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…
Are millennials leaving cities? Yes, they are. In fact, even before the COVID-19 pandemic, millennials moving into their prime homebuying years were increasingly choosing…
With all the buzz surrounding millennials and their choices, it is tough to separate myth from reality. Often, myths have been promoted without careful consideration of the…
The Community Reinvestment Act (CRA) has helped spur small business lending in underserved communities and populations, according to a new working paper that I co-authored…
Rising house prices, increased interest rates, stricter underwriting standards, and significant student loans and credit-card debt have made it harder for younger would-be…
As they age, will the young, white, well-educated, upper income adults who have driven much of the population growth and demographic changes in urban areas continue to live…
Are cities growing faster than their suburbs? Unfortunately, there is little consensus among urban experts on this question. Some have argued that a “back-to-the-city…
Institutional investors own a growing share of the nation’s 22.5 million rental properties and a majority of the 47.5 million units contained in those properties,…
