The Bruce Norris is joined this week by Christopher Thornberg. Christopher is the founding partner of Beacon Economics and widely considered to be one of California’s leading economists. He is an expert in economic forecasting, regional economies, labor markets, economic policy, and industry and real estate analysis. He was one of the earliest and most adamant predictors of the subprime mortgage market collapse and of the global economic recession that followed in 2008. Dr. Thornberg serves on the advisory boards of Paulson and Company Inc., one of Wall Street’s leading hedge funds, and of the Los Angeles area Chamber of Commerce. In Southern California’s largest not-for-profit business federation between 2008 and 2012, he served as Chief Economic Advisor to the California State Controller’s Office and was chair of controller John Chang’s Council of Economic Advisors. Dr. Thornberg holds a PhD in business economics from the Anderson School of UCLA and a B.S. in Business Administration from the state university of New York, Buffalo. Bruce and Christopher discuss issues in the global economy, particularly China, its affect on the United States, interest rates and exchange rates, the Japanese real estate boom, the winding down of Quantitative Easing efforts, retirement pension plans, the lack of volume in California real estate sales, the ownership rate, and much, much more on this week's real estate radio show and podcast.
Christopher Thornberg will be featured on this years' panel for I Survived Real Estate 2014. The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coldwell Banker Town and Country, Elite Auctions, In A Day Development, Inland Valley Association of Realtors, Investor Experts, Jennifer Buys Houses, Keystone CPA, Las Brisas Escrow, LA South REIA, Leivas Associates, Pilot Limousine, Primary Residential Mortgage, Northern California Real Estate Investors Association, North San Diego Real Estate Investors, Real Wealth Network, Realty 411 Magazine, Resonant Lens Photography, Rick and LeAnne Rossiter, Personal Real Estate Magazine, San Jose Real Estate Investors Association and Geraldine Barry, SONOCA Corporation, Southpointe Companies, Spinnaker Loans, Tony Alvarez, and uDirect IRA Services, and the Council of Multiple Listing Services. See isurvivedrealestate.com for video of the live event and more on our sponsors