Faculty Archive

Joseph Gyourko

Housing and Mortgage Markets May Have Recovered, but Risks Remain

Sep 11, 2018
Finance
North America

Reform of Fannie Mae and Freddie Mac, strong oversight and improved affordable housing supply are critical needs, say experts.

Why Millennials Are Delaying Home Buying More Than Ever

Nov 18, 2015
Finance
North America

Millennials are putting off buying homes due to rising student loan levels, their desire to live in high-rent urban centers and their tendency to delay marriage. But experts say the[…]

Why Sub-prime Lenders Didn’t Cause the Housing Crash

Sep 17, 2015
Finance
North America

After the housing bubble burst, people were quick to lay blame on sub-prime lenders and borrowers. New research casts doubt on that premise.

Renewed Caution Takes the Air Out of China’s Land Price Market

Nov 21, 2014
Finance
Asia-Pacific, China
video mic

New indices of housing land prices in China show that the market has in some cases regressed to where it was five years ago, Wharton's Joseph Gyourko says.

The Role of Contagion in the Housing Boom (and Bust)

Aug 26, 2014
Finance
North America

The housing boom of the mid 2000s spread from one neighboring locale to another in the U.S. Local fundamentals have only a limited ability to account for contagion, suggesting that[…]

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