What is the impact of the sharing economy, pioneered by companies such as Airbnb, on housing markets in expensive, supply-constrained cities? In “The Distributional Impact of…
W14-11: This paper considers an unexamined mechanism in the selection processes that sort the urban poor into different neighborhood environments: the landlord. Scholars…
The boom and bust in nonprime and nontraditional mortgage lending in the United States is without precedent. The factors that fueled the boom and the way it unfolded sowed…