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The Continuing Decline of Low-Cost Rentals

Alexander Hermann • May 11, 2020

The growth in high-income renters, the nation’s limited housing supply, and the tendency for new construction to be aimed at the top of the market have all contributed to the…
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…