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…
In the years immediately following the First World War, economists in industry, government, and academia came to perceive data as the antidote to the interrelated crises…
Alexander Hermann, Thomas Shay Hill
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May 18, 2021
Home prices across the US rose significantly during the pandemic, bolstered by historically low interest rates, strong demand, and the tightest supply conditions seen in 40…
W04-4: Since 1998 the Joint Center for Housing Studies at Harvard University, through its Remodeling Activity Indicator (RAI), has been releasing quarterly estimates of…
Household’s net-worth increase at the end of the 1990’s had an effect on home remodeling financing. Using the 2001 Consumer Practices Survey (CoPS) this paper analyzes the…
This paper is divided in two sections. The first part describes the two-step allocation process, including the MLP model estimation for missing doers and the description of…
Home improvement projects have a significant impact on the housing stock, affecting housing values and improving the standard of living. Also, the home improvement industry…