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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…
Working Papers

Rental Housing: An International Comparison

Michael Carliner, Ellen Marya • September 1, 2016

This working paper compares rental housing in 12 countries in Europe and North America, using individual records from household surveys. Differences in housing…
Reports

Projecting Trends in Severely Cost-Burdened Renters: 2015–2025

Allison Charette, Chris Herbert, Andrew Jakabovics, Ellen Marya, Daniel McCue • September 21, 2015

This report shows that the number of households spending more than 50 percent of their income on rent is expected to rise at least 11 percent from 11.8 million to 13.1…
Working Papers

Imperfect Information and the Housing Finance Crisis

Edward Golding, Richard Green, Douglas McManus • February 1, 2008

UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…