barack Obama's plan to create a federal agency charged with helping states that are caught in the credit crunch. "It's really a small cost for the Treasury, but it could have really important benefits to keep the local governments running," Painter said.

Panel Charts Financial Market Breakdown

|
October 14, 2008

A panel of preeminent financial experts, including USC faculty, weighed in with their insights on how Wall Street plunged into a tailspin -- and also how to remedy the ailing markets. "Multi-party greed" drove the downturn, says Raphael Bostic, professor at the USC School of Policy, Planning and Development.

McCain Slipping Among Some OC Republicans

|
October 13, 2008

The Orange County Register quoted SPPD Senior Fellow Sherry Bebitch Jeffe regarding a news article about an anti-Obama Web site. "By writing a story about it, you're giving them the press they seek and are sending people there that wouldn't otherwise go," Jeffe said.

Jeffe Discusses Anti-Obama Site

|
October 9, 2008

Sherry Bebitch Jeffe was quoted in the Orange County Register about a Web site aimed at "swift-boating" Barack Obama. "I don't think this particular Web site is effective," Jeffe said. "But you can't be sure it won't have some effect."

Interest Rate Cut May Affect Mortgage Lending

|
October 8, 2008

Professor Richard Green was quoted in the Press-Enterprise about how the Fed's most recent interest rate cut will affect mortgage lending. It's unlikely that the cut will stimulate the economy, because banks will not respond by increasing their lending in the current climate, Green said. "They are more afraid of losing money than of not making money," he explained. Green is director of the USC Lusk Center for Real Estate.

Ross Discusses Preventing Second CA Housing Hit

|
October 7, 2008

SPPD Distinguished Fellow Stan Ross was quoted in The Wall Street Journal about the savings and loan crisis of the 1980s, during which the federal government's Resolution Trust Corp (RTC) sold off distressed properties at rock-bottom prices. The move has been blamed for further depressing home values, as entire communities were turned over to absentee landlords, the story stated. However, places like Moreno Valley in Riverside County were already suffering from substantially reduced values when the RTC took control, said Ross, chairman of the board of the USC Lusk Center for Real Estate. "It's so easy to blame the government in these situations," he added.

Financial Crisis Delivers Blow to California Budget

|
October 3, 2008

Richard Little was quoted in the Orange County Register about how the credit crunch is affecting California's budget. The slowing economy has Wall Street shunning state and municipal bonds, which is forcing governments nationwide to cancel debt sales, the story noted. "Nobody really wants to loan a whole lot of money," Little said. "It's not a good time for anybody, really." Little is the director of the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.

How Wall Street Crisis Impacts Average Person

|
October 2, 2008

Professor Raphael Bostic was quoted in a Ventura County Star article about how the financial crisis impacts the average person. The credit crunch is affecting people's ability to get loans for homes, the story noted. "You have to be more than prime these days -- you have to be pristine," Bostic said.

Pachon: New Citizenship Test May Be "Step Backward"

|
October 1, 2008

Professor Harry Pachon was quoted in the Los Angeles Times about the new citizenship test being phased in by U.S. immigration authorities. Some fear that the new format, which emphasizes concepts rather than facts, could result in examiners denying citizenship based on whims or prejudices, the story stated. For that reason, the new test is a "step backward," Pachon said. "There's latitude in answering the questions and that's where the problem lies," he explained. "There's potential for abuse and not knowing what to prepare for." Pachon is president of the Tomas River Policy Institute.

Green Examines How U.S. Mortgage Finance System "Got Here"

|
October 1, 2008

Mortgage Banking magazine featured an article written by SPPD Professor Richard Green on how the American mortgage finance system has progressed from the days of the Great Depression to where it is today. Green is chair of the USC Lusk Center for Real Estate.

Changing Public Perceptions of Governor Palin

|
September 29, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted in Australia's Canberra Times about Sarah Palin and how her foreign policy inexperience is unlikely to sow doubt among the conservative Republican base. "The party base doesn't care about foreign policy, so it should not be too much of a concern," Jeffe said. "But the media love affair [with Palin] is over," she added.

Jeffe Analyzes First Presidential Debate

|
September 27, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted in the Columbus Dispatch about the first presidential debate. "Obama did well enough," Jeffe said. "He showed he knew what he was talking about. I do believe the debate was more helpful to Obama in establishing himself on an even playing field on the issue of foreign policy," she added.

Chances of Housing Recovery Have Improved, Green Says

|
September 24, 2008

An Orange County Register article featured a talk by Professor Richard Green, director of the USC Lusk Center for Real Estate, held at a real estate law firm. Prospects for housing market recovery have improved recently, Green said. Factors that bode well for the market include a declining inventory of homes for sale, conditions that favor buying over renting, and the government takeover of Fannie Mae and Freddie Mac, the article stated. Green also spoke about studies comparing the advantages and disadvantages of home ownership in general. While homeownership inhibits mobility, which can affect the labor market, studies show that children of homeowners tend to do better than those of renters, he said.

Myers Discusses Immigrant Settlement Patterns

|
September 23, 2008

SPPD Professor Dowell Myers was quoted in Forbes about immigrant settlement patterns within the United States. New immigrants try to find a large community of immigrants with similar backgrounds, the story stated. "When people move to a new place, they want to be around those that they know," Myers said.

SPPD Students Tackle Policy Issues Abroad

|
This past summer, more than 40 master's students representing all programs of study with the USC School of Policy, Planning, and Development took part in the school's international lab program, doing research in Foshan, China, and Rio de Janeiro, Brazil.

Green Discusses Inflated Global Real Estate Prices

|
September 18, 2008

Professor Richard Green, director of the USC Lusk Center for Real Estate, was quoted in Forbesabout the types of houses one can buy these days with $1 million. In many U.S. cities, inflated real estate prices can hold firm or slide only slightly in the city center, even as they collapse in the surrounding areas, Green said. "In the inland areas of Los Angeles, you can get a 4,000-square-foot house -- a huge house," he noted. But in popular Santa Monica or Marina Del Rey, "You'll get a shack."

Jeffe Gets "to the Meat of Oft-Heard Political Jab"

|
September 11, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted in a USA Today story about Barack Obama's controversial "lipstick on a pig" comment, which John McCain's campaign has called sexist. "Lipstick on a pig" is the cousin of another old chestnut, the one about making a "silk purse out of a sow's ear," Jeffe said. "It means taking something that you can't change - that's a negative - and putting the best spin on it," Jeffe said. "It has nothing to do with sexism."

Study: For Sex, Brain Is More Important than Hormones

|
September 8, 2008

Research led by SPPD Professor Howard Greenwald was featured in a United Press International story. Greenwald and colleagues found evidence that sexual enjoyment involves more than hormones, the story reported. The scientists conducted their research on cervical cancer survivors who had had both ovaries removed. The study found that after six years, most survivors' sexual desire and enjoyment rebounds, the story noted.

Bostic: Bailout a "Good Thing" for So. Cal Real Estate Market

|
September 8, 2008

Professor Raphael Bostic was interviewed by KFI-AM about the Fannie Mae and Freddie Mac takeover. The federal government stepping in will mean more stability in the market and probably a drop in interest rates for some home loans, according to the story. "For California, it will be a good thing," said Bostic, director of the Master of Real Estate Development program at SPPD. "[W]ith the recent increase in the loan limit for Fannie and Freddie, a lot of homeowners will have access to those cheaper mortgages."

Seeding the Future With 'Podcars'

|
September 8, 2008

SPPD Associate Professor Catherine Burke wrote an op-ed for the Los Angeles Times about improving mass transit with "podcars." These personal rapid transit vehicles would provide on-demand, private, nonstop travel on small, overhead guideways above existing roads, Burke wrote. "Podcars offer a new kind of service, providing the convenience of an auto without the negatives for the individual - costly to purchase plus high costs for gasoline, insurance, maintenance and parking. For society, podcars would reduce the use of petroleum as well as pollution, congestion, accidents, injuries and deaths," she noted. "With governments in Europe and South Korea already supporting this development, the U.S. needs to get onboard and begin test runs on the podcar designs being created in this country."

Jeffe Weighs in on Gay Marriage Amendment

|
September 7, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted about California's Proposition 8, which would amend the state's constitution to ban same-sex marriage. "Republicans and conservatives tend to support it more," Jeffe said. "Hispanics are a potential group of supporters," she added. "Democrats tend not to. Moderates and liberals tend not to. Independents are more receptive to the idea of single-sex marriage."

Home Foreclosure Rates Set Record

|
September 6, 2008

Professor Richard Green was quoted in the Los Angeles Times about record-setting home foreclosure rates in the United States. To make things worse, the U.S. jobless rate jumped in August to a nearly five-year high, the story stated. "It's really the very last thing the housing market needs right now - unemployment going up and we're heading into a recession," Green said. Job losses in construction and lending in the hard-hit Inland Empire are spreading to manufacturing, he noted. "And that causes a spillover effect," Green said. "If manufacturers are laying off people this month, retailers are likely to be laying off people next month." Green is director of the USC Lusk Center for Real Estate, the story noted.

Kingsley Discusses Republican VP Nomination, Convention

|
September 5, 2008

SPPD Adjunct Professor Dora Kingsley was interviewed on New York affiliate WNYC-FM about Sarah Palin. "I'm so pleased with the nomination of Gov. Palin and the opportunities that Sen. Clinton has afforded women in the process of making public policy and decision-making, and that's why I'm excited to be a Republican this year," she said. Kingsley is a delegate at the Republic National Convention in St. Paul, the story noted.

Southern California Demographics Are Changing

|
August 27, 2008

Professor Dowell Myers was highlighted in a Los Angeles Times story about demographic changes in Southern California. "The population is getting older, and older people have higher incomes," Myers said. Also, immigration rates are continuing to decline, and it is the most recent newcomers who tend to have the highest poverty rates, he said. "We have an immigrant population that is settling in, and that is raising their incomes," Myers explained.

Clinton Speech Delivers for Obama, and Herself

|
August 27, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted by the San Diego Union-Tribune about Hillary Clinton's address at the Democratic convention last night. It was one of the best speeches Clinton has ever given, Jeffe said. "She really knocked it out of the ballpark," Jeffe added.

Obama Needs to Win Hillary Supporters

|
August 27, 2008

SPPD Senior Fellow Sherry Bebitch Jeffe was quoted in a Congressional Quarterly article about Barack Obama's need to win over Hillary Clinton supporters. The Democratic nominee faces a big challenge in attracting Clinton's "most rock-solid base: the 'Hillary women, '" Jeffe said. "They are not moving over to Obama, and probably won't even if Hillary goes all out," Jeffe added.

Discounts and Interest Rates Fuel Home Sales

|
August 26, 2008

Associate Professor Gary Painter was quoted in the Ventura County Star about the housing market in Southern California. While a significant percentage of the homes sold are foreclosures, last month's uptick in sales is "encouraging nonetheless," Painter said. However, prices probably won't be heading up until 2010, he predicted. "It's still a transition time," Painter explained.

North County's Foreclosures Strike Older Neighborhoods

|
August 22, 2008

Professor Raphael Bostic was quoted in the North County Times about increasing home sales in some areas. Broader economic problems beyond the sub-prime mortgage crisis could still bring bad news, the story noted. "This pickup in sales is an indication that we're getting to a regular market," said Bostic, director of the Master of Real Estate Development program at SPPD. "But it doesn't mean that we're not going to see more of the distress that we have already seen."

Green Weighs In on Housing Slump

|
August 16, 2008

Professor Richard Green was featured in a Q&A article in the Orange County Register on the housing slump. "My general view is that places close to employment centers will recover more rapidly than places that are further away, in large part because of gasoline prices," he said. "I think the speed and magnitude surprised almost all of us who follow housing markets," he said of the housing crisis. Green is director of the USC Lusk Center for Real Estate.

Little Serves as Panelist at Sustainability Conference

|
August 15, 2008

Richard Little is among panelists at a conference on sustainability at Arizona State University, a story in the Arizona Republic reported. Little directs the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.

Rising Gas Prices Lead to Less Driving

|
August 14, 2008

SPPD Assistant Professor Lisa Schweitzer was quoted in a widely carried story about Americans driving less. People are driving less not only because of high gas prices, but because the things they do at the destination have also become more expensive, Schweitzer said.

U.S. Motorists Hit the Brakes in June

|
August 14, 2008

SPPD Assistant Professor Lisa Schweitzer was quoted in the Seattle Time about the recent dip in American gas consumption. Gas prices aren't the only deterrent to driving, Schweitzer said. "Not only is it expensive to get anywhere, but you have to pay more for whatever you do when you get there," she noted.

Presidential Candidates' Transportation Policy

|
August 12, 2008

SPPD Assistant Professor Lisa Schweitzer was quoted in the Los Angeles Times about transportation policy and the presidential election. "I think both sides of the political spectrum agree that Americans' consumption patterns have to change," Schweitzer said in a story on USC's Election 2008 Web site, cited by the Times. "For example, we had President Bush's 'addicted to oil' comments in his State of the Union address a few years ago. Barack Obama has transit in his platform, and John McCain's platform includes advanced transportation technologies to deal with both energy and climate change. Everybody sees the writing on the wall clearly enough; the devil is in the implementation."

Experts: State Must Plan for Demographic Shift

|
August 12, 2008

Professor Dowell Myers was quoted in the San Francisco Chronicle about California's budget and the state's need to plan for a demographic shift. "The state is trapped in this short-term cycle," Myers said. "If we didn't have term limits maybe we could keep Schwarzenegger around for another four or eight years and we could straighten it out," Myers added. "But we're trapped in a deadly spiral of short-term disaster."

Obama Speech Draws Large Ticket Demand

|
August 7, 2008

Sherry Bebitch Jeffe was quoted in the Rocky Mountain News about high demand for tickets to Barack Obama's nomination speech at the Democratic National Convention. The historic nature of the convention and the enthusiasm of Obama supporters will generate a huge demand for tickets, but there will be little downside from would-be attendees who get shut out, said Jeffe, senior fellow at SPPD. "People at this point in time are used to being locked out of concerts and sporting events. It happens. I really don't see people rising up in anger over not getting a ticket to the speech," she said.

Demographic Changes May Favor Democrats

|
August 5, 2008

SPPD Professor Dowell Myers was quoted in a New York Times story about demographic changes that may favor Democrats. A younger, native-born Latino generation that has a tendency to support Democrats is coming of age, Myers said.

Sound and Fury Over Energy, But Few Results

|
July 31, 2008

Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was quoted in the Congressional Quarterly about congressional efforts to permit offshore oil drilling. Relentless Republican attacks on Democrats regarding the issue have hurt Democrats, who have been slow to counter them, Jeffe said. "It's interesting to me that it's taken so long [for Democrats] to figure out how to come back on this without giving in on offshore drilling," she said.

Penalty for Downtown L.A. Grand Avenue Project

|
July 29, 2008

In a Los Angeles Times story, Prof. Gary Painter was quoted about the penalty for delays with Los Angeles' Grand Avenue project. The board overseeing the project approved a measure stipulating that if the project is delayed beyond February, the developer will be fined $250,000 a month. Financial penalties like this can sometimes help get projects moving, Painter said. He added that $250,000 per month seemed not a large sum of money relative to the scale of the project.

Web Sites May Give Skewed Info on Neighborhoods

|
July 18, 2008

Prof. Dowell Myers was quoted in a widely carried Associated Press story in USA Today about Web sites that use government data to provide potential home buyers with maps of criminal activity in a neighborhood. One site includes the residences of people who were arrested for crimes but not convicted, the article noted. The wealth of data provided these sites can distort what's happening in a given community, Myers said. "It amounts to a rumor that's constructed out of real data, but presented in a way as though it represents a level of threat, that's how people read it. And whether it actually represents risk to the buyer is totally uncertain."

Pivotal Latino Vote is Courted

|
July 17, 2008

Harry Pachon was quoted in a San Diego Union-Tribune story about the Latino vote in the November presidential election. "I think there's no doubt that the Latino vote is going to go Democratic," Pachon said. "The real question is how Democratic," he added. "Obama cannot be satisfied with just getting a majority. He's got to get a big majority because the incremental vote for McCain could make a difference." Pachon is president of USC's Tomas Rivera Policy Institute, the story noted.

Turmoil in Credit Impacts Housing

|
July 17, 2008

Prof. Gary Painter was quoted in a Ventura County Star story about the impact of credit turmoil on the housing market. "It's definitely a time of turbulence right now, that's for sure," Painter said. "There's no sign of a quick turnaround." Painter is director of research at the USC Lusk Center for Real Estate, the article noted.

Painter on the Effect of Bank Mergers

|
July 16, 2008

Gary Painter was quoted in a recent La Opinion story about the impact of bank mergers on consumers. In the short term, mergers can have a positive effect on the industry, in that they can prevent institutions from going bankrupt, but in the long term, it's better for consumers to have more options, Painter said. An abundance of "giants" poses dangers for the industry, he added.

Myers Discusses Effect of Soaring Gas Prices

|
July 14, 2008

Prof. Dowell Myers of was quoted in the San Diego Union Tribune about how different communities will be affected by high gas prices. Developments in more far-flung communities will experience the biggest hit first, Myers said. "Geriatric villages" replete with health clubs and art galleries will flourish in closer-in neighborhoods, as aging baby boomers demand more amenities to entice them to leave the suburbs, he said. "Firms will locate where they can recruit workers better," he added. "That's why they've already moved to the suburbs, and they may still stay out there."

McCain Brings in New Strategist

|
July 8, 2008

Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was quoted in a New York Sun article about John McCain's campaign organization. Observers speculate that McCain may bring in Michael Murphy, a strategist in his 2000 presidential bid, to work on the campaign's message. However, this might be an awkward fit with Steve Schmidt, an operative from President Bush's 2004 campaign, who took over McCain's day-to-day operations last week. "I don't see a co-campaign manager dynamic working out," Jeffe said. "If Murphy comes in only to do the media, if they cut that piece off and that's his, that's one thing, but I don't think it's helpful to have two people calling the shots," she added.

Military Experience Helps Candidates

|
July 6, 2008

Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was quoted in a Columbus Dispatch article on how presidential candidates benefit from military experience. Military experience "does help a candidate make the case that his expertise goes beyond the boundaries of the United States," Jeffe said.

Newsom Faces Public Backlash

|
July 3, 2008

Sherry Bebitch Jeffe was quoted in a Los Angeles Times story about backlash faced by San Francisco Mayor Gavin Newsom over several young illegal immigrant drug dealers who escaped from an unguarded Inland Empire facility, to which they had been escorted by the city. If Newsom won the Democratic nomination for California governor in 2010, Inland California voters would be critical in the general election, said Jeffe, senior fellow at the USC School of Policy, Planning, and Development.

Counties Feel Impact of Hispanic Immigrants

|
June 29, 2008

Dowell Myers was quoted the USA Today about baby boomers and Latino immigrants. For a nation bracing to support 79 million baby boomers in their old age, the growing and younger population of Latinos should be viewed as economic salvation, Myers said. "Children are always a fiscal burden, yet children are also the lifeblood of every community," he explained. "What's killing Japan and threatening the economic future of Europe is that they don't have enough kids, and that's what's depriving these rural areas in America," he added. Myers is the author of Immigrants and Boomers: Forging a New Social Contract for the Future of America, the story noted.

Hope for Housing Market in State

|
June 27, 2008

A story in the San Francisco Chronicle featured housing market analysis by experts from the USC Lusk Center for Real Estate. "We don't have a lot further to go [down in price]," Conway said, predicting a leveling off in the next year or two. Of the major California cities, San Francisco and San Jose are in the best shape, with home prices flattening, instead of plunging like those in Southern California and inland, said Raphael Bostic, director of the USC Master's of Real Estate Development program. "We have been through periods of profound turbulence in our financial markets, only to see things respond more rapidly than anyone had predicted," said Richard Green, who directs the Lusk Center. Conway directs USC's Casden Real Estate Economic Forecast, the article noted.

Hispanic Voter Turnout Expected to Increase

|
June 26, 2008

The Tomas Rivera Policy Institute at USC was cited in a column in the Wall Street Journal. At least 9.3 million Latino voters will go to the polls in November, an increase of 23 percent over 2004, according to institute

Presidential Election May Impact Gay Rights Ballot

|
June 22, 2008

Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was quoted in the San Diego Union-Tribune about whether the presidential election will affect the outcome of the California initiative banning gay marriage. "If the young kids come out and vote for Obama - and I think they will - that could turn it around," Jeffe said.

Mergers May Raise Health Costs

|
June 22, 2008

Research by SPPD Prof. Glenn Melnick of the was cited in the Waco Tribune-Herald regarding the effect of health care company mergers on health care costs. Following recent mergers in California, prices have generally risen 10 percent to 30 percent, sometimes within months, Melnick said. Melnick is a health economist for the RAND Corporation, the story noted.

Housing Slump Affecting Rental Market

|
June 21, 2008

Raphael Bostic of the USC Lusk Center for Real Estate was cited in a New York Times story about the rental market. In Los Angeles, the housing market slump has begun to push up vacancies as condominiums are converted into rentals, he said. Bostic is associate director of the Lusk Center, the article noted.

June 11, 2008

Professor Dowell Myers served as an expert witness before the California Senate Select Committee on Immigration and the Economy on June 9. His testimony before state lawmakers was featured on BBC Radio World Service. Myers' research suggests that immigrants can help fill the gap left in the work force as aging baby boomers retire, the BBC story noted. "People view immigration as being a problem about immigrants, but really our problem today is not immigrants but is the rest of us," Myers said. "The number of seniors is skyrocketing. We have to figure out how we're going to live in an aging society. Immigrants are part of the solution, they're not the problem."

Finding a Traffic Solution

|
June 11, 2008

A study by Genevieve Giuliano was cited in a Los Angeles Times story on traffic congestion in southern California. "People say they want less traffic, but they don't want to be forced to alter their habits," the story stated. The mandatory changes required for the 1984 Olympics worked because the changes required were temporary, according to Giuliano's study.

June 9, 2008

The USC School of Policy, Planning, and Development announced today that alumnus Dr. Kenneth Macias pledged $50,000 toward the school's Chester A. Newland Endowed Professorship in Public Administration at the USC State Capital Center in Sacramento.

Los Angeles Apartment Market is Strong

|
June 9, 2008

An editorial in the Los Angeles Downtown News cited USC's Casden Real Estate Economics Forecast. The apartment market in downtown Los Angeles has been one of the tightest in the region, with occupancy in 2006 close to 98 percent, according to the forecast.

Pachon Discusses Legacy of RFK

|
June 5, 2008

Harry Pachon was interviewed on "CNN Newsroom" about Robert F. Kennedy's legacy. "The national focus on the Hispanic community is something that was new," Pachon said. "He reached out and you felt that there was really a coalition that could be made of black, Latino and white working class of, you know, voters. We all have something in common. It was very powerful at that time." Pachon is president of the Tomas Rivera Policy Institute at USC, the story noted.

Los Angeles Supervisor Election Moves to Run-Off

|
June 4, 2008

Sherry Bebitch Jeffe, senior fellow at the USC School of Policy, Planning, and Development, was interviewed on "Which Way, L.A.?" on KCRW about Tuesday's elections in California. The Los Angeles county supervisor race was whittled down to two candidates who will participate in a run-off election in November, the story stated. "It was a very interesting semi-final," Jeffe said. "I had thought that a run-off would be avoided, and I would have thought that Bernard Parks would have won [over Mark Ridley-Thomas] because his supporters are more high-propensity in what was to be a very low turnout," she said. "They are both competing for a very rare jewel in the L.A. crown: a very powerful position, with the ability to shape policy. And it's one of the few offices that still allow the exercise of power outside of the penetrating eyes of the media and the public, because it's boring and no one covers it. But developers and labor unions and businesses know all about it."

Robert Maguire's Influence Remembered

|
June 1, 2008

William Fulton wrote an op-ed in the Los Angeles Times about developer Robert Maguire III's legacy in downtown Los Angeles. "The next time you're descending the stairs between McCormick & Schmick's and Starbucks in U.S. Bank Tower and gazing at the expanded Central Library, think of Robert Maguire," Fulton wrote. "His office building will probably go condo sooner than later, but the Bunker Hill Steps and the Central Library will forever be monuments to his deal-making genius. Even though he's now in his 70s, Maguire will probably be back in some form. After all, wily developers have at least nine lives -- and they usually go bankrupt between each one."

Jeffe Discusses Political Family Dynasties

|
May 29, 2008

Sherry Bebitch Jeffe of the USC School of Policy, Planning, and Development was quoted in the San Francisco Sentinel about widows of politicians who succeed their husbands. "When I was in college, it was said that the only way for a woman to get to Congress was wait for her husband to die," Jeffe said.

Vallejo Files for Bankruptcy

|
May 24, 2008

Juliet Musso of was quoted by the Los Angeles Times about the city of Vallejo's filing for bankruptcy. It appears that Vallejo negotiated contracts with employees that were too burdensome when the economy slowed down, Musso said. "It's a continuation of the story of bust-and-boom cycles in California," she explained.

Rise in Home Sales may not be Turning Point

|
May 20, 2008

Prof. Gary Painter was quoted in the Ventura County Star about whether recent statistics indicate a recovery in the housing market. "It's premature to say whether the market is at a turning point," Painter said. "It's very easy, when you're in a market like this one, to have little blips here and there," he explained. Painter is director of research at the USC Lusk Center for Real Estate, the story noted.

Study Analyzes Assimilation of Mexican Immigrants

|
May 15, 2008

Prof. Dowell Myers was quoted in U.S. News and World Report about variations among immigrant populations. "Asians show up with a lot more money, oftentimes," Myers said. "They have a higher education to begin with, and many of them are entrepreneurs." The Asian experience recalls a general rule of today's immigrants: The farther you have to migrate, the wealthier you probably were in your country of origin, the story stated. "Poor people can't afford a plane trip across the ocean, but poor people can walk across the border," Myers explained. "Poor Africans and poor Chinese can't do it."

Myers Examines Public's Misperception of Immigrants

|
May 15, 2008

Prof. Dowell Myers was quoted in an op-ed in the Wall Street Journal about immigration policy. Public discourse on the subject can be colored by what Myers calls the "Peter Pan Fallacy," the story stated. "Many of us assume, unwittingly, that immigrants are like Peter Pan, forever frozen in their status as newcomers, never aging, never advancing economically, and never assimilating," Myers said. In this naive view, "the mounting numbers of foreign-born residents imply that our nation is becoming dominated by growing numbers of people who perpetually resemble newcomers," he said.

May 13, 2008

Jim Lewis vividly remembers the kind of enriching "family environment" present at the USC School of Policy, Planning, and Development during his undergraduate years more than a decade ago. "Faculty members exposed me to things I never would have imagined," Lewis said. "They invested in me." Now, he's returning the favor. Lewis, the 33-year-old the assistant city manager of Atascadero, Calif., recently donated a $250,000 insurance trust to SPPD.

Myers Analyzes Assimilation Trends Among Immigrant Groups

|
May 13, 2008

Prof. Dowell Myers was quoted in USA Today about an index aimed at measuring immigrant assimilation. An index is a futile effort, because different characteristics change at different rates, Myers said. Some changes happen in a few years, while others take a lifetime or even several generations, he said.

Weak Market Causing Downtown Development Problems

|
May 12, 2008

Prof. Raphael Bostic was quoted in the Los Angeles Downtown News about the impact of the housing market slump on planned downtown L.A. developments. "The softening market means that all developers are having to re-evaluate their plans," Bostic said. "Many of these projects were originally conceived with very aggressive rents both for the residential and the commercial," he explained. "Part of the difficulty in doing real estate development is that you have to be a forecaster, and for many projects the forecasts just aren't matching up with what's actually happening," he said.

CNBC Video: Bostic Discusses Oil Pressure, Housing Market

|
May 8, 2008

Prof. Raphael Bostic was interviewed on CNBC about rising oil prices and the housing market. Expensive fuel will negatively impact the housing market since it is linked, especially psychologically, to consumer spending and people's feelings about the economy, Bostic said. "We know that consumer spending is an important part of the economy, and it provides a benchmark for what people will decide to do in terms of major purchases," he explained. In the long term, increasing fuel costs might affect development patterns, he added. "I think [high prices is] why we're seeing a lot more interest on the part of developers to create urban central core type developments."

Tolling May Be Key to Unclogging L.A. Traffic

|
May 2, 2008

Prof. Peter Gordon wrote an op-ed in the Los Angeles Times about the future of Los Angeles transportation. "As more people drive, they will have more range and more options. Origins and destinations disperse. And as they disperse, more people want their autos," Gordon wrote. "There is only one intervention that will slow it down: Make driving and parking more expensive, which brings us back to tolling and pricing."

May 1, 2008

In an unprecedented sweep, all three recipients of the William A. Carlson Fellowship award - presented by the California Redevelopment Agency in March - are current students at SPPD.

May 1, 2008

Professor Dowell Myers was cited in a Wall Street Journal story on Hispanic demographics in the United States. As Americans age and the baby boom generation retires, Latinos may help buttress the economy and the Social Security system, the article stated. The ratio of senior citizens to working-age people age 25 to 64 will grow to 411 seniors per 1,000 working-age people in 2030, from 250 per 1,000 in 2010, according to Myers.
May 1, 2008

Prof. Peter Gordon wrote an op-ed for the Los Angeles Times about city planning and traffic congestion in Los Angeles. "Lifestyle choices and the demographic composition of our population are ever-changing," Gordon wrote. "It is the job of builders to figure out how to respond, and those who get it right make sales and money. Those who get it wrong suffer losses and end up in another line of work. The only thing that stands in the way is politics. When politicians get involved, as they increasingly want to do, the process favors large and well-connected developers."

Jeffe on Jerry Brown's Run for Governor

|
May 1, 2008

Sherry Bebitch Jeffe of was quoted in the Press Enterprise about Jerry Brown, California's former governor and current attorney general. Brown's possible run for governor in 2010 depends on whether he can crack down on problems at Indian casinos and simultaneously solicit tribes' political support, the story stated. "If questions are raised about the appropriateness of that relationship and they aren't responded to... it's dangerous for the candidate," Jeffe said. "In politics, perception is reality."

Gordon Favors Congestion Pricing

|
April 30, 2008

Prof. Peter Gordon wrote an op-ed for the Los Angeles Times in favor of congestion pricing to alleviate Los Angeles traffic problems. The congestion pricing wouldn't be like that of London, Gordon wrote. "Compared with London, our jobs and our traffic are dispersed. A pricing scheme for L.A. should be 'dynamic,' meaning that it has to be sensitive to time-of-day traffic conditions. We already know about matinee prices and early-bird specials: Prices adjust to demand specific to the time of day. There are predictable cycles of daily demand for almost all freeways, so prices must adjust. (And we must stop using the term 'freeways.')"

Charging Tolls Is Fair for L.A. Drivers

|
April 28, 2008

Prof. Peter Gordon wrote an op-ed in the Los Angeles Times supporting the conversion of some carpool lanes on Los Angeles freeways into toll lanes. "[N]ot pricing road access is demonstrably unfair," Gordon wrote. "[W]e know that if price does not ration, something else will. When we refuse to price highway access, rationing of available road space is done by overcrowding, and everyone complains about the resulting congestion," he added. "Forgoing the pricing option leads to trouble, but some always believe they can resort to something 'fairer' instead. They never have."

Subways Won't Help L.A. Traffic

|
April 29, 2008

Prof. Peter Gordon wrote an op-ed in the Los Angeles Times stating that building more subways in Los Angeles won't decrease traffic congestion. Some predict that higher gas prices will lead to more people riding transit, Gordon wrote. "I disagree because I remember the oil shocks of the 1970s. If you look at only the annual transit data over those years, you cannot find the shocks. People coped by demanding (and getting) smaller and more fuel-efficient cars. This is beginning to happen again."

Immigration Serves Interest of Older Generation, Economy

|
April 21, 2008

Prof. Dowell Myers was quoted in a Los Angeles Times story about immigration policy. This week, a USC conference will bring together former federal housing secretary Henry Cisneros and other community leaders to explore ways to help immigrants better integrate into career-oriented jobs and civic life, the story reported. "It's in the self-interest of the older generation to have immigrants here," Myers said. "Even if you don't like it, you have to ask the question: Who's going to fill your jobs, buy your homes and pay the taxes for old-age support programs?" he asked. Myers is the author of the book Immigrants and Boomers: Forging a New Social Contract for the Future of America, the story noted.

Jeffe Discusses McCain's Chances in California

|
April 10, 2008

Sherry Bebitch Jeffe was quoted in a recent Politico news story about whether John McCain can win in California. "McCain is going to have a hard time in the state no matter whom he faces," said Jeffe, a senior fellow at the USC School of Policy, Planning, and Development. "This is a state that hates President Bush, and I don't see how John McCain will be able to totally disassociate himself from the president," she said. "This is a blue state. I just don't see the arithmetic working for McCain."

What's Behind America's Housing Crisis?

|
April 3, 2008

Professor Raphael Bostic was interviewed on NPR's "News & Notes" about rising home foreclosures. The foreclosures may be due in part to Americans' view of home ownership, the story noted. "We haven't sent the message that homeownership really isn't a right, it is a privilege, and it comes with cost obligations and burdens," Bostic said. "And collectively, our society has not placed homeownership in a position such that people who are chasing homeownership actually understand that there are potential consequences." Foreclosure rates are concentrated in the African American community, he added. "Some research that I've done would suggest that even after you control for credit quality and all those sorts of issues, foreclosure is much more prevalent in a lower income minority communities," he explained. Bostic is director of the Master of Real Estate Development Program at SPPD.

Little Discusses San Diego Private Bond Sale

|
April 1, 2008

Richard Little was quoted in the San Diego Union-Tribune about San Diego considering the sale of private bonds. The funding approach is likely to rattle anyone who has been watching the credit crunch closely, Little said. "We're kind of in the midst of a shaky situation, so any kind of activity like this is going to be open to question," he explained. Little is director of the USC Keston Institute for Public Finance and Infrastructure Policy, the story noted.

SPPD Ranks Among Nation's Best for Public Affairs, Urban Planning

|
SPPD Ranks Seventh in U.S. News

Updated: Oct. 14, 2008

from SPPD Staff Reports

The USC School of Policy, Planning, and Development secured its position as one of the nation's elite, earning the seventh-place ranking among "America's Best Graduate Schools" for public affairs, according to U.S. News & World Report.

This year's rankings, which were released in March, compared 269 master's programs in the United States. Overall, SPPD finished in the top 3 percent of public affairs schools across the country.

"We are pleased that our rankings reflect SPPD's reputation as a vanguard for research and scholarship," said Jack H. Knott, the C. Erwin and Ione L. Piper Dean and professor at SPPD.

SPPD also earned high marks in several academic specialty areas. Nationwide, the school ranked fourth in city management, fifth in public management/administration, fifth in nonprofit management, ninth in health policy and management, and 10th in social policy.

In addition to U.S. News & World Report, SPPD has recently received high acclaim from other influential publications, including Planetizen -- the leading online news source for the urban planning and development community.

SPPD ranked ninth in Planetizen's "2009 Guide to Graduate Urban Planning Programs," which was published in May. The 2009 guide serves as a comprehensive resource about master's degree programs in urban planning, covering 100 schools throughout the United States and Canada.

Knott added that SPPD distinguishes itself from other public affairs schools through its multidisciplinary approach to addressing major policy issues, including health care, housing, immigration, infrastructure, transportation, risk assessment, and sustainable urban development.

"We also focus on building better institutions, improving management, and developing leadership in the public and non-profit sectors, in working with business, to provide more innovative solutions to these major issues. That's something that very few schools can do," he explained.

U.S. News & World Report released its first public affairs ratings in 1998, and has issued three sets of rankings since then (in 2001, 2004 and 2008). Each time, SPPD placed in the top 10 of the prestigious list.

Bostic Explains the 'Condo Crash'

|
March 24, 2008

Prof. Raphael Bostic was interviewed on NBC Nightly News about the condominium market. Wider problems in the housing market have forced many new developments to halt construction or go on the auction block, the story reported. "The difficult part is that real estate is cyclical," said Bostic, associate director of the USC Lusk Center for Real Estate. "For most of these cities, unfortunately, their condo product came online at a time when the housing market really was weak, and condos have been really ground zero for that weakness," he explained.

Rose Awarded Grant to Study Disaster Response

|
March 15, 2008

SPPD Research Professor Adam Rose and Garrett Asay of the USC Viterbi School are part of a four-man team that has been awarded a $750,000 National Science Foundation grant to study the public's response to disasters, a North County Times story reported. Using public surveys as a starting point, the team will then use mathematical modeling to identify everything from the pace at which fear spreads through a community after a disaster, to the likelihood that people will cut back on spending so severely that it affects the economy. Rose and Asay both work at USC's Center for Risk and Economic Analysis of Terrorism Events (CREATE), the article noted.

Cleaning Up the Subprime Mortgage Mess

|
March 13, 2008

Prof. Gary Painter was recently quoted in BusinessWeek about the mortgage industry. There's a need for better regulatory oversight of the information flows about mortgages, both to those investing in mortgage-backed securities and to home buyers getting the loans, Painter said. Mortgage lenders on the whole would benefit because investors would know what they are buying, which would make for a healthier industry in the long run, he added. Painter is the director of research at the USC Lusk Center for Real Estate, the story noted.

Study Warns that Boomers May Burst Housing Bubble

|
March 9, 2008

A recent San Francisco Chronicle story featured research, led by Prof. Dowell Myers, regarding the potential impact of baby boomers on the housing market. Myers and USC doctoral student Sung Ryu co-authored a study warning of a "generational housing bubble" that could burst as baby boomers - who have held up housing prices since 1970 - begin to retire. "The Baby Boom generation was born over a period of 18 years, and once its sell-off commences, it could dominate the housing market for up to two decades," the researchers wrote.

October 27, 2006

Weathering economic downturns earlier this decade, California foundations have rebounded, nearly restoring assets and exceeding giving levels found at high watermark levels in the year 2000, according to a new report by the Center on Philanthropy and Public Policy at the USC School of Policy, Planning, and Development.

February 22, 2006

Los Angeles area philanthropic foundations have experienced significant growth in assets and giving, but the community has not kept pace with its state and national counterparts, according to a new study released today by the Center on Philanthropy and Public Policy at the USC School of Policy, Planning, and Development.

The Philanthropic Landscape

|

March 10, 2003

The USC Center on Philanthropy and Public Policy has received a $1 million endowment to support its research on the changing philanthropic landscape. In the midst of a shaky economy, the funding represents an 'important investment' in the future of California.