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…
W13-2: Investing in single-family homes is not a new business. However, the magnitude of homes flowing through foreclosure and into investor ownership since 2007 in many…
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…