Real Estate Ideas at Work Articles
January 25, 2006
Where Are House Prices Headed?
Chris Mayer talks about housing market fundamentals, the U.S. housing boom and the surprising results of his recent study of U.S. house prices.
June 15, 2005
Seller loss aversion
Noting that seller behavior doesn't always conform to standard economic theory, Chris Mayer explains why housing markets tend to function poorly in a down economy.
June 15, 2005
Agency conflicts and investment timing
If the owner of a piece of land hires a developer to construct a building, the project's timing may hinge on the developer's own motives. How can the owner design a contract that aligns the interests of both parties?