Growing numbers of affordable housing advocates and community members are
questioning the premise that increasing the supply of market-rate housing will result in …

Identifying the effects of “flights to safety” on asset prices using pure time-series methods is
difficult because crises are infrequent. We develop a new cross-sectional identification …

Many cities have attracted a flurry of out‐of‐town (OOT) home buyers. Such capital inflows
affect house prices, rents, construction, labor income, wealth, and ultimately welfare. We …

We use duration analysis to assess the impact of securitization, mortgage sector
liberalization and government involvement in housing finance on the length of housing …

In response to worsening housing affordability resulting from rapid housing price
appreciation, some governments have introduced taxes or restrictions to reduce demand for …

Previous research has shown that nonlocal household investors make suboptimal asset
selection and market timing decisions. However, in real estate markets, heterogeneity in …

The UK has had a long-standing regional house price gap with prices in London much
higher than the rest of the UK. Using price data from 1969 to 2016 we track price differentials …

We investigate how political backlash against wealthy second home investors in high
natural amenity places affects local residents. We exploit a quasi-natural experiment: the …

We investigate the empirical link between external debt composition and domestic credit
cycles. Using quarterly data for 40 countries between 1980 and 2015, we show that two …

The politics of Tamil working-class identity in Malaysia continue to be articulated in subaltern
terms, employing term such as 'coolie', which is elsewhere an archaic usage from colonial …