Mortgage-default research and the recent foreclosure crisis
This article reviews the surge in research on mortgage default inspired by the recent
foreclosure crisis. Economists already understood a great deal about default, both …
foreclosure crisis. Economists already understood a great deal about default, both …
What is the role of the asking price for a house?
L Han, WC Strange - Journal of Urban Economics, 2016 - Elsevier
This paper considers the role of the asking price in housing transactions both theoretically
and empirically. Significant fractions of housing transactions involve sales prices that are …
and empirically. Significant fractions of housing transactions involve sales prices that are …
Real estate investors and the US housing recovery
L Lambie‐Hanson, W Li, M Slonkosky - Real Estate Economics, 2022 - Wiley Online Library
US house prices fell nearly 30% between 2006 and 2012. Meanwhile, homeownership rates
declined as mortgage credit supply tightened and investors bought up properties. Although …
declined as mortgage credit supply tightened and investors bought up properties. Although …
The organization of neglect: Limited liability companies and housing disinvestment
A Travis - American Sociological Review, 2019 - journals.sagepub.com
Sociological accounts of urban disinvestment processes rarely assess how landlords'
variable investment strategies may be facilitated or constrained by the legal environment …
variable investment strategies may be facilitated or constrained by the legal environment …
Mortgage default risk: New evidence from internet search queries
We use Google search query data to develop a broad-based and real-time index of
mortgage default risk. Unlike established indicators, our Mortgage Default Risk Index (MDRI) …
mortgage default risk. Unlike established indicators, our Mortgage Default Risk Index (MDRI) …
Factors and tendencies of housing abandonment: An analysis of a survey of vacant houses in Kawaguchi City, Saitama
The issue of vacant houses is receiving increased attention in the field of urban policy and
planning in Japan. We aim to describe the factors of vacant houses that lead to …
planning in Japan. We aim to describe the factors of vacant houses that lead to …
The role of proximity in foreclosure externalities: Evidence from condominiums
LM Fisher, L Lambie-Hanson, P Willen - American Economic Journal …, 2015 - aeaweb.org
We measure the effect of foreclosures on the sale prices of nearby properties using a
dataset of condominiums in Boston. A foreclosure in the same association and at the same …
dataset of condominiums in Boston. A foreclosure in the same association and at the same …
Housing price bubbles, new supply, and within-city dynamics
Although there is broad recognition that cities differ in their tendency to experience house
price bubbles, most studies assume away any possibility of within-city heterogeneity in …
price bubbles, most studies assume away any possibility of within-city heterogeneity in …
Negative externalities of long-term vacant homes: Evidence from Japan
Employing parcel-level data on vacant houses in a depopulating city in the Tokyo
metropolitan area, we provide the evidence of negative externalities of long-term vacant …
metropolitan area, we provide the evidence of negative externalities of long-term vacant …
A crisis of missed opportunities? foreclosure costs and mortgage modification during the great recession
We investigate the impact of Great Recession policies in California that substantially
increased lender pecuniary and time costs of foreclosure. We estimate that the California …
increased lender pecuniary and time costs of foreclosure. We estimate that the California …