The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
This invited commentary for the 2022 Harvard Joint Center for Housing Studies symposium focuses on the need for better data about zoning. It offers insights into the state of…
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…