The volatility of the business cycle and an extreme shortage of housing were the twin problems of American economic life in the years following the First World War. Under the…
This invited commentary for the 2022 Harvard Joint Center for Housing Studies symposium focuses on the need for better data about zoning. It offers insights into the state of…
BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…