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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…

Rapid and widespread gentrification in US neighborhoods in recent decades has provoked debate over its relationship to neighborhood racial and ethnic composition. Empirical…

Foreclosures disproportionately hit minority neighborhoods across the U.S. during the housing crisis. In Boston, over 80 percent of foreclosures took place in just five of…

W15-1: This study examines trajectories of foreclosed properties in areas severely impacted by the foreclosure crisis and their association with local crime and disorder…