This paper investigates the importance of including data on new housing supply in Dynamic Stochastic General … financial sector and real estate sector, they have largely overlooked housing supply. I develop an extended DSGE model that … includes both the financial sector and endogenous housing supply and show that forecasting accuracy significantly improves when …

. To demonstrate the model's validity, we study policies advocated to reduce disparities: Do moving vouchers or housing … and wages. In contrast, our model shows that lower housing regulations in Vancouver can decrease the welfare gap between …-income cities becomes higher, reducing the incentive for low-wealth families to move precautionarily to locations with low housing …

This paper investigates the differential impact of monetary policy on homeownership and housing returns among Black …-specific entries and exits of homeownership and housing returns for 140 metropolitan areas in the United States. Our findings reveal … significant heterogeneity: for minority households, one unit of monetary tightening leads to a 15% lower housing return and a 31 …

looking at the effect of a reduction in the maximum loan-to-value (LTV) ratio on homeownership rates, house prices and housing … is initially loose, allowing households to lever up against the collateral value of their housing. A reduction in the LTV … is the fall in house prices and the greater is the rise in the share of constrained homeowners and housing wealth …