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Blog

Concentration in Homebuilding Driven by a Few Large Builders

Gopal Ahluwalia, Kermit Baker, Kent Colton • April 19, 2022

The 100 largest home builders in the US now account for about half of all new single-family home sales, up from just over a third two decades ago. However, according to “…
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…
Blog

The Return of Substandard Housing

Kermit Baker • February 27, 2013

The magnitude of the housing bust that began in the middle of the past decade is well documented, with a 75 percent plunge in housing starts, 45 percent decline in existing…