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09/20/2019

Los Angeles Business Journal: "Wealthiest Angelenos: Land Lovers"

"Appreciation of real estate across all asset types helped bolster the net worth of developers and long-term property holders alike.

" 'Ever since we got out of the last recession, the real estate market has generally fared very well,' said Paul Habibi, a lecturer in real estate at UCLA. “The market is very stable, especially in industrial and multifamily. We’ve seen good growth in value of properties.'

"From April 2018 to April 2019, L.A. single-family home values increased 3.3%, according to data from CoreLogic Inc." 

[LABJ: 9/20/2019]

Posted by on 09/20/2019 at 04:32 PM in California, City of Los Angeles, Development, Economics, Housing Market, Investment, Real Estate, UCLA Anderson, UCLA Ziman Center for Real Estate |

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About UCLA Ziman Center for Real Estate

  • UCLA Ziman Center is a multidisciplinary research center of UCLA Anderson School of Management and UCLA School of Law. We seek to advance thought leadership in the field of real estate by generating influential research, educating the next generation of leaders and providing meaningful forums for industry professionals and policy makers.
    Read More About Us


   
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