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Storefronts often remain empty for months or years at a time, even in some of the world’s highest-rent retail districts. Between 2015 and 2019, for example, empty storefronts…

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…

This working paper, produced as part of the Housing Crisis Research Collaborative, describes the results of a survey of landlords in ten cities across the US, conducted by…

As has been well documented, the financial consequences of the COVID-19 crisis have been severe, particularly for the nation’s renter households who have been more likely to…