"Paul Habibi, a professor at the University of California at Los Angeles’s Ziman Center for Real Estate, said there is a shortage of 500,000 affordable units in Los Angeles, which TODs can help address.
" 'There’s a widespread belief that the affordability problem needs to be solved from the supply side,” Habibi said. 'Density is one mechanism by which to have that happen, because developers can increase the number of units in any given community.'
"He added that reducing parking requirements is key because parking can add $100,000 to the cost of building a typical condo, which is then passed on to the resident."
Search
Contact
For blog inquiries: julie.lindner@anderson.ucla.edu
For media inquiries: JackSkelley@JSPRLA.com
For general inquiries: ziman.center@anderson.ucla.edu
For media inquiries: JackSkelley@JSPRLA.com
For general inquiries: ziman.center@anderson.ucla.edu
Recent Posts
- Mansion Global: "Views and Outdoor Spaces Abound In Los Angeles's Newest Apartments"
- GlobeSt.com:"Why Tech Firms Will Focus on Profitability Over Growth in 2020"
- GlobeSt.com: "UCLA Ziman Center Downgrades Recession Risk"
- The Real Deal: "The $100M club: LA’s priciest mansions are having a moment "
- Washington Post: Are transit-oriented developments the answer to the affordable housing shortage"
- Los Angeles Times: "Legendary Bel-Air estate Casa Encantada lists for the highest price in America: $225 million"
- Bisnow: "Top CRE Execs Answer 3 Important Questions On The Future Of WeWork"
- Los Angeles Business Journal: "Creative Thinkers: Hudson Pacific puts priority on LA’s tech and media companies"
- Mansion Global: "Highly Anticipated New Developments—Filled With Amenities Galore—Opening in Los Angeles"
- GlobeSt.com: "School Sites Could Provide Ample Space for Affordable Housing"
« October 2019 | Main | December 2019 »
November 2019
11/21/2019
Washington Post: Are transit-oriented developments the answer to the affordable housing shortage"
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
Recent Comments