Working Papers

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# title author(s) view online members only request e-copy
666 The Jumbled Alphabet Soup of the Collapsed Home Mortgage Market: ABCP, CDO, CDS and RMBS Georgette Chapman Phillips   full paper request e-copy
665 Housing Busts and Household Mobility Fernando Ferreira, Joseph Gyourko, and Joseph Tracy abstract full paper request e-copy
664 Can Owning a Home Hedge the Risk of Moving? Todd Sinai and Nicholas S. Souleles abstract full paper request e-copy
663 Economic Downturns and the Architectural Profession Witold Rybczynski executive summary full paper request e-copy
662 Black Swans in Blue Suits Bowen H. McCoy executive summary full paper request e-copy
661 The Global Financial Crisis and International Property Performance Jacques Gordon executive summary full paper request e-copy
660 Is This the Worst Ever Yet? Peter Linneman executive summary full paper request e-copy
659 Development Regulations and Housing Affordability John Crosland, Jr. executive summary full paper request e-copy
658 International Financial Reporting Standards in Real Estate Robert T. O'Brien executive summary full paper request e-copy
657 Realizing the Value of Corporate Real Estate Management Steffen Hartmann, Peter Linneman, Andreas Pfnür, Boris Siperstein executive summary full paper request e-copy
656 Ten Planning Successes John Landis executive summary full paper request e-copy
655 Subprime Lending and Real Estate Prices Andrey Pavlov, Susan Wachter executive summary full paper request e-copy
654 The Ongoing Financial Upheaval: Understanding the Sources and Way Out Susan M. Wachter executive summary full paper request e-copy
653 Mortgage Product Substitution and State Anti-Predatory Lending Laws: Better Loans and Better Borrowers? Raphael Bostic, Souphala Chomsisengphet, Kathleen C. Engel, Patricia A. McCoy, Anthony Pennington-Cross, and Susan Wachter abstract full paper request e-copy
652 Why Government Planning Always Fails Randal O’Toole executive summary full paper request e-copy
651 Stylistic Trends in Multifamily Housing Michael Ytterberg executive summary full paper request e-copy
650 Recession-Proof Retailing Bertrand Pellegrin executive summary full paper request e-copy
649 Value Creation Opportunities for Commercial Real Estate Owners Michael A. Herzberg, Jonas D. Bordo, Timothy Kessler executive summary full paper request e-copy
648 Where Are We Going? Daniel Rose executive summary full paper request e-copy
647 High Gas Prices and Urbanism Witold Rybczynski executive summary full paper request e-copy
646 Explaining the United States' Uniquely Bad Housing Market Jesse M. Abraham, Andrey Pavlov, Susan Wachter executive summary full paper request e-copy
645 Is This the Worst Ever? Peter Linneman, John Williams executive summary full paper request e-copy
644 Systemic Risk Through Securitization: The Result of Deregulation and Regulatory Failure Patricia A. McCoy, Andrey D. Pavlov, and Susan M. Wachter abstract full paper request e-copy
643 Sustainable Homeownership Paul S. Calem, Marsha J. Courchane, and Susan M. Wachter executive summary full paper request e-copy
642 The Value of School Facility Investments: Evidence from a Dynamic Regression Discontinuity Design Stephanie Riegg Cellini, Fernando Ferreira, and Jesse Rothstein abstract full paper request e-copy
641 The Paradox of Commercial Real Estate Debt Georgette Chapman Phillips executive summary full paperSusan M. Wachter request e-copy
640 Understanding Commercial Real Estate: Just How Different From Housing Is It? Joseph Gyourko abstract full paper request e-copy
639 Credit Impairment and Housing Tenure Choice Paul S. Calem, Simon Firestone, and Susan M. Wachter abstract full paper request e-copy
638 The Half-Life of Buildings Witold Rybczynski executive summary fullpaper request e-copy
637 How Should Commercial Real Estate Be Priced? Peter Linneman, David Rubenstein executive summary fullpaper request e-copy
636 Evaluating the Decision to Own Corporate Real Estate Peter Linneman, Frank Pfirsching executive summary fullpaper request e-copy
635 Face-To-Face Places Joel Garreau executive summary fullpaper request e-copy
634 Re-Thinking Our Financial System Ethan Penner executive summary fullpaper request e-copy
633 The Premature Pricing of Commercial Real Estate Distress Neil Barve, Aaron Bryson, Tee Yong Chew, Wei Jin executive summary fullpaper request e-copy
632 The Subprime Mortgage Market and the Valuation of Subprime Bonds William R. Greenberg, Brook S. Payner executive summary fullpaper request e-copy
631 How We Got to the Credit Crisis Peter Linneman executive summary fullpaper request e-copy
630 City Beautiful Gerald A. Carlino and Albert Saiz abstract full paper request e-copy
629 Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income James Poterba and Todd Sinai   full paper request e-copy
628 Income Tax Provisions Affecting Owner-Occupied Housing: Revenue Cost and Incentive Effects James Poterba and Todd Sinai abstract full paper request e-copy
626 Housing Supply and Housing Bubbles Edward L. Glaeser, Joseph Gyourko, Albert Saiz abstract full paper request e-copy
625 Spatial Variation in the Risk of Home Owning Todd Sinai   full paper request e-copy
624 Urban Housing Demand Todd Sinai   full paper request e-copy
623 America’s Favorite Buildings Witold Rybczynski executive summary full paper request e-copy
622 Garden City Suburbs Robert A.M. Stern executive summary full paper request e-copy
621 The Suburban Archipelago Joel Kotkin executive summary full paper request e-copy
620 Homeownership and Commercial Real Estate Manidipa Kapas, Youguo Liang executive summary full paper request e-copy
619 Some Observations on Real Estate Entrepreneurship Peter Linneman executive summary full paper request e-copy
618 The Wild Ride of Mortgage-Backed Securities Stephen A. Roth executive summary full paper request e-copy
617 Anatomy of the Housing Market Boom and Correction Kenneth T. Rosen executive summary full paper request e-copy
616 The Capital Markets Disarray Peter Linneman executive summary full paper request e-copy
615 The American Dream? The Private and External Benefits of Home Ownership Grace Wong   full paper request e-copy
614 Incentives for Mortgage Lending in Asia Richard Green, Roberto Mariano, Andrey Pavlov, and Susan Wachter abstract full paper request e-copy
613 Mortgage Put Options and Real Estate Markets Andrey Pavlov and Susan Wachter   full paper request e-copy
611 Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income James Poterba and Todd Sinai   full paper request e-copy
610 Housing and Behavioral Finance Christopher Mayer and Todd Sinai abstract full paper request e-copy
609 Net Worth and Housing Equity in Retirement Todd Sinai and Nicholas Souleles abstract full paper request e-copy
608 Urban Housing Markets Joe Gyourko abstract full paper request e-copy
607 Subprime Lending and House Price Volatility Andrey Pavlov and Susan Wachter   full paper request e-copy
606 Arbitrage in Housing Markets Edward L. Glaeser and Joseph Gyourko abstract full paper request e-copy
605 Real Estate Transparency Jacques N. Gordon executive summary full paper request e-copy
604 Residential Land Recapitalization: Equity Returns for Debt Risk Larry Burnett, Caroline Jones and Adam Krug   full paper request e-copy
589 Downloading Wisdom from Online Crowds Albert Saiz and Uri Simonsohn abstract full paper request e-copy
588 Immigrants, Hispanics, and the Evolution of Housing Prices in the US Albert Saiz abstract full paper request e-copy
585 The Housing Finance Revolution: Implications for the Subprime Market Richard K. Green and Susan M. Wachter abstract full paper request e-copy
583 The Russian Investment Environment David Skinner executive summary full paper request e-copy
582 Real Estate Opportunities and Risks in China Youguo Liang and M. Shayne Arcilla executive summary full paper request e-copy
581 How to Fix Detroit Albert R. Ratner executive summary full paper request e-copy
580 Lessons from New Daleville Witold Rybczynski executive summary full paper request e-copy
579 Land-Use Regulation, House Prices and The New Social Contract Robert Bruegmann executive summary full paper request e-copy
578 Regional Growth Variability Peter Linneman and Deborah Moy executive summary full paper request e-copy
577 State Executive/Legislative and Judicial Activities and the Strength of Local Regulation of Residential Housing David D. Foster and Anita A. Summers   full paper request e-copy
575 Architectural Branding Witold Rybczynski executive summary full paper request e-copy
574 Urban Lessons from Katrina Jonathan Barnett executive summary full paper request e-copy
573 How Rising Housing Prices Have Stimulated U.S. Consumption Anthony Downs executive summary full paper request e-copy
572 Forecasting 2020 U.S. County and MSA Populations Peter Linneman and Albert Saiz executive summary full paper request e-copy
571 Retail-Office Performance Rotation Philip Conner and Ryan Severino executive summary full paper request e-copy
569 Adjusting Opportunity Fund Fees Joanne Douvas executive summary full paper request e-copy
568 The Equitization of Real Estate Peter Linneman executive summary full paper request e-copy
567 Status Caste Exchange: Preferences for Race and Poverty Status of Neighbors in Large U.S. Metropolitan Areas, 1970-2000 Janice Fanning Madden abstract full paper request e-copy
566 Aggressive Lending and Real Estate Markets Andrey Pavlov and Susan Wachter executive summary full paper request e-copy
565 State and Local Anti-Predatory Lending Laws: The Effect of Legal Enforcement Mechanisms Susan Wachter, Raphael Bostic, Kathleen Engel, Anthony Pennington-Cross   full paper request e-copy
563 Be It Ever So Humble: Understanding Housing Using Subjective Well-being Data Grace Wong   full paper request e-copy
562 Do Political Parties Matter? Evidence from U.S. Cities Fernando Ferreira and Joseph Gyourko abstract full paper request e-copy
561 Housing Dynamics Edward L. Glaeser and Joseph Gyourko abstract full paper request e-copy
560 Residential Land Use Regulation in the Philadelphia MSA Joseph Gyourko and Anita A. Summers executive summary full paper request e-copy
558 A New Measure of the Local Regulatory Environment for Housing Markets: The Wharton Residential Land Use Regulatory Index Joseph Gyourko, Albert Saiz, and Anita Summers executive summary full paper request e-copy
557 International Comparison of Housing Risk Premia Chris Julliard and Grace Wong   full paper request e-copy
556 The Pioneering "Levittowner" Witold Rybczynski executive summary full paper request e-copy
555 Immigration and Real Estate Markets Albert Saiz executive summary full paper request e-copy
554 The Playground City Joel Kotkin executive summary full paper request e-copy
553 Is U.S. Real Estate Over-Priced? Jacques N. Gordon, William J. Maher executive summary full paper request e-copy
552 Real Estate Market Fundamentals in South Florida John E. Bibish IV, Jesse M. Keenan executive summary full paper request e-copy
551 The South Florida Condominium Market Kenneth T. Rosen, Charlie H. Rose executive summary full paper request e-copy
550 Revisiting Return Profiles of Real Estate Investment Vehicles Peter Linneman, Deborah C. Moy executive summary full paper request e-copy
549 Forecasting 2020 U.S. County and MSA Populations Peter Linneman and Albert Saiz abstract full paper request e-copy
548 Superstar Cities Joseph Gyourko, Christopher Mayer, Todd Sinai abstract full paper request e-copy
547 Subprime Lending: Neighborhood Patterns Over Time Jonathan Hershaff, Susan Wachter and Karl Russo abstract full paper request e-copy
546 The Impact of Divorce Laws on Marriage-Specific Capital Betsey Stevenson abstract full paper request e-copy
545 Underpriced Default Spread Exacerbates Market Crashes Winston T.H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock Yong Phang, Augustine H. H. Tan and Susan M. Wachter abstract full paper request e-copy
543 Who Lives Downtown Today? Eugenie L. Birch executive summary full paper request e-copy
542 Rebuilding NOLA Witold Rybczynski executive summary full paper request e-copy
541 Nine Causes of Sprawl Richard K. Green executive summary full paper request e-copy
540 The Kelo Decision Pamela M. Loughman, Georgette C. Phillips executive summary full paper request e-copy
539 Hostile Takeovers of REITs David M. Einhorn, Adam O. Emmerich, Robin Panovka, William Savitt, David B. Silva executive summary full paper request e-copy
538 Entrepreneurial Return and Risk in Commercial Real Estate David Rosenberg, Ajay Badlani executive summary full paper request e-copy
537 Redefining Corporate Real Estate Julie E. Benezet, Maureen A. Welch executive summary full paper request e-copy
536 Corporate Real Estate Mukund Krishnaswami, Peter Linneman executive summary full paper request e-copy
535 What is a Tree Worth? Green-city Strategies and Housing Prices Susan Wachter and Grace Wong   full paper request e-copy
534 A Unified Framework for Measuring Preferences for Schools and Neighborhoods Patrick Bayer, Fernando Ferreira and Robert McMillan abstract full paper request e-copy
532 Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles Winston T.H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock Yong Phang, Augustine H. H. Tan and Susan M. Wachter abstract full paper request e-copy
530 Urban Decline and Durable Housing Edward L. Glaeser and Joseph Gyourko abstract full paper request e-copy
529 Looking Back to Look Forward: What Can We Learn About Urban Development from Philadelphia's 350 Year History? Joseph Gyourko   full paper request e-copy
527 Immigration and the Neighborhood Albert Saiz and Susan Wachter abstract full paper request e-copy
526 You Can Take It with You: Proposition 13 Tax Benefits, Residential Mobility, and Willingness to Pay for Housing Amenities Fernando Vendramel Ferreira abstract full paper request e-copy
524 Owner-Occupied Housing as a Hedge Against Rent Risk Todd Sinai and Nicholas S. Souleles abstract full paper request e-copy
523 Commitment, Risk, and Consumption: Do Birds of a Feather Have Bigger Nests? Stephen H. Shore and Todd Sinai abstract full paper request e-copy
522 Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions Charles Himmelberg, Christopher Mayer and Todd Sinai abstract full paper request e-copy
521 Do Low-Income Housing Subsidies Increase the Occupied Housing Stock? Todd Sinai and Joel Waldfogel abstract full paper request e-copy
520 Creative Places Witold Rybczynski executive summary full paper request e-copy
519 What Should Stabilized Multifamily Cap Rates Be? Peter Linneman executive summary full paper request e-copy
518 Real Estate Crashes and Bank Lending Andrey Pavlov and Susan M. Wachter executive summary full paper request e-copy
517 Population Changes and the Economy Janice F. Madden executive summary full paper request e-copy
516 The West Philadelphia Story Judith Rodin executive summary full paper request e-copy
515 Northeastern University and Boston's Avenue of the Arts William Rawn executive summary full paper request e-copy
514 Fused Grid Planning in a Canadian City Fanis Grammenos and Chris Pidgeon executive summary full paper request e-copy
513 Reconsidering the Cul-de-sac Michael Southworth and Eran Ben-Joseph executive summary full paper request e-copy
512 Current State Legislative and Judicial Profiles on Land-Use Regulations in the U.S. David D. Foster and Anita A. Summers   full paper request e-copy
511 Assessing High House Prices: Bubbles, Fundamentals, and Misperceptions Charles Himmelberg, Christopher Mayer and Todd Sinai abstract full paper request e-copy
509 Housing and Government Policy in the Global Economy: The Cases of Korea and the US Susan M. Wachter abstract full paper request e-copy
507 Dequity: The Blurring of Debt and Equity in Securitized Real Estate Financing Georgette Chapman Poindexter abstract full paper request e-copy
506 Real Estate Crashes and Bank Lending Andrey Pavlov and Susan M. Wachter executive summary full paper request e-copy
505 Tiebout Sorting, Social Multipliers, and the Demand for School Quality Patrick Bayer, Fernando Vendramel Ferreira and Robert McMillan abstract full paper request e-copy
503 Is SARS a Poor Man’s Disease? Grace Wong abstract full paper request e-copy
502 The Anatomy of a Housing Bubble Grace Wong abstract full paper request e-copy
501 Has Sars Infected the Property Market? Grace Wong abstract full paper request e-copy
500 Balancing Private Development and Public Good Harris M. Steinberg executive summary full paper request e-copy
499 Hard Landing Witold Rybczynski executive summary full paper request e-copy
498 Housing Supply Restrictions Across the United States Raven E. Saks executive summary full paper request e-copy
497 How Affordable is Affordable Housing? Witold Rybczynski executive summary full paper request e-copy
496 Hurdle Rates for International Real Estate Investing Kenneth T. Rosen, Daniel T. Van Dyke executive summary full paper request e-copy
495 The Expanding World of Cross-Border Real Estate Jacques N. Gordon executive summary full paper request e-copy
494 Linkages Between Chinese and Indian Economies and American Real Estate Markets Anthony Downs executive summary full paper request e-copy
493 The Return Volatility of Publicly and Privately Owned Real Estate Peter Linneman executive summary full paper request e-copy
492 Land Hungry Georgette Chapman Poindexter   full paper request e-copy
489 Tiebout Sorting, Social Multipliers and he Demand for School Quality Patrick Bayer, Fernando Vendramel Ferreira and Robert McMillan abstract full paper request e-copy
488 Do Courts Matter? Housing Rental Market Development and the Law Pablo Casas-Arce and Albert Saiz abstract full paper request e-copy
486 Urban Growth and Housing Supply Edward L. Glaeser, Joseph Gyourko and Raven Saks abstract full paper request e-copy
484 Financing Cities Robert P. Inman abstract full paper request e-copy
482 Hitting the Wall: Credit as an Impediment to Homeownership Raphael W. Bostic, Paul S. Calem, and Susan M. Wachter abstract full paper request e-copy
475 Cities and Globalization Witold Rybczynski executive summary full paper request e-copy
474 Global Financial Centers After 9/11 Saskia Sassen executive summary full paper request e-copy
473 Global Trends and Performance Effects in Corporate Real Estate Dirk Brounen and Piet Eichholtz executive summary full paper request e-copy
472 Housing's Changing Role in the Business Cycle Susan M. Wachter and Mark Zandi executive summary full paper request e-copy
471 Diverging Values and Fundamentals: A Phase or A Transformation? Charles F. Lowrey executive summary full paper request e-copy
470 Real Estate Returns in Public and Private Markets Joseph Gyourko executive summary full paper request e-copy
469 Reining in Opportunity Fund Fees Joanne Douvas executive summary full paper request e-copy
468 The CMBS Market Patrick J. Corcoran and Yuriko Iwai executive summary full paper request e-copy
467 A Disconnect in Real Estate Pricing? Peter Linneman executive summary full paper request e-copy
463 The Anatomy of Non-recourse Lending Andrey Pavlov and Professor Susan Wachter abstract full paper request e-copy
461 Bank Lending and Real Estate in Asia: Market Optimism and Asset Bubbles Winston T.H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock Yong Phang, Augustine H. H. Tan, Susan M. Wachter abstract full paper request e-copy
460 Design Innovation and the Single-Family House Witold Rybczynski abstract full paper request e-copy
459 New York City’s Ten Year Capital Plan for Housing Richard T. Roberts, Jerry J. Salama, Michael H. Schill abstract full paper request e-copy
458 Can Property Taxes and Development Charges Help Shape Metropolitan Areas? Andrejs Skaburskis, Ray Tomalty abstract full paper request e-copy
457 Two Decades of Multifamily Financing Donald S. Bradley, Frank E. Nothaft, Michael A. Schoenbeck abstract full paper request e-copy
456 Connecting the Disconnect Bernard Winograd abstract full paper request e-copy
455 Understanding the Return Profiles of Real Estate Investment Vehicles Peter Linneman, Deborah C. Moy abstract full paper request e-copy
454 Architecture and Density Saskia Sassen abstract full paper request e-copy
453 Is There a Supply Side to Urban Revival? Joseph Gyourko, Albert Saiz abstract full paper request e-copy
451 Real Estate Crashes and Bank Lending Andrey Pavlov and Susan Wachter abstract full paper request e-copy
447 Real Estate Returns in the Public and Private Markets: A Reexamination Following the Rise of Equity REITs Joseph Gyourko abstract full paper request e-copy
446 The Rise of the Skilled City Edward L. Glaeser and Albert Saiz abstract full paper request e-copy
445 Redesigning Commercial Strips Jonathan Barnett executive summary full paper request e-copy
444 REITs as an Alternative Investment in Volatile Financial Markets Kenneth T. Rosen executive summary full paper request e-copy
443 The Evolution of Retailing in the United States Peter Linneman and Deborah C. Moy executive summary full paper request e-copy
442 The Impact of Building Restrictions on Housing Affordability Edward L. Glaeser and Joseph Gyourko executive summary full paper request e-copy
441 Stock Market Rotations and REIT Valuation Robert Falzon executive summary full paper request e-copy
440 The Return of the Town Center Charles C. Bohl executive summary full paper request e-copy
439 The Changing Design of Shopping Places Witold Rybczynski executive summary full paper request e-copy
437 Geography and the Internet:Is the Internet a Substitute or a Complement for Cities? Todd Sinai and Joel Waldfogel abstract full paper request e-copy
436 The (Un)Changing Geographical Distribution of Housing Tax Benefits: 1980 to 2000 Todd Sinai and Joseph Gyourko abstract full paper request e-copy
435 Does Credit Quality Matter for Homeownership? Irina Barakova, Raphael Bostic, Paul Calem, Susan Wachter abstract full paper request e-copy
434 Housing's Virtuous Cycle Mark M.Zandi abstract full paper request e-copy
433 Immigration and Housing Rents in American Cities Albert Saiz abstract full paper request e-copy
432 Using Home Maintenance and Repairs to Smooth Variable Earnings Joseph Gyourko and Joseph Tracy abstract full paper request e-copy
429 The Art of the New Urbanist Deal Witold Rybczynski executive summary full paper request e-copy
428 The Woods at Bath: Pioneers of Real Estate Development Harvey Rabinowitz executive summary full paper request e-copy
427 American Architecture, 1975 - 2000 David G. De Long executive summary full paper request e-copy
426 Legal Do's and Don'ts for Age-Restricted Communities Roger D. Winston executive summary full paper request e-copy
425 The Multi-Family Rental Housing Outlook J. Ronald Terwilliger executive summary full paper request e-copy
424 The Forces Not Changing Real Estate Forever Albert B. Ratner executive summary full paper request e-copy
423 The Five Overlooked Features of the Real Estate Capital Markets Bernard Winograd executive summary full paper request e-copy
422 The Halting Consolidation Revolution Lynne B. Sagalyn executive summary full paper request e-copy
421 The Forces Changing Real Estate Forever: Five Years Later Peter Linneman executive summary full paper request e-copy
420 Measuring Sprawl Witold Rybczynski executive summary full paper request e-copy
419 The Activities and Benefits of Smart Growth Robert W. Burchell, Anthony Downs, Catherine C. Galley and David Listokin executive summary full paper request e-copy
418 The Crash and Rebound of Canary Wharf David L. A. Gordon executive summary full paper request e-copy
417 Why Does Anybody Still Live Here? Joseph Gyourko executive summary full paper request e-copy
416 Real Estate: Past, Present, and Future Samuel Zell executive summary full paper request e-copy
415 Opportunistic Investing and Real Estate Private Equity Funds Dale Ann Reiss, Deborah Levinson and Sanford Presant executive summary full paper request e-copy
414 Defaults in Securitized Real Estate Loans Georgette C. Poindexter executive summary full paper request e-copy
413 Real Estate Private Equity Funds Peter Linneman and Stanley Ross executive summary full paper request e-copy
410 Does Credit Quality Matter for Homeownership? Irina Barakova, Raphael Bostic, Paul Calem and Susan Wachter abstract full paper request e-copy
409 Managing Metropolitan Futures: The Role of Information Intermediaries Joseph Ferreira, Andrew Reamer and Susan Wachter executive summary full paper request e-copy
408 Robbing the Bank: Non-recourse Lending and Asset Prices Andrey Pavlov and Susan Wachter abstract full paper request e-copy
407 Urban Decline and Housing Reinvestment: The Role of Construction Costs and the Supply Side Joseph Gyourko and Albert Saiz abstract full paper request e-copy
405 The Impacts Of Affordable Lending Efforts On Homeownership Rates Roberto G. Quercia, George W. McCarthy and Susan M. Wachter abstract full paper request e-copy
404 The Neighborhood Distribution of Subprime Mortgage Lending Paul S. Calem, Kevin Gillen and Susan Wachter executive summary full paper request e-copy
403 What Can We Learn about Investment and Capital Structure with a Better Measure of q? William M. Gentry and Christopher J. Mayer abstract full paper request e-copy
402 Bubbles in Real Estate Markets Richard Herring and Susan Wachter abstract full paper request e-copy
401 The Role of Speculation in Real Estate Cycles Stephen Malpezzi and Susan M. Wachter executive summary full paper request e-copy
400 Access to Homeownership in the United States: The Impact of Changing Perspectives on Constraints to Tenure Choice Joseph Gyourko   full paper request e-copy
399 The Spatial Distribution of Housing-Related Tax Benefits in the United States Joseph Gyourko and Todd Sinai abstract full paper request e-copy
398 Measuring Changes in the Spatial Concentration of Income and Poverty Among Suburbs of Large U.S. Metropolitan Areas Janice Fanning Madden abstract full paper request e-copy
396 The Changing Spatial Concentration of Income and Poverty Among Suburbs of Large U.S. Metropolitan Areas Janice Fanning Madden abstract full paper request e-copy
395 The Impact of Zoning on Housing Affordability Edward L. Glaeser and Joseph Gyourko executive summary full paper request e-copy
394 Do Low Income Housing Subsidies Increase Housing Consumption? Todd Sinai and Joel Waldfogel abstract full paper request e-copy
393 Network Effects, Congestion Externalities, and Air Traffic Delays: Or Why All Delays Are Not Evil Christopher Mayer and Todd Sinai abstract full paper request e-copy
392 Land Supply, House Price Capitalization, and Local Spending on Schools Christian A. L. Hilber and Christopher J. Mayer abstract full paper request e-copy
391 Irreversible Investment, Real Options, and Competition: Evidence from Real Estate Development Laarni Bulan, Christopher Mayer and C. Tsuriel Somerville abstract full paper request e-copy
390 Should Commercial Real Estate Be Included in the S&P 500? Peter Linneman executive summary full paper request e-copy
389 Residential Street Pattern Design Fanis Grammenos, Sevag Pogharian and Julie Tasker-Brown executive summary full paper request e-copy
388 Predicting Long-Term Trends and Market Cycles in Commercial Real Estate Glenn R. Mueller executive summary full paper request e-copy
387 Neighborhood Externality Risk and The Home Ownership Status of Properties Christian A. L. Hilber key conclusions full paper request e-copy
386 The Impact of Technology on Commercial Real Estate Kerry T. Vandell and Richard K. Green executive summary full paper request e-copy
385 Determinants of Commercial Mortgage Choice Timothy J. Riddiough executive summary full paper request e-copy
384 Design and Development Witold Rybczynski executive summary full paper request e-copy
383 Anistropic Autocorrelation in House Prices Kevin Gillen, Thomas Thibodeau and Susan Wachter abstract full paper request e-copy
382 Urban Decline and Durable Housing Edward L. Glaeser and Joseph Gyourko abstract full paper request e-copy
381 Access to Homeownership in the United States:The Impact of Changing Perspectives on Constraints to Tenure Choice Joseph Gyourko   full paper request e-copy
380 Another View of Predatory Lending Jack Guttentag abstract full paper request e-copy
378 The Impact of New Information Technologies on the Commercial Brokerage Industry: Phase III: What Does New Information Technology Make Possible and Under What Conditions Will Changes Occur? Joseph Gyourko and Asuka Nakahara key conclusions full paper request e-copy
377 The Impact of New Information Technologies on the Commercial Brokerage Industry: Phase II: E-Business Initiatives in the Commercial Brokerage and Listing Space Joseph Gyourko and Asuka Nakahara key conclusions full paper request e-copy
376 The Impact of New Information Technologies on the Commercial Brokerage Industry: Phase I: What Is at Stake? Estimation of the Revenue Flow to the Office and Industrial Brokerage Sectors Joseph Gyourko and Asuka Nakahara key conclusions full paper request e-copy
375 Reversing Philadelphia's Population Decline William G. Grigsby executive summary full paper request e-copy
374 Their Cities, and Ours Witold Rybczynski executive summary full paper request e-copy
373 The Bay Area Office Market and the Tech Slowdown Kenneth T. Rosen and Amanda L. Howard executive summary full paper request e-copy
372 Joint Ventures With Public Operators Robert J. Plumb and Joseph F. Azrack executive summary full paper request e-copy
371 International Real Estate Investing Peter Linneman executive summary full paper request e-copy
370 Corporate Real Estate Management Peter J.M.M. Krumm and Peter Linneman executive summary full paper request e-copy
369 Financing New Urbanism Joseph Gyourko and Witold Rybczynski executive summary full paper request e-copy
368 Clicks and Bricks John Bucksbaum executive summary full paper request e-copy
367 An Economic Development Strategy for the City William G. Grigsby executive summary full paper request e-copy
366 Capitalization of Federal Taxes, the Relative Price of Housing, and Urban Form: Density and Sorting Effects Richard Voith and Joseph Gyourko abstract full paper request e-copy
364 Finding a Focus: Repositioning Office REITs in the 21st Century Samuel Chasia, Akio Kishimoto, Bernard Kwan, and Ronchang She executive summary   request e-copy
363 Developing the Right REIT Strategy: Recommendations for Two Multifamily Companies Evan Henkin, Kelley Mast, Jacob Slosburg and Andrew Stewart   full paper request e-copy
362 Real Estate Investment Trusts: Retail Sector John Randall, Alexander Virtue, Ira Weidhorn, and Vera Widjaja   full paper request e-copy
361 Subordinated Rolling Equity: Analyzing Real Estate Loan Default in the Era of Securitization Georgette C. Poindexter   full paper request e-copy
360 Godfathers Of Sprawl Witold Rybczynski executive summary full paper request e-copy
359 Disney Town Douglas Frantz, Catherine Collins executive summary full paper request e-copy
358 Economies Of Scale Brent W. Ambrose, Michael J. Highfield, Peter Linneman executive summary full paper request e-copy
357 You Say You Want a (REIT) Revolution Bernard Winograd executive summary full paper request e-copy
356 Internal Transparency in Real Estate Markets Jacques N. Gordon executive summary full paper request e-copy
355 Real Estate Ethics Bowen H. McCoy executive summary full paper request e-copy
354 Mixing Income Groups In Public Housing Brent W. Ambrose and William Grigsby   full paper request e-copy
350 A Semiparametric Investigation of Lower-Income Home Mortgage Purchases in the Secondary Mortgage Market Dapeng Hu key conclusions full paper request e-copy
349 The Evolution of Real Estate in the Economy Dapeng Hu & Anthony Pennington-Cross key conclusions full paper request e-copy
348 Regulation and Capitalization of Environmental Amenities: Evidence from the Toxic Release Inventory in Massachusetts Linda T.M. Bui and Christopher J. Mayer   full paper request e-copy
345 The Maturing of REITs Brent W. Ambrose and Peter Linneman   full paper request e-copy
334 Capital Gains Tax Realizations and Tax Rates: New Evidence From Times Series Matthew Eichner and Todd Sinai key conclusions full paper request e-copy
333 The Spatial Distribution of Affordable Home Loan Purchases in Major Metropolitan Areas: Documentation and Analysis Joseph Gyourko and Dapeng Hu abstract full paper request e-copy
332 The Spatial Distribution of Housing-Related Tax Benefits in the United States [2.6MB PDF] Joseph Gyourko and Todd Sinai   full paper request e-copy
331 Land Use Regulation and New Construction Christopher J. Mayer and C. Tsuriel Somerville   full paper request e-copy
330 Financing New Urbanism Projects Joseph Gyourko and Witold Rybczynski   full paper request e-copy
329 The Price Elasticity of the Demand for Residential Land Joseph Gyourko and Richard Voith   full paper request e-copy
328 The Philadelphia Metropolitan Case Study Anita A. Summers key conclusions full paper request e-copy
326 Are Dividend Taxes Capitalized into Share Prices? Evidence from Real Estate Investment Trusts William M. Gentry, Deen Kemsley, and Christopher J. Mayer   full paper request e-copy
324 A Look at Real Housing Prices and Incomes: Some Implications for Housing Affordability and Quality Joseph Gyourko and Joseph Tracy key conclusions full paper request e-copy
323 Loss Aversion and Seller Behavior: Evidence from the Housing Market David Genesove and Christopher Mayer key conclusions full paper request e-copy
322 Mortgage Terminations, Heterogeneity and the Exercise of Mortgage Options Yongheng Deng, John M. Quigley and Robert Van Order key conclusions full paper request e-copy
321 Real Estate Ownership by Non-Real Estate Firms: An Estimate of the Impact on Firm Returns Yongheng Deng and Joseph Gyourko key conclusions full paper request e-copy
320 Employment Access, Residential Location and Homeownership Yongheng Deng, Stephen L. Ross and Susan M. Wachter key conclusions full paper request e-copy
316 The Differential Impacts of Federally Assisted Housing Programs on Nearby Property Values: A Philadelphia Case Study Chang Moo-Lee, Dennis P. Culhane, and Susan M. Wachter key conclusions full paper request e-copy
315 Mixed Income Housing Initiatives in Public Housing Brent Ambrose and William Grigsby key conclusions full paper request e-copy
314 The Tax Treatment of Housing and Its Effects on Bounded and Unbounded Communities Joseph Gyourko and Richard Voith key conclusions full paper request e-copy
312 Corporate Real Estate Strategies Peter Linneman key conclusions full paper request e-copy
311 The Asset Price Incidence of Capital Gains Taxes: Evidence from the Taxpayer Relief Act of 1997 and Publicly-Traded Real Estate Firms Todd Sinai and Joseph Gyourko key conclusions full paper request e-copy
309 The REIT Vehicle: Its Value Today and in the Future Joseph Gyourko and Todd Sinai key conclusions full paper request e-copy
308 Polarization and Public Housing in the United States William H. Carter, Michael H. Schill and Susan M. Wachter key conclusions full paper request e-copy
307 An Economic Analysis of Housing Abandonment Benjamin P. Scafidi, Michael H. Schill, and Susan M. Wachter key conclusions full paper request e-copy
304 The Impacts of Affordable Lending Efforts on Home Ownership Rates Roberto G. Quercia, George W. McCarthy and Susan M. Wachter key conclusions full paper request e-copy
301 The Hazard Rates of First and Second Default Brent W. Ambrose and Charles A. Capone key conclusions full paper request e-copy
300 Old REITs and New REITs Brent W. Ambrose and Peter Linneman key conclusions full paper request e-copy
296 State Constitutional Limitations on Regional Tax Sharing Carl McCarthy and Anita A. Summers key conclusions full paper request e-copy
289 The Future of Public Housing Michael H. Schill and Susan M. Wachter key conclusions full paper request e-copy


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