Working Papers

The Lusk Center for Real Estate publishes papers on a wide-ranging set of topics including real estate finance and investments, land use, transportation, urban growth and regulation, asset pricing, and the line. These papers reflect real estate research undertaken by faculty in the Marshall School of Business, Price School of Public Policy and the Law School. Papers are available electronically below. For hard copies, contact Nina Tibayan.

For additional information, please see the Frequently Asked Questions page.

Year Title Author(s)
2022 Liquidity Transformation Risks and Stabilization Tools: Evidence from Open-end Private Equity Real Estate Funds

Spencer Couts

 Download(1.12 MB)
2022 Mortgage Servicing Fees and Servicer Incentives During Loss Mitigation

Moussa Diop, Chen Zheng

 Download(1.2 MB)
2021 India’s housing vacancy paradox: How rent control and weak contract enforcement produce unoccupied units and a housing shortage at the same time

Sahil Gandhi, Richard K. Green, Shaonlee Patranabis

 Download(2.69 MB)
2021 Distant Shocks, Migration, and Housing Supply in India

Arnab Dutta, Sahil Gandhi, Richard K. Green

 Download(1.04 MB)
2021 Are Move-in Ready Properties More Expensive?

Arnab Dutta, Richard K. Green, Venky Panchapagesan, Madalasa Venkataraman

 Download(534 KB)
2021 Is housing still the business cycle? Perhaps not

Richard K. Green

 Download(848 KB)
2021 Los Angeles’ Housing Crisis and Local Planning Responses: An Evaluation of Inclusionary Zoning and the Transit Oriented Communities Plan as Policy Solutions in Los Angeles

Linna Zhu, Evgeny Burinskiy, Jorge De la Roca, Richard K. Green, Marlon G. Boarnet

 Download(761.43 KB)
2020 Unsmoothing Returns of Illiquid Funds

Spencer J. Couts, Andrei S. Goncalves, Andrea Rossi

 Download(2.08 MB)
2020 Private Real Estate Returns, Style Drift, and Procyclical Risk Taking

Spencer J. Couts

 Download(344.28 KB)
2020 Breaking Down Silos to Improve the Health of Older Adults: The Case for Medicare to Cover Home Safety Renovations

Richard K. Green, Patricia F. Harris, Anthony W. Orlando

 Download(302.57 KB)
2020 Housing Wealth as Precautionary Saving: Evidence from Urban China

Gary Painter, Xi Yang, Ninghua Zhong

 Download(567.17 KB)
2020 The Mortgage Market as a Stimulus Channel in the Covid-19 Crisis

Edward Golding, Laurie Goodman, Richard Green, Susan Wachter

 Download(1020.06 KB)
2019 Stale Prices, Fragility, and Detrimental Cash:Evidence from Private Real Estate Funds

Spencer J. Couts

 Download(688.58 KB)
2018 Estimating the Gains from New Rail Transit Investment: A Machine Learning Tree Approach

Seungwoo Chin, Matthew E. Kahn, Hyungsik Roger Moon

 Download(1.22 MB)
2018 Information Asymmetry, Regulations and Equilibrium Outcomes: Theory and Evidence from the Housing Rental Market

Brent W. Ambrose and Moussa Diop

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2018 The Emerging Face of Suburban India: The Geography of Residential Property Markets

Jefferey Sellers, Haoshi Wang

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2018 Wage Trickle Down vs. Rent Trickle Down: How does increase in college graduates affect wages and rents?

Jung Hyun Choi, Richard K. Green, Eul Noh

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2018 Property regularization and micro-entrepreneurship in the age of home sharing: A case study of rental markets in Havana

Raúl Santiago-Bartolomei

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2018 The Price of Crowding: Modeling the Rental Market for Overcrowded Housing in Shanghai

Julia G. Harten and Annette M. Kim

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2017 Household Credit and Local Economic Uncertainty

Marco Di Maggio, Amir Kermani, Rodney Ramcharan and Edison Yu

 Download(1.52 MB)