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Keywords:Housing 

Working Paper
The Impact of the COVID-19 Pandemic on the Demand for Density: Evidence from the U.S. Housing Market

Cities are shaped by the strength of agglomeration and dispersion forces. We show that the COVID-19 pandemic has re-introduced disease transmission as a dispersion force in modern cities. We use detailed housing data to study the impact of the COVID-19 pandemic on the location demand for housing. We find that the pandemic has led to a reduced demand for housing in neighborhoods with high population density. The reduced demand for density is driven partially by the diminished need of living close to jobs that are telework-compatible and the declining value of access to consumption amenities. ...
Working Papers , Paper 2024

Working Paper
The Impact of the COVID-19 Pandemic on the Demand for Density: Evidence from the U.S. Housing Market

Cities are shaped by the strength of agglomeration and dispersion forces. We show that the COVID-19 pandemic has re-introduced disease transmission as a dispersion force in modern cities. We use detailed housing data to study the impact of the COVID-19 pandemic on the location demand for housing. We find that the pandemic has led to a greater decline in the demand for housing in neighborhoods with high population density. We further show that the reduced demand for density is partially driven by the diminished need of living close to jobs that are telework-compatible and the declining value ...
Working Papers , Paper 2024

Journal Article
Observations on public policy: the case of homelessness

The Region , Volume 15 , Issue Sep , Pages 66-67

Journal Article
Trends in homeownership: race, demographics, and income

The nation's homeownership rate recently reached an all-time high, with especially large gains among black households. This article quantifies the impact of underlying demographic and income trends on homeownership, concluding that while much of the increase in the aggregate homeownership rate can be attributed to faster growth in real incomes, the gains experienced by blacks may, in part, reflect a new regulatory environment.
Economic Perspectives , Volume 22 , Issue Q II , Pages 53-72

Journal Article
Investment and housing drive 1994 growth

Southwest Economy , Issue Jan , Pages 1-4

Journal Article
Slowdown in housing won't shut down economic growth

After years of press predictions that the hot housing market was about to cool down, the inevitable seems to be unfolding. Compared with the same period a year earlier, sales of new and existing homes slowed over the first four months of 2006, inventories of unsold new homes rose sharply and new and existing home prices softened. With mortgage interest rates creeping up, it is conceivable that housing may weaken further. ; But there?s no reason to think that the overall economy is threatened, as when stock prices did an about-face in 2000, helping to send the country into recession.
The Regional Economist , Issue Jul , Pages 3

Journal Article
Pulling up stakes: Have Americans lost the urge to move?

Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2012/q2-3/feature1_weblinks.cfm>
Econ Focus , Volume 16 , Issue 2Q/3Q , Pages 17-19

Journal Article
Beyond shelter: investing in quality affordable housing

As the demand for affordable housing grows during these troubled economic times, investment and policy aimed at shoring up supply becomes increasingly important.
Community Investments , Volume 20 , Issue Win

Journal Article
A spring rebound in Nebraska's housing market

Nebraska Economist , Issue Jun

Journal Article
The impacts of new neighborhoods on poor families: evaluating the policy implications of the moving to opportunity demonstration

This paper was presented at the conference "Policies to Promote Affordable Housing," cosponsored by the Federal Reserve Bank of New York and New York University's Furman Center for Real Estate and Urban Policy, February 7, 2002. It was part of Session 3: The Impact of Housing on People and Places.
Economic Policy Review , Issue Jun , Pages 113-140

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