The remote work revolution: Impact on real estate values and the urban environment: 2023 AREUEA Presidential Address

S Van Nieuwerburgh - Real Estate Economics, 2023 - Wiley Online Library
The covid‐19 pandemic induced a major shift in the prevalence of remote and hybrid work
arrangements. This review article studies the effects of this remote work revolution for …

Flattening the curve: pandemic-induced revaluation of urban real estate

A Gupta, V Mittal, J Peeters… - Journal of Financial …, 2022 - Elsevier
We show that the COVID-19 pandemic brought house price and rent declines in city centers,
and price and rent increases away from the center, thereby flattening the bid-rent curve in …

JUE Insight: How do cities change when we work from home?

MJ Delventhal, E Kwon, A Parkhomenko - Journal of Urban Economics, 2022 - Elsevier
How would the shape of our cities change if there were a permanent increase in working
from home? We study this question using a quantitative model of the Los Angeles …

Mortgage Lock‐In, Mobility, and Labor Reallocation

J Fonseca, L Liu - The Journal of Finance, 2024 - Wiley Online Library
We study the impact of rising mortgage rates on mobility and labor reallocation. Using
individual‐level credit record data and variation in the timing of mortgage origination, we …

The effects of gentrification on the well-being and opportunity of original resident adults and children

Q Brummet, D Reed - 2019 - papers.ssrn.com
We use new longitudinal census microdata to provide the first causal evidence of how
gentrification affects a broad set of outcomes for original resident adults and children …

Zoning change: Upzonings, downzonings, and their impacts on residential construction, housing costs, and neighborhood demographics

Y Freemark - Journal of Planning Literature, 2023 - journals.sagepub.com
Many policymakers concerned about high housing costs argue that easing development
through altered land-use regulations can increase building, thereby boosting affordability …

The microgeography of housing supply

N Baum-Snow, L Han - Journal of Political Economy, 2024 - journals.uchicago.edu
We perform a comprehensive neighborhood-level analysis of housing supply. Predictions of
floor space and housing unit supply elasticities using our estimates average 0.5 and 0.3 …

More than shelter: the effect of rental eviction moratoria on household well-being

X An, SA Gabriel, N Tzur-Ilan - AEA Papers and Proceedings, 2022 - aeaweb.org
We investigate the impact of the 2020 COVID-19 rental eviction moratoria on household well-
being. Analysis of new panel data indicates that eviction moratoria reduced evictions and …

The impact of upzoning on housing construction in Auckland

R Greenaway-McGrevy, PCB Phillips - Journal of Urban Economics, 2023 - Elsevier
There is a growing debate about whether upzoning is an effective policy response to
housing shortages and unaffordable housing. This paper provides empirical evidence to …

Out‐of‐town home buyers and city welfare

J Favilukis, S Van Nieuwerburgh - The Journal of Finance, 2021 - Wiley Online Library
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 …