Paul Waddell, Arezoo Besharati
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September 7, 2023
Housing affordability was a chronic problem in many cities across North America and across the globe well before the global pandemic triggered an unprecedented surge in rents…
Why do national trends in house prices spread more to some cities than to others? This paper proposes an explanation of house price contagion based on migration spillovers…
W04-13: Over the past 50 years, housing expenditures have accounted for more than one fifth of the nation’s gross domestic product. But housing’s influence on the…