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Working Papers

Forced Sales and House Prices

Parag Pathak, John Campbell, Stefano Giglio • May 1, 2009

W09-4: This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to…
Working Papers

Just Suppose: Housing Subsidies for Low-Income Renters

John Quigley • March 1, 2007

RR07-9: This paper considers what the appropriate design of government policies towards rental housing subsidies would be in the absence of the long and mixed legacy of…
Working Papers

Hitting the Wall: Credit as an Impediment to Homeownership

Raphael Bostic, Paul Calem, Susan Wachter • February 5, 2004

BABC 04-5: There is a broad consensus regarding the benefits of homeownership, which include wealth accumulation and improvements along social and personal dimensions.…