This paper shows how different housing submarkets are linked by residential vacancy chains – the series of moves across housing units initiated by the construction of new…
RR07-9: This paper considers what the appropriate design of government policies towards rental housing subsidies would be in the absence of the long and mixed legacy of…
W01-10: The multifamily mortgage market has changed dramatically over the last two decades. The relative importance of the thrifts—once the major source of financing for…