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Housing Has Bounced Back, but Capitol Hill Holds the Key to a Sustained Recovery

thumbnail Housing demand in the U.S. is back, fueled by low interest rates and government subsidies. But a sustained recovery depends on legislative reforms to improve housing supply and encourage builders. Reforms will take time, but meanwhile investors have found new business niches in single-family home rentals and in buying distressed assets worldwide. Eventually, the American dream of home ownership will shore up the industry's fortunes, according to panelists at the Wharton Economic Summit 2013.
From: April 30, 2013

Zillow CEO Spencer Rascoff: Pulling Back the Veil on the Housing Market

thumbnail Online real estate marketplace Zillow has brought to home buying and selling what a previous generation of travel websites provided to shoppers wanting to compare the prices of hotels, rental cars and airline flights -- transparency. But finding data that is reliable across the board can be difficult, according to Zillow CEO Spencer Rascoff. And the key is not just simply to offer the information, Rascoff said during a recent conversation with Knowledge@Wharton and Wharton real estate professor Susan Wachter; it's about the level of accuracy gained from the various sub-models the company's software incorporates. (Video with transcript)
From: April 24, 2013

Real Estate with a Cause: Identifying Investments that Serve a Triple Bottom Line

thumbnail Real estate is already a complex industry, and it grows even more so when the investment is intended to satisfy the triple bottom line of being profitable, hospitable for those who work or live in the structure, and socially responsible. During a discussion at the recent Wharton Social Impact Conference, panelists from the industry discussed the challenges of crafting initiatives that serve all three masters without cutting corners.
From: December 19, 2012

Why the Housing Market Is Poised to Enter a 'Virtuous Cycle'

thumbnail By the less-demanding standards of the past few years, the latest housing figures, like many from recent months, look pretty good. Is this the start of the long-awaited and elusive housing recovery -- one that would bring a stronger economy overall? Or is the market just taunting us as it bumps along the bottom, perhaps only to plunge again? A new paper co-authored by Wharton real estate professor Susan Wachter suggests that, indeed, things are beginning to look up.
From: September 26, 2012

Phasing Out Fannie Mae and Freddie Mac: Is It Being Done Responsibly?

thumbnail As the federal government looks to phase out Fannie Mae and Freddie Mac, Denmark could provide a new model for home financing, argues Wharton emeritus finance professor Jack Guttentag in this op-ed.
From: August 31, 2012
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