Home prices rose at an unprecedented pace in the aftermath of the COVID-19 pandemic as interest rates fell to record lows, the large cohort of millennials aged increasingly…
Ivan Rupnik, Ryan E. Smith, Tyler Schmetterer
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November 22, 2022
For much of the twentieth century, architects, builders, developers, economists, and policymakers have pursued the “dream of the factory-made house”. The hope was that the…
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…