Even superstars such as MJ sometimes make bad investment choices. This piece provides the details about his investment in a luxury gym in Chicago. It seems that the recession has clipped demand for such a product.

Forget mortgage backed securities, the WSJ reports that a new product is bundles of rental streams from real estate and in particular real estate that was owner occupied single family housing but now is a rental unit. This article interests me because I've been thinking about buying some real ...

In his new book, UCLA architect Thom Mayne argues that you should! Last year, the NY Times wrote a piece about the large number of deeply discounted McMansions on the market in Merced. Has Prof. Mayne been purchasing these homes? Should you consider doing so? He argues that that Merced is a ...

We are excited to launch the UCLA Economic Letter with our first edition, “Rebuilding the Housing Economy: The Multi-Family Boom Will Lead to a Rebound in Homeownership" by David Shulman. This is the first in a series of condensed analyses of crucial real estate and economic issues offered by th...

We are excited to launch the UCLA Economic Letter with our first edition, “Rebuilding the Housing Economy: The Multi-Family Boom Will Lead to a Rebound in Homeownership" by David Shulman. This is the first in a series of condensed analyses of crucial real estate and economic issues offered by th...

Even superstars such as MJ sometimes make bad investment choices. This piece provides the details about his investment in a luxury gym in Chicago. It seems that the recession has clipped demand for such a product.

Forget mortgage backed securities, the WSJ reports that a new product is bundles of rental streams from real estate and in particular real estate that was owner occupied single family housing but now is a rental unit. This article interests me because I've been thinking about buying some real ...

In his new book, UCLA architect Thom Mayne argues that you should! Last year, the NY Times wrote a piece about the large number of deeply discounted McMansions on the market in Merced. Has Prof. Mayne been purchasing these homes? Should you consider doing so? He argues that that Merced is a ...

Economists love to talk about "cross-elasticities". In English, if the price of Toyota vehicles sharply increase, how much does demand for Mercedes increase by? That's a cross-elasticity. The NY Times today has a piece about rich international real estate buyers. We all know that London and N...

In my recent op-ed in Real Clear Markets, I argue that it hasn't and offer a proposal that would give the Fed more leeway to ease policy.

Economists love to talk about "cross-elasticities". In English, if the price of Toyota vehicles sharply increase, how much does demand for Mercedes increase by? That's a cross-elasticity. The NY Times today has a piece about rich international real estate buyers. We all know that London and N...

In my recent op-ed in Real Clear Markets, I argue that it hasn't and offer a proposal that would give the Fed more leeway to ease policy.

This NY Times piece discusses the demand for 400 square foot apartments in hip parts of NYC. In housing markets where the price per sqft is high, this must mean that the quality of the area is terrific but demand curves do slope down and middle class people can only afford to live in such areas...

This NY Times piece discusses the demand for 400 square foot apartments in hip parts of NYC. In housing markets where the price per sqft is high, this must mean that the quality of the area is terrific but demand curves do slope down and middle class people can only afford to live in such areas...