Residential Real Estate

Reassessing FHA risk Abstract Actuarial reviews of FHA risk underestimate how many FHA borrowers are underwater and in economic distress […]

Comparative statics in markets for indivisible goods Abstract We continue the graph-theoretic study of markets for large indivisible goods. We

Trading frictions and house price dynamics Abstract We model liquidity in housing markets. The model provides a simple characterization for

Shared equity Abstract Sharing of housing equity between a primary home buyer and a lender or co-investor, if done right,

The mortgage mess, the press, and the politics of inattention Abstract In reviewing the Challenger tragedy, Richard Feynman identified a

A graph-theoretic approach to markets for indivisible goods Abstract Many important markets, such as the labor market and the housing

Is the FHA Creating Sustainable Homeownership? Abstract The FHA neither produces its own statistics on the sustainability of homeownership nor

Measuring and Modeling Intergenerational Links in Relation to Long-Term Care Abstract We pinpoint three intergenerational aspects of long‐term care that