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Blog

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…
Blog

Can Mortgage Forbearance Help Stabilize the Economy?

Sean Lee • November 21, 2023

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…