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Working Papers

How Do Foreclosures Exacerbate Housing Downturns?

Adam Guren, Tim McQuade • October 26, 2013

W13-8: The recent housing bust precipitated a wave of mortgage defaults, with over seven percent of the owner-occupied housing stock experiencing a foreclosure.…
Working Papers

Just Suppose: Housing Subsidies for Low-Income Renters

John Quigley • March 1, 2007

RR07-9: This paper considers what the appropriate design of government policies towards rental housing subsidies would be in the absence of the long and mixed legacy of…
Working Papers

The Role of Investors in Acquiring Foreclosed Properties in Boston

Chris Herbert, Lauren Lambie-Hanson, Irene Lew, Rocio Sanchez-Moyano • October 23, 2013

W13-6: As the housing bust accelerated in 2008, concerns mounted about the impact of rising foreclosure levels on low-income and minority communities where nonprime…
Working Papers

Tenure and Location Choice among Hispanic Households

Rocio Sanchez-Moyano • October 10, 2019

Persistently large gaps in homeownership between whites and Hispanics are a major contributor to wealth inequality. This article considers whether Hispanics and whites are…