The Low-Income Housing Tax Credit is the largest supply-side housing subsidy in the United States, costing over $8 billion per year. LIHTC properties tend to be concentrated in low-income urban communities. Numerous studies have examined the spillover effects of these properties but have not...

Small and medium multifamily properties — defined as buildings having between 2 and 49 units — house over 20 percent of the U.S. population, yet they remain an understudied segment of the housing market. Using a rich, transaction-level dataset in eleven major urban counties, we find that...

Natural disasters have been increasing in intensity at the same time that rental affordability has been declining in many cities. The intersection of these two trends presents an important challenge for policymakers as well as an insightful test for economic theory. This paper presents a new...

Scholars and practitioners are increasingly interested in understanding who owns real estate in communities and the implications for approaches to planning and other public policy. Yet, practitioners lack an efficient and comprehensive methodology to assess ownership patterns. Variegated...

Recent research demonstrates that land use choices, which date back to a century ago still powerfully shape the current development patterns. With advances in digitization, scholars have started studying the long-term effects of historic federal placed-based policies. One such area that has...

Households move in and out of neighborhoods every year and this mobility is a natural part of U.S. urban life. How do shocks from large public investments, such as new rail transit systems, affect neighborhood mobility rates? Do they increase or decrease in/out-flows? How do flows vary by...

This study examines the extent to which HOPE VI redevelopments have had positive spillover effects on their surrounding neighborhoods. It examines four such redevelopments-two in Boston, Massachusetts, and two in Washington, D.C.-and documents the changes that have taken place in property...