GalleryWhy house prices in some neighborhoods and regions have recovered better than others since the Great Recession
After the Great Recession, not all neighborhoods and regions were equally resilient to booms and busts in the housing market. To explain differences in the resilience of housing markets, Kyungsoon Wang examined home value trajectories before and after the 2007 US housing crisis. She found that while financial mortgage programs helped recovery in the short term, more sustainable urban […]
