The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
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…
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…