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Housing Finance and Foreclosures

As the country grapples with a financial crisis and credit markets have tightened, issues of housing finance and foreclosures have moved to the forefront for policymakers, as well as for individual families and neighborhoods. Our research looks at the current and historic trends in mortgage lending, multi-family housing finance, the causes and consequences of foreclosure, and the effectiveness of foreclosure prevention programs.

Minimum parking requirements and housing affordability in New York City

Many cities throughout the United States require developers of new residential construction to provide a minimum number of accompanying off-street parking spaces. In this article, we explore the theoretical objections to minimum parking requirements and the limited empirical literature.