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Estimating the National Housing Shortfall

Daniel McCue, Sophie Huang • January 29, 2024

With home prices and rents hovering near record highs, and for-sale inventories and vacancies stuck near record lows, there is a significant housing shortfall. Most experts…
Working Papers

Where Does it Go? Spending by the Financially Constrained

Shawn Cole, John Thompson, Peter Tufano • February 1, 2008

UCC08-3: In this paper, we analyze the spending decisions of over 1.5 million Americans who vary in their degree of revealed credit constraints. Specifically, we analyze…