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…
RR07-13: The effect of local land use regulations on housing markets has been the subject of extensive research and discussion among both urban economists and…
It has long been argued that promoting homeownership among low-income households is worthwhile because owned housing may be an important source of savings for these families…