Last year, James Shen, Chris Herbert and I co-authored a paper that showed that manufactured housing offers significantly reduced construction costs compared to conventional…
Is allowing borrowers to suspend mortgage payments an effective way to stabilize the economy during a recession? In a new working paper, Omeed Maghzian and I attempt to…
Across the US, homeownership is becoming increasingly inaccessible for low- and moderate-income households. While land costs are a driving force in this trend, construction…