Rapid and widespread gentrification in US neighborhoods in recent decades has provoked debate over its relationship to neighborhood racial and ethnic composition. Empirical…
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…
BABC 04-10: Spending financed by home equity extraction helps smooth household consumption and bolster the economy in economic downturns, but may reduce wealth…
This paper examines trends in prime-market mortgage lending to low- and moderate-income families and to families living in underserved areas, hereafter affordable lending,…