Could the post-Great Recession drop in housing demand have been driven in part by an increase in mortgage credit spreads across borrowers? In a new Joint Center working…
What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
Allison Charette, Chris Herbert, Andrew Jakabovics, Ellen Marya, Daniel McCue
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September 21, 2015
This report shows that the number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1…
In conjunction with the release of our 2015 State of the Nation’s Housing Report, the Joint Center mappedthe prevalence of housing cost burdens – a key measure of housing…
As the housing recovery gains momentum, one encouraging sign has been the strong return of multifamily construction. According to the Census Bureau’s Survey of Construction…