By constraining an individual's choice during a search, housing discrimination distorts sorting decisions away from true preferences and results in a ceteris paribus reduction in welfare. This study combines a large-scale field experiment with a residential sorting model to derive...

Low and moderate income (LMI) households are an important part of the population served by the housing and mortgage industries. Over the last two decades, house prices and rent appreciation have exceeded growth in earnings for many Americans creating economic obstacles both for renters and...

Michael Eriksen's “The Location of Affordable and Subsidized Rental Housing Across and Within the Largest Cities in the United States” (March 2021) provides evidence on changes in rent levels and the availability of subsidized rental housing for LMI households over the last two decades in...

The Rental Assistance Demonstration (RAD) was authorized by Congress in 2012 to stem the potential loss of public housing and other subsidized housing units due to the growing backlog of unfunded capital needs. The program converts public housing properties to project-based Section 8...