ATLANTA (Jan. 7, 2015) - The Wall Street Journal didn't have to look far to find the ideal candidate to cover the housing market and its impact on the U.S. economy.
The paper's global real estate bureau has tapped current WSJ reporter Laura Kusisto to cover the beat, previously handled by Conor Dougherty, who now writes The New York Times' Bits column about The Business of Technology.
As for Laura, she currently covers economic development and neighborhoods for the Journal's Greater New York section. It's expected she'll move to the real estate team within a month or so.
Kusisto has been busy this week as one of the writers on the big story about Mercedes-Benz moving its U.S. headquarters to an Atlanta suburb. (Disclosure: The Wilbert Group represents JLL Atlanta, which played a key role with JLL's Chicago and Dallas offices in the Mercedes move.)
According to a story by Chris Roush of Talking Biz News, here's the focus of Kusisto's beat.
This is a high profile and fast moving beat that touches many topics, including the economy, demographics, the growth of foreign money and investors in real estate, the lingering fallout from the foreclosure crisis, suburban vs. urban development and property-tax trends.
The beat also involves mining economic data to find stories that explain how housing trends are helping or hindering the broader U.S. economic recovery. The reporter will be expected to work closely with other beat reporters covering federal and local housing policy and home-builders.