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Research Notes

Subprime Lending and the Community Reinvestment Act

Kevin Park • November 1, 2008

There are many causes to the collapse of the housing market and the recent financial turmoil, but the contribution of the CRA appears marginal. While banks did engage in…
Working Papers

Where Does it Go? Spending by the Financially Constrained

Shawn Cole, John Thompson, Peter Tufano • February 1, 2008

UCC08-3: In this paper, we analyze the spending decisions of over 1.5 million Americans who vary in their degree of revealed credit constraints. Specifically, we analyze…
Working Papers

Rethinking U.S. Rental Housing Policy

Bruce Katz, Margery Austin Turner • March 1, 2007

RR07-10: In recent years, housing has all but disappeared from national-level debate except for occasional discussions of a possible housing “bubble” and the all-too-…