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Working Papers

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, Daniel Stackman • April 12, 2023

Why do storefronts remain empty for more than a year in some of the world’s highest-rent retail districts? Landlords with vacancies derive option value from two sources of…
Working Papers

Updated 2010-2020 Household and New Home Demand Projections

George Masnick, Daniel McCue, Eric Belsky • September 1, 2010

W10-9: Given the prolonged period of high unemployment and the possibility that it will influence headship rates and household growth, this working paper explores a…
Working Papers

Emerging Cohort Trends in Housing Debt and Home Equity

George Masnick, Zhu Xiao Di, Eric Belsky • January 1, 2005

W05-1: Several roles that housing plays in the household economics of homeowners have begun to fundamentally change during the past decade. Cohorts approaching…