Most of America’s largest cities in 1950 declined in population in the intervening period. In 1990, nearly 60 percent of all owner-occupied single-unit residences in Midwest cen-tral cities were valued at less than the cost of construction. Nevertheless, these declining cities appear to...

Using 1990 Census tract-level data, we estimate how tax subsidies to owner-occupied housing are distributed spatially across the United States, calculating their value as the difference in taxes currently paid by home owners and the taxes owners would pay if there were no preference for...

Even though the GSEs, Fannie Mae and Freddie Mac, meet their low-income related housing goals in aggregate, the spatial distribution of their loan purchases within metropolitan areas does not closely match the spatial distribution of households qualified to borrow under the goals. Tracts located...

The rise of new information technology is likely to bring about three broad changes to the commercial brokerage industry. The first, which already is occurring, is the development of specialist firms that perform only a part of the brokerage process such as the research or listings function. We...

Most of America’s largest cities in 1950 have declined since then. In these declining areas, most homes cost less than the cost of new construction. In 1990, nearly 60 percent of all owner-occupied single-unit residences in Midwest central cities were valued at less than the cost of...

Over the last two decades, only a few New Urbanism projects have been built. These include Laguna West in California, Kentlands in Maryland, and Celebration in Florida. The question that arises is whether current lending and investment practices constrain NU developments. Leading developers,...