๐ขNEW WP!๐ข Property Tax Policy and Housing Affordability, joint w/Emily Horton, Byron Lutz, Nathan Seegert, and Jared Walczak.
Some new facts about the prevalence and use of local property tax relief policies and how these often make housing less affordable. ๐งต๐ #econtwitter
@JohnHolbein1 We didn't find much evidence of partisanship in our study looking at the lease cancellations. Wide range of agencies and nearby tenants' public procurement contracts impacted. More leases cancelled in Rep states, but larger ones in Dem states. https://t.co/3zPP4OCdmh
@peterbakernyt@nytimes@emilymbadger Steve Choi (RIT) and I show in our recent research that early DOGE contract announcements were especially bad for D.C. real estate. Billions in property value destroyed from lost rents from GSA tenants + private tenants supplying services to agencies. https://t.co/3zPP4OCdmh
Thanks @OxfordFrom for the invitation to talk about how government-backed lending to homeowners in the form of PACE can help improve climate resilience of the housing stock.
The full paper is here: https://t.co/4zu8BaqpyM
Why don't landlords make green investments, even when they could boost property value?
New episode of @OxfordFORE's Property Pod with Brian Lancaster & Cameron LaPoint (@cslapoint) explores PACE financing.
YT: https://t.co/zMgOB2YUY4
Spotify: https://t.co/G1DD77vFk9
โก๏ธ
๐ฃ๐ฃ๐ฃ Menaka Hampole (@menaka_hampole), Ashley Wong (@ashleyywong) and I are hiring a pre-doc at University of Michigan starting Sept 2025 to work on a project on student debt, innovation, and entrepreneurship.
More details: https://t.co/QA2OEtH0EQ
Apply by August 8!
@econ_ra
Exciting call for proposals below for a conference at @Unibocconi in September with a special issue from the #ReviewofFinance on the issue of the #FutureOfPayments & #DigitalCapitalMarkets. Check this out, and consider submitting, see you in Milan. Link https://t.co/zGxI1ZOgf2
Thanks to the @VoxDev team for featuring our recent work on interest rate caps on corporate loans in Bangladesh.
I'll also be presenting our work in the WEFIDEV webinar on Mon. 5/12 at 11am EST: https://t.co/2OXISbqtwr
Full paper available here ๐ซฑ https://t.co/LR3qjew6mo
๐ How interest rate caps increased the provision of credit to firms in Bangladesh
Yusuke Kuroishi (@Hitotsubashi_U), @cslapoint (@YaleSOM) & Yuhei Miyauchi (@bu_economics) discuss the impact of a cap on corporate loan interest rates in Bangladesh: https://t.co/hYE8x2mudY
๐ ๐ ๐ข๐ซ๐ฌ๐ญ ๐๐ฉ๐๐๐ญ๐: ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐๐ซ๐จ ๐๐๐ญ๐๐๐๐ฌ๐ (๐๐๐), ๐๐๐๐-๐๐ ๐
This week, we published the first update of the ๐บ๐ผ๐๐ ๐ฐ๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐บ๐ฎ๐ฐ๐ฟ๐ผ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฑ๐ฎ๐๐ฎ๐ฏ๐ฎ๐๐ฒ ๐ฒ๐๐ฒ๐ฟ ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ. ๐งต
๐ฃnew paper alert: An Alpha in Affordable Housing? a collaboration with with @damensven and @MKorevaar_ showing that low-rent/low-income housing earns the highest returns for landlords in the U.S., Belgium, and The Netherlands.
US data since 1919 shows that volatility in building permits foreshadows financial market volatility. โCities and states with more elastic housing supply consistently predict financial market downturns at 12-month horizons.โ@cslapoint@CortesGustavoS
https://t.co/IEjLEHPRGh
Call for papers for the very 1st UMass Amherst Finance Conference
https://t.co/WMYTEnATU7
The conference is on Friday, May 9, 2025
The deadline for submitting your paper is February 1
@econ_conf#econtwitter@UMassAmherst@IsenbergUMass
The call for paper of the 1st CCAxESCP Finance workshop is out! Please submit your best papers by Feb 15th, 2025. ๐Looking forward to this event in beautiful Turin! ๐ซ
๐จ Excited to debut my new paper, "Housing Is the Financial Cycle: Evidence from 100 Years of Local Building Permits," joint with @CSLaPoint. We document that building permits predict financial market volatility across *a century* of U.S. economic history! https://t.co/ULD5o14ED5
Weโre excited to host our annual research symposium with UF on March 20-22, 2025, focusing on housing economics and finance. Be sure to check out the CFP and submit your work by Dec 1.
Looking forward to seeing many of you in Tally!
Housing policy researchers! As you plan your fall schedule, don't forget that JHEC is doing a special issue on upzoning (exciting & timely topic). Nov 30 deadline. @coulsoncommaed & I are reviewing submissions as they arrive. Send us your awesome papers!
https://t.co/wm2X0FmjqP
This work grew out of a panel discussion at the Spring National Tax Association meeting. The paper will appear soon in the National Tax Journal, but in the meantime, you can find the details here ๐ https://t.co/7ef8ZdAFnk
๐ขNEW WP!๐ข Property Tax Policy and Housing Affordability, joint w/Emily Horton, Byron Lutz, Nathan Seegert, and Jared Walczak.
Some new facts about the prevalence and use of local property tax relief policies and how these often make housing less affordable. ๐งต๐ #econtwitter
Key takeaway: First-time homebuyers + renters ๐๏ธ, who are more likely younger + lower-income, are least likely to benefit from property tax relief measures and often see affordability decrease.
On top of this, we hope our property tax atlas will spur more research in this area!