Could the post-Great Recession drop in housing demand have been driven in part by an increase in mortgage credit spreads across borrowers? In a new Joint Center working…
What is the microelasticity of mortgage demand to interest rates? Despite the importance of this parameter for models of monetary policy efficacy, little is known about the…
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…