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…
Harvard Joint Center for Housing Studies
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November 19, 2020
This year, the COVID-19 pandemic, a powerful movement for racial justice, and the devastating impacts of climate change have combined to bring the nation’s longstanding…
Harvard Joint Center for Housing Studies
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January 31, 2020
Despite slowing demand and the continued strength of new construction, rental markets in the US remain extremely tight. Vacancy rates are at decades-long lows, pushing up…
Harvard Joint Center for Housing Studies
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June 25, 2019
Although household growth is returning to a more normal pace, this year's State of the Nation's Housing report shows that housing production still falls short of what is…
Harvard Joint Center for Housing Studies
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November 14, 2018
More than half of the nation's households are now headed by someone at least 50 years of age. These 65 million older households are highly diverse and require different types…