Marshall Minds Ep. 6: “The Impact of Wildfires on L.A. County’s Housing Market”
Marshall Minds Ep. 6: “The Impact of Wildfires on L.A. County’s Housing Market”
Marco Giacoletti, assistant professor of finance and business economics, explains his and his colleagues’ analysis of the Los Angeles wildfire damage and its implications for the county.
04.08.25
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Pathbreaking Research
Marshall Minds Ep. 6: “The Impact of Wildfires on LA County’s Housing Market”
Marco Giacoletti, assistant professor of finance and business economics, delivers a deep dive into the devastating impact of wildfires on L.A. County’s housing market, highlighting critical challenges and potential solutions — based on research conducted by Giacoletti; Davide Proserpio, associate professor of marketing; and Lizhong Liu, PhD candidate, Price School of Public Policy.
Green explains that the government’s proposed 50-year mortgage may lower monthly payments, but the difference wouldn’t be enough to offset rising interest rates, ultimately costing families more.