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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"The demand for furnished, flexible apartments is largely being driven by the same trends realigning multifamily markets, as Americans move away from big cities and the work-from-home movement takes root... Those fundamentals will remain challenged by the continuing allure of work-from-home, wh...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"In a January 2021 letter, REITland vet David Shulman, Senior Economist Emeritus for the UCLA Ziman Center for Real Estate and the UCLA Anderson Forecast, writes that asset-price inflation could trigger an increase in consumer price inflation, from its current low levels. Shulman writes: 'The c...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"These new location preferences will likely be the norm well after shelter orders are lifted. In fact, UCLA Ziman Center for Real Estate’s 2020 Economic Outlook forecasted that work-from-home trends resulting from COVID-19 will reshape the US housing market well into the future." [GS: 1/...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"But the effectiveness of reforms aimed at increasing transparency and public trust after this might not deter someone looking to do what Huizar allegedly did, said Eric Sussman, an adjunct professor in real estate at UCLA’s Anderson School of Management at the Ziman Center for Real Estate. '...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"But don’t expect houses in places such as the Westside and central L.A. to become cheap, said Stuart Gabriel, director of the Ziman Center for Real Estate at UCLA who forecasts rising prices for close-in areas of Southern California as well. 'The demand for those areas so far outstrips suppl...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"'I'm just sort of stunned at how thin it is in terms of supporting this $30 million valuation that seems to be almost pulled out of the ether,' said Eric Sussman, who teaches real estate and accounting at UCLA’s Anderson School of Management. He noted a lack of relevant comparable......

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"But, the market is unlikely to shift entirely away from traditional real estate agents and brokers, said Eric Sussman, a UCLA professor in accounting, finance and real estate. Technologies have long tried to replace the home selling process, but the number of people who actually take this rout...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"One of the core principles of the Housing Recommendations in the Master Plan for Aging acknowledges that housing is an integral part of California’s continuum of care. Without housing, it becomes exceedingly difficult to provide older adults and people with disabilities the care and services...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

"The research data demonstrate that neighborhoods characterized by significant clustering of racial and ethnic minorities, low-income households and unmet medical needs are most vulnerable to COVID-19 infection, specifically areas in and around South Los Angeles and the eastern portion of the S...

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CBS Los Angeles: "Study Shows Low-Income LA Neighborhoods Are Most At Risk Of COVID-19"

“'We thought the elderly and people in nursing homes were the most vulnerable, yet we found that lacking a number of social resources contributes to a greater likelihood of getting infected as well,' said research author Vickie Mays, a professor of health policy and management and of psychology at...

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