Do Homebuyers’ Expectations Align with Reality?
People’s predictions of long-term home price growth were wildly optimistic in the early 2000s but have become more cautious since the Great Recession, according to a study co-authored by Robert Shiller of Yale SOM.
Study: Rising Seas Aren’t Causing Coastal Property Values to Decline
Climate change is causing sea levels to rise, threatening expensive waterfront properties. But according to a new study co-authored by Yale SOM’s Matthew Spiegel, prices are not falling in the areas most likely to be affected.
Single Women Get Lower Returns from Housing Investments
A new study from Yale SOM’s Kelly Shue and Paul Goldsmith-Pinkham finds that single women who buy and sell real estate lose out on an average of $1,600 per year.
The Housing Boom Is Already Gigantic. How Long Can It Last?
The best explanation for why prices go up, Yale's Robert Shiller writes, may be that we expect them to—until we don’t.
Can a Place Built on Global Banking Survive Britain’s Retreat from Europe?
Professor William Goetzmann discusses the uncertainty facing the financial hub at Canary Wharf as Britain moves steadily toward its divorce from the European Union.
Are Real Estate Cycles Over?
A real estate boom can drive the construction of new homes, commercial centers, and skyscrapers, reshaping cities. The following bust can leave neighborhoods vacant. Have factors like the increasing availability of public information about real estate and the shift toward a global marketplace tamed a cycle that has played out repeatedly over the centuries?