August 13, 2008
Professor Chris Mayer's study quoted in the New York Times
In the article "In Their Various Ways, Economists Try To Find the Right Price for a Home" from August 8th, 2008, the author interviews a number of different economists, including Professor Chris Mayer, about housing market models. The author also asks the economists what these models imply for the correct price of housing, given the current credit crunch.
To see the full study, please visit: http://www4.gsb.columbia.edu/realestate/research/housing