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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

Residential Conversions

Julia Reade, Zhu Xiao Di • August 5, 2000

W00-5: The stock of residential units in the United States is constantly changing as units are added, demolished, or converted. This paper looks at the conversion of…
Working Papers

The Role of Housing as a Component of Household Wealth

Zhu Xiao Di • July 15, 2001

W01-6: This paper explores the relationship between housing and household wealth. Any such study encounters two challenges: measuring household wealth and tracing the…