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We present a view of housing market effects relating health crises to house prices. Using data on opioid prescriptions and repeat sales in Ohio, we find that house price changes around opioid dispensaries (pharmacies and practitioners) are negatively associated with the quantity of opioids...
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This paper presents a first view on the effects of COVID-19 and subsequent shutdown and re-opening orders on residential real estate markets. We use micro-level data on property transactions from a large number of multiple listing services and find moderate aggregate pricing effects in the...
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Real estate brokers are ubiquitous in both residential and commercial real estate transactions. There is a significant literature on the role and impact that residential brokers impart on transactions acting as agents to sellers and buyers. However, there is sparse literature focused on the...
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We study the effect on economic outcomes resulting from reputation in a market and related locational advantage of intermediaries through the lens of brokered transactions in the commercial real estate market. Specifically, we explore how the locational advantage generated by a reputation for...
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