This paper studies the link between bank mortgage lending and house prices by asking whether macroprudential policies that impose higher risk weights on high LTV mortgages can slow house price growth. For housing units likely to be purchased using mortgages subject to the higher risk weights, we...

The covid-19 pandemic induced a major shift in the prevalence of remote and hybrid work arrangements. This article reviews the effects of this remote work revolution for residential and commercial real estate values and for the future of cities. It also discusses consequences for productivity,...