This paper models the housing sector, mortgages and endogenous default in a DSGE setting with nominal and real … housing demand shock. Next we use our estimated model to evaluate a policy that reduces the principal of underwater mortgages …

In this article we study the market duration of new housing built by developers in Mexico between 2013 and 2015. In … particular, this document discusses whether the physical characteristics of housing, state of location, date put on sale, time of …

This paper describes an equilibrium life-cycle model of housing where nonconvex adjustment costs lead households to … adjust their housing choice infrequently and by large amounts when they do so. In the cross-sectional dimension, the model … of housing adjustment. In the time-series dimension, the model accounts for the procyclicality and volatility of housing …

make decisions based on their perceived level of housing wealth. Numerical simulations generate the effects of house value …

Housing is the greatest asset held by most households, and it is an important determinant of their financing and … consumption decisions. Despite the fact that measuring housing wealth is crucial for understanding households' economic behavior … data requirements while still meeting international guidelines. Our results suggest housing wealth in Mexico has followed …

housing boom, although this research has been criticized recently. Going forward, improvements to data and models will allow …

We examine the impact of subsidized housing on homelessness using the Low-Income Housing Tax Credit (LIHTC), the … largest place-based housing program in the United States. To generate quasi-experimental variation in housing placements, we …-based policies crossing local boundaries and homeless housing demand that is sensitive to rental prices. …

housing boom was an endogenous response to widespread expectations of higher future house prices, as average mortgage sizes …

-family, multifamily, and affordable housing and how their effects on rents differ from their effects on house prices. Using lot … for the effects of zoning regulations on the supply of different types of housing, single-family-house prices, multifamily … multifamily housing-is the most fruitful policy reform for increasing the housing supply and reducing multifamily rents and single …