Applied Results



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The State of the Nation's Housing 2023

Harvard Joint Center for Housing Studies • June 21, 2023

US housing markets continue to cool as higher costs weigh on both homeowners and renters. On the for-sale side, home sales and construction levels have declined while rental…
Working Papers

Housing in the Context of Neighborhood Decline

Sharon Cornelissen, Christine Jang-Trettien • April 25, 2023

In recent years, gentrification has captured the imagination of sociologists and the public alike, dominating conversations about the transformation of cities from New York…
Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…