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Working Papers

House Price Contagion and US City Migration Networks

Gregor Schubert • March 4, 2021

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…
Working Papers

Home Price Appreciation in Low- and Moderate-Income Markets

Karl Case, Maryna Marynchenko • October 7, 2001

At the turn of the millennium, fully two-thirds of American households were owner-occupants. In addition, through the middle of the year in 2000, real home prices were rising…