There is growing concern about the impact of the home-sharing markets on housing affordability, yet the underlying mechanisms are not well-studied. We use a theoretical model to provide key results on the mechanisms through which home-sharing can improve the quality of matches between buyers and...

Housing discrimination is illegal. However, paired-tester audit experiments have revealed evidence of discrimination in the interactions between potential buyers and real estate agents, raising concern about whether certain groups are systematically excluded from the beneficial effects of...

Housing discrimination is illegal. However, paired-tester audit experiments have revealed evidence of discrimination in the interactions between potential buyers and real estate agents, raising concern about whether certain groups are systematically excluded from the beneficial effects of...

We report evidence from the largest study of racial price differentials in the U.S. housing market, using a panel of 40 million repeat-sales transactions. We find that non-white buyers purchase at a premium when buying from sellers from outside their group. Consistent with predictions from...