Housing & Housing Finance; Real Estate Taxation Research Projects
Several members of CPR are particularly active in the analysis of a wide range of issues related to housing markets. Recent topics include the analysis of public housing programs, econometric modeling of metropolitan housing markets, and forecasts of the market for owner-occupied housing. A closely related area is housing finance. This includes the demand for mortgages and various types of mortgage instruments, the pricing of mortgage-backed securities, econometric analysis of mortgage prepayment and default, the credit risk of multifamily mortgages, and the analysis of government sponsored housing finance enterprises. One recent study was sponsored by the Government Accounting Office to examine possible impacts of privatizing Fannie Mae and Freddie Mac.; another was sponsored by HUD to help in the establishment of housing goals for these government sponsored enterprises.
- Subsidized Rental Housing & the Economic Transition of Urban Neighborhoods in the U.S., Stuart Rosenthal (PI), The MacArthur Foundation.