Over the past thirty years, real home prices and rents in dense urban centers in the US grew more rapidly than housing costs in suburban metropolitan neighborhoods. At the…
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…
W06-4: Metropolitan Boston, one of the nation’s largest urban areas, is in the midst of sweeping transformations. It is growing slowly in population but is sprawling…