Economic Distress and Voting: Evidence From the Subprime Mortgage Crisis

Economic Distress and Voting: Evidence From the Subprime Mortgage Crisis Abstract Roughly 7 million Americans lost homes to foreclosure during the Great Recession. Despite claims that the subprime mortgage crisis helped fuel recent political turmoil in the U.S., we lack systematic empirical evidence about the effects of this unprecedented spike in home foreclosures on American … Read more

U.S. Home Flipping Increases In 2016 To A 10-Year High

U.S. Home Flipping Increases 3 Percent In 2016 To A 10-Year High This should turn out well… IRVINE, Calif. – March 9, 2017 — ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its 2016 Year-End U.S. Home Flipping Report, which shows that 193,009 single family homes and condos were flipped … Read more

New York City Rents Collapsing for Every Apartment Size Over Too Much Inventory

New York City Rents Collapsing for Every Apartment Size Over Too Much Inventory Landlords offer concessions on 26% of all new leases Studios have their biggest rent drop since at least 2012 Rents fell last month for Manhattan apartments of all sizes, the first across-the-board price decline in at least four years, as a construction … Read more