ences can be quite large, especially for housing. For example, according to 1990 Census data, the median housing price in New York is more than three times that of the median housing price in Cleveland.2 The question addressed in this paper is whether the common practice of ignoring local price variation in labor supply studies is as innocuous as has generally been assumed. In standard economic...

Is there a causal connection between house prices and labor force participation of married women? The simple correlation between house prices and married women’s labor force participation across U.S. metro areas is positive. Plausible, informal arguments have been advanced to support causation in either direction: prices raising participation (negative income effects of higher house prices lead...

For many years the urban renewal approach of Rotterdam, executed during the period 19751993, served as an example on the national and international level. With this approach a process of revitalization was initiated, which meant that the urban fabric and building supply had to adapt to changing conditions and accommodate new demands. Due to large financial and social investments in Rotterdam, a...

The growing awareness of housing problems Ten years ago it was possible, and even fashionable, for local officials and civic leaders in American cities to deny the existence of slums or other basic housing problems in their communities. Today the shortage of housing is known to every school child, and most cities possess both emergency and long-term machinery for housing betterment. The past de...

The inadequate supply of affordable housing for low-income families and the increasing spatial segregation of some households by income, race, ethnicity, or social class into unsafe neighborhoods are among the most prevalent community health concerns related to family housing. When affordable housing is not available to low-income households, family resources needed for food, medical or dental ...

Over the past year, there has been a very sharp rise in loan approvals for investors in housing, with the result that investors now account for over 40 per cent of all housing loans approved. This represents the continuation of a decade-long trend which has seen the share of investor loans in total housing loans more than double since the early 1990s (Graph 1). This strong growth in borrowing b...

The privatization of social housing transformed many transitional countries in Central and Eastern Europe into societies with predominant home ownership and a marginalized rental sector. The relevant question arising from the current housing situation in these countries is whether the current tenure structure is sustainable in the long run (Mandič, 2000). The answer is probably negative since t...

We show that deterioration in household balance sheets, or the housing net worth channel, played a significant role in the sharp decline in U.S. employment between 2007 and 2009. Counties with a larger decline in housing net worth experience a larger decline in non-tradable employment. This result is not driven by industry-specific supplyside shocks, exposure to the construction sector, policy-...