Stuart Gabriel Stuart Gabriel is the Arden Realty Chair, Professor of Finance and Director at the UCLA Ziman Center for Real Estate.

Several markets in the country, including California, are suffering a severe housing affordability crisis. In response, industry leaders have stepped forward to look for solutions to the problem, from social impact investors to architects. Now, the Richard S. Ziman Center for Real Estate at UCLA is launching an affordable housing program, which will serve to educate and train more professionals in the complex affordable housing niche.

“We are in a severe crisis of housing availability and housing affordability in many parts of the nation and notably in coastal California,” Stuart A. Gabriel, Arden Realty chair, professor of finance and director of the Richard S. Ziman Center for Real Estate at UCLA, tells “If you go up and down the coast of California, you find very expensive land, very limited housing development, very high regulatory constraint on housing production and plunging levels of affordability with severe constraints on workforce, including teachers, firefighters, doctors, nurses and so on. There are consequential issues to this problem. The lack of affordable housing is associated with the exit of jobs, lack of arrival of jobs and ultimately it will threaten economic growth.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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