What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
Innovations in single-family home construction are badly needed. Studies show that every county in the U.S. is facing an affordable housing shortage. Homeownership is…
George Galster, Jackie Cutsinger, Ron Malega
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March 1, 2007
RR07-4: We investigate theoretically and empirically two interrelated potential consequences of the spatial concentration of poverty: negative externalities to proximate…