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Working Papers

Exit from Homeownership by Low-Income Households

Jeffrey Zabel • November 12, 2019

One of the justifications for federal involvement in the homeownership market is that it provides one of the few ways that low-income households can accumulate wealth. But…
Working Papers

Forced Sales and House Prices

Parag Pathak, John Campbell, Stefano Giglio • May 1, 2009

W09-4: This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to…