Working Papers

Topic / Housing & Residential

• # 828
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  The Impact of Local Residential Land Use Restrictions on Land Values Across and Within Single Family Housing Markets
  Joe Gyourko, Jacob Krimmel
• # 826
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  The Local Residential Land Use Regulatory Environment Across U.S. Housing Markets: Evidence from a New Wharton Index
  Joseph Gyourko, Jonathan Hartley, Jacob Krimmel
• # 822
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  Affordability, Financial Innovation, and the Start of the Housing Boom
  Jane K. Dokko, Benjamin J. Keys, Lindsay E. Relihan
• # 821
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  Credit Risk Transfer, Informed Markets, and Securitization
  Susan M. Wachter
• # 819
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  Endowments and Minority Homeownership
  Arthur Acolin, Desen Lin, Susan M. Wachter
• # 818
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  Real Estate and The Great Crisis: Lessons For Macroprudential Policy
  John V. Duca, Lilit Popoyan, Susan M. Wachter
• # 803
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  Accessing Homeownership With Credit Constraints
  Arthur Acolin, Laurie Goodman, Susan M. Wachter
• # 802
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  The Economic Implications of Housing Supply
  Edward L. Glaeser, Joseph Gyourko
• # 799
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  The Production Function for Housing: Evidence from France
  Pierre-Philippe Combes, Gilles Duranton, Laurent Gobillon
• # 796
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  Why are aggressive mortgage products bad for the housing market?
  Andrew Davidson, Alex Levin, Andrey D. Pavlov, Susan M. Wachter
• # 793
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  Borrowing Constraints and Homeownership over the Recent Cycle
  Arthur Acolin, Jesse Bricker, Paul S. Calem, Susan M. Wachter
• # 791
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  Borrowing Constraints and Homeownership
  Arthur Acolin, Jesse Bricker, Paul S. Calem, Susan M. Wachter
• # 790
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  A Renter or Homeowner Nation?
  Arthur Acolin, Laurie S. Goodman, Susan M. Wachter
• # 785
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  Second Liens and the Leverage Option
  Adam J. Levitin, Susan M. Wachter
• # 780
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  HECM Reverse Mortgages: Is Market Failure Fixable?
  Jack Guttentag
• # 775
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  Second-Liens and the Leverage Option
  Adam J. Levitin, Susan M. Wachter
• # 768
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  The Wharton/NUS/Tsinghua Chinese Residential Land Price Indexes (CRLPI) White Paper
  Yongheng Deng, Joseph Gyourko, Jing Wu
• # 765
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  Repeat Sales House Price Index Methodology
  Chaitra H. Nagaraja, Lawrence D. Brown, Susan M. Wachter
• # 760
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  Estimating Racial Price Differentials in the Housing Market
  Patrick Bayer, Marcus Casey, Fernando Vendramel Ferreira, Robert McMillan
• # 744
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  Unemployment and Unobserved Credit Risk in the FHA Single Family Mortgage Insurance Fund
  Joseph Gyourko, Joseph Tracy
• # 741
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  Borrowing Constraints during the Housing Bubble
  Irina Barakova, Paul S. Calem, Susan M. Wachter
• # 729
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  Safety in Renting
  Todd Sinai
• # 722
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  The Affordability Challenge: Inclusionary Housing and Community Land Trusts in a Federal System
  Richard Voith, Susan M. Wachter
• # 721
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  Real Estate Prices in Beijing, 1644 to 1840
  Daniel Raff, Susan M. Wachter, Se Yan
• # 719
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  House Price Moments in Boom-Bust Cycles
  Todd Sinai
• # 704
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  The Life of a Developer
  Ron Terwilliger
• # 701
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  Forecasting, Real Estate, and the Media
  Ashok Bardran, Daniel Hicks, Cynthia Kroll, Tiffany Yu
• # 698
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  State of the Commercial Real Estate Markets
  Kenneth T. Rosen
• # 696
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  A Scholarly Appreciation of Peter Linneman
  Joseph Gyourko, Joseph Tracy
• # 692
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  Does Home Owning Smooth the Variability of Future Housing Consumption?
  Andrew Paciorek, Todd Sinai
• # 691
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  Information Failure and the U.S. Mortgage Crisis
  Adam J. Levitin, Susan M. Wachter
• # 690
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  Implications of the Housing Market Bubble for Sustainable Homeownership
  Paul S. Calem, Leonard Nakamura, Susan M. Wachter
• # 689
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  Explaining the Housing Bubble
  Adam J. Levitin, Susan M. Wachter
• # 688
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  Forces Influencing the Housing Market Recovery
  Kenneth T. Rosen
• # 678
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  Ceiling Heights in Homes and Offices
  Witold Rybczynski
• # 677
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  New Urbanism and Sprawl
  Andrejs Skaburskis
• # 676
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  Traditional Architecture and Urbanism
  Andrés Duany
• # 673
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  Unraveling Housing Price Inflation
  Manning Feng, Peter Linneman
• # 670
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  The Great Capital Strike
  Peter Linneman, Man Cho
• # 669
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  An Urban Slice of Apple Pie: Rethinking Homeownership in U.S. Cities
  Georgette Chapman Phillips
• # 668
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  The Need for Government Intervention to Protect and Advance the Public Interest in Consumer and Mortgage Credit Markets
  Eric S. Belsky, Susan M. Wachter
• # 667
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  Securitization: Cause or Remedy of the Financial Crisis?
  Adam J. Levitin, Andrey D. Pavlov, Susan M. Wachter
• # 665
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  Housing Busts and Household Mobility
  Fernando Vendramel Ferreira, Joseph Gyourko, Joseph Tracy
• # 664
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  Can Owning a Home Hedge the Risk of Moving?
  Todd Sinai, Nicholas S. Souleles
• # 659
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  Development Regulations and Housing Affordability
  John Crosland, Jr.
• # 642
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  The Value of School Facility Investments: Evidence from a Dynamic Regression Discontinuity Design
  Stephanie Riegg Cellini, Fernando Vendramel Ferreira, Jesse Rothstein
• # 628
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  Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Cost and Incentive Effects
  James Potherb, Todd Sinai
• # 626
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  Housing Supply and Housing Bubbles
  Edward L. Glaeser, Joseph Gyourko, Albert Saiz
• # 625
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  Spatial Variation in the Risk of Home Owning
  Todd Sinai
• # 620
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  Homeownership and Commercial Real Estate
  Manidipa Kapas, Youguo Liang
• # 618
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  The Wild Ride of Mortgage-Backed Securities
  Stephen A. Roth
• # 615
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  The American Dream? The Private and External Benefits of Home Ownership
  Grace Wong
• # 609
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  Net Worth and Housing Equity in Retirement
  Todd Sinai, Nicholas S. Souleles
• # 606
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  Arbitrage in Housing Markets
  Edward L. Glaeser, Joseph Gyourko
• # 604
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  Residential Land Recapitalization: Equity Returns for Debt Risk
  Larry Burnett, Caroline Jones, Adam Krug
• # 588
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  Immigrants, Hispanics, and the Evolution of Housing Prices in the US
  Albert Saiz
• # 579
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  Land-Use Regulation, House Prices and The New Social Contract
  Robert Bruegmann
• # 573
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  How Rising Housing Prices Have Stimulated U.S. Consumption
  Anthony Downs
• # 563
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  Be It Ever So Humble: Understanding Housing Using Subjective Well-being Data
  Grace Wong
• # 561
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  Housing Dynamics
  Edward L. Glaeser, Joseph Gyourko
• # 560
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  Residential Land Use Regulation in the Philadelphia MSA
  Joseph Gyourko, Anita A. Summers
• # 558
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  A New Measure of the Local Regulatory Environment for Housing Markets: The Wharton Residential Land Use Regulatory Index
  Joseph Gyourko, Albert Saiz, Anita A. Summers
• # 557
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  International Comparison of Housing Risk Premia
  Chris Julliard, Grace Wong
• # 553
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  Is U.S. Real Estate Over-Priced?
  Jacques N. Gordon, William J. Maher
• # 551
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  The South Florida Condominium Market
  Kenneth T. Rosen, Charlie H. Rose
• # 546
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  The Impact of Divorce Laws on Marriage-Specific Capital
  Betsey Stevenson
• # 543
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  Who Lives Downtown Today?
  Eugenie L. Birch
• # 541
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  Nine Causes of Sprawl
  Richard K. Green
• # 534
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  A Unified Framework for Measuring Preferences for Schools and Neighborhoods
  Patrick Bayer, Fernando Vendramel Ferreira, Robert McMillan
• # 530
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  Urban Decline and Durable Housing
  Edward L. Glaeser, Joseph Gyourko
• # 527
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  Immigration and the Neighborhood
  Albert Saiz, Susan M. Wachter
• # 524
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  Owner-Occupied Housing as a Hedge Against Rent Risk
  Todd Sinai, Nicholas S. Souleles
• # 523
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  Commitment, Risk, and Consumption: Do Birds of a Feather Have Bigger Nests?
  Stephen H. Shore, Todd Sinai
• # 522
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  Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions
  Charles Himmelberg, Christopher j. Mayer, Todd Sinai
• # 521
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  Do Low-Income Housing Subsidies Increase the Occupied Housing Stock?
  Todd Sinai, Joel Waldfogel
• # 516
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  The West Philadelphia Story
  Judith Rodin
• # 514
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  Fused Grid Planning in a Canadian City
  Fanis Grammenos, Chris Pidgeon
• # 513
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  Reconsidering the Cul-de-sac
  Michael Southworth, Eran Ben-Joseph
• # 512
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  Current State Legislative and Judicial Profiles on Land-Use Regulations in the U.S.
  David D. Foster, Anita A. Summers
• # 511
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  Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions
  Charles Himmelberg, Christopher J. Mayer, Todd Sinai
• # 509
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  Housing and Government Policy in the Global Economy: The Cases of Korea and the US
  Susan M. Wachter
• # 505
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  Tiebout Sorting, Social Multipliers, and the Demand for School Quality
  Patrick Bayer, Fernando Vendramel Ferreira, Robert McMillan
• # 502
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  The Anatomy of a Housing Bubble
  Grace Wong
• # 497
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  How Affordable is Affordable Housing?
  Witold Rybczynski
• # 494
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  Linkages Between Chinese and Indian Economies and American Real Estate Markets
  Anthony Downs
• # 489
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  Tiebout Sorting, Social Multipliers and the Demand for School Quality
  Patrick Bayer, Fernando Vendramel Ferreira, Robert McMillan
• # 486
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  Urban Growth and Housing Supply
  Edward L. Glaeser, Joseph Gyourko, Raven E. Saks
• # 482
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  Hitting the Wall: Credit as an Impediment to Homeownership
  Raphael W. Bostic, Paul S. Calem, Susan M. Wachter
• # 472
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  Housing’s Changing Role in the Business Cycle
  Susan M. Wachter, Mark Zandi
• # 459
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  New York City’s Ten Year Capital Plan for Housing
  Richard T. Roberts, Jerry J. Salama, Michael H. Schill
• # 442
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  The Impact of Building Restrictions on Housing Affordability
  Edward L. Glaeser, Joseph Gyourko
• # 435
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  Does Credit Quality Matter for Homeownership?
  Irina Barakova, Raphael Bostic, Paul S. Calem, Susan M. Wachter
• # 432
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  Using Home Maintenance and Repairs to Smooth Variable Earnings
  Joseph Gyourko, Joseph Tracy
• # 417
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  Why Does Anybody Still Live Here?
  Joseph Gyourko, Joseph Tracy
• # 410
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  Does Credit Quality Matter for Homeownership?
  Irina Barakova, Raphael Bostic, Paul S. Calem, Susan M. Wachter
• # 407
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  Urban Decline and Housing Reinvestment: The Role of Construction Costs and the Supply Side
  Joseph Gyourko, Albert Saiz
• # 405
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  The Impacts Of Affordable Lending Efforts On Homeownership Rates
  Roberto G. Quercia, George W. McCarthy, Susan M. Wachter
• # 400
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  Access to Homeownership in the United States: The Impact of Changing Perspectives on Constraints to Tenure Choice
  Joseph Gyourko
• # 395
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  The Impact of Zoning on Housing Affordability
  Edward L. Glaeser, Joseph Gyourko
• # 387
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  Neighborhood Externality Risk and The Home Ownership Status of Properties
  Christian A. L. Hilber
• # 383
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  Anistropic Autocorrelation in House Prices
  Kevin Gillen, Thomas Thibodeau, Susan M. Wachter
• # 382
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  Urban Decline and Durable Housing
  Edward L. Glaeser, Joseph Gyourko
• # 381
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  Access to Homeownership in the United States:The Impact of Changing Perspectives on Constraints to Tenure Choice
  Joseph Gyourko
• # 380
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  Another View of Predatory Lending
  Jack Guttentag
• # 354
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  Mixing Income Groups In Public Housing
  Brent W. Ambrose, William Grigsby
• # 329
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  The Price Elasticity of the Demand for Residential Land
  Joseph Gyourko, Richard Voith
• # 324
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  A Look at Real Housing Prices and Incomes: Some Implications for Housing Affordability and Quality
  Joseph Gyourko, Joseph Tracy
• # 323
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  Loss Aversion and Seller Behavior: Evidence from the Housing Market
  David Genesove, Christopher J. Mayer
• # 320
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  Employment Access, Residential Location and Homeownership
  Yongheng Deng, Stephen L. Ross, Susan M. Wachter
• # 314
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  The Tax Treatment of Housing and Its Effects on Bounded and Unbounded Communities
  Joseph Gyourko, Richard Voith
• # 308
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  Polarization and Public Housing in the United States
  William H. Carter, Michael H. Schill, Susan M. Wachter
• # 307
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  An Economic Analysis of Housing Abandonment
  Benjamin P. Scafidi, Michael H. Schill, Susan M. Wachter
• # 304
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  The Impacts of Affordable Lending Efforts on Home Ownership Rates
  Roberto G. Quercia, George W. McCarthy, Susan M. Wachter