A finance and economics professor at the Rutgers Business School has been tapped as the nation’s chief housing economist with his appointment to the White House Council of Economic Advisers.
Morris Davis, the Paul V. Profeta Chair of Real Estate and academic director of the Center for Real Estate, has been serving as an educator and researcher at Rutgers Business School since 2014. At the CEA, Morris will advise President Donald Trump on policies intended to reduce housing costs and increase housing supply, according to a news release from the business school.
“We are ecstatic to have a talent like Professor Davis join us at the White House Council of Economic Advisers,” said CEA Chairman Steve Miran in the release. “Morris will play a pivotal role as we work to build more homes and make housing affordable again for American families, helping to usher in President Trump’s economic Golden Age.”
Davis will offer advice on reducing regulations that restrict supply and increase costs, the release stated. “It’s an honor to be asked to serve our country,” Davis said. “My goal is to help the president make housing affordable for everyone.”
Rutgers Business School participates in research projects that can improve business practices everywhere, the release stated. “Anything that is good for New Jersey, is good for the United States and the world,” Davis said.
“Morris is a proven leader with innovative ideas that can positively affect real estate productivity and public policy today,” said Lei Lei, dean of Rutgers Business School.
Established by Congress in 1946, the CEA has about 45 members who provide research to assist the president in establishing U.S. economic policy. Davis’s appointment runs through December.
