December 15, 2016
- A report titled, Projections and Implications for Housing a Growing Population, discusses how by 2035, more than one in five people in the US will be aged 65 and older and one in three households will be headed by someone in that age group. This growth will increase the demand for affordable, accessible housing that is well connected to services far beyond what current supply can meet.
- Following the rise and fall in the homeownership rate over the past two decades, considerable uncertainty exists about the homeownership rate’s future trajectory. In a new working paper, the author presents three plausible scenarios and examine the implications of different homeownership rate outcomes for future growth in the number of homeowner and renter households.
- This paper, titled Monetary Policy and Regional House-Price Appreciation, examines the link between monetary policy and house-price appreciation by exploiting the fact that monetary policy is set at the national level, but has different effects on state-level activity in the United States. This differential impact of monetary policy provides an exogenous source of variation that can be used to assess the effect of monetary policy on state-level housing prices.