The system of sector housing investment and finance that has evolved in the United States has long had a powerful influence on the costs, type, and location of housing, given…
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…
BABC 04-6: This paper examines home purchase mortgage choice employing data from 2002. Conventional, FHA, subprime, and special programs for low-to-moderate income…