Soaring home prices, rising costs for homeowners and renters, and a new social housing movement: In case you missed them, our top blogs of this year examined persistent housing challenges in the US and opportunities for reforms. www.jchs.harvard.edu/blog/our-top...

Happy #MapMonday! Rural home prices soared after the pandemic, by 36% in non-metro counties and fully 47% in vacation counties from 2020–2023, per new work from my @harvard-jchs.bsky.social colleagues @aherm.bsky.social & @pjwhit.bsky.social. www.jchs.harvard.edu/blog/home-pr...

As a result, home values rose by 47 percent across rural vacation areas. And vacation counties in the West and Northeast saw prices rise even faster, by 51 percent apiece, as these regions hold many of the country’s rural mountain and beach communities.

So happy to see this new paper with my colleague @aherm.bsky.social out there! We examine pandemic-era rural home price trends, finding that home prices grew rapidly across rural counties but appreciated fastest in vacation areas. In the paper we explore what was behind this phenomenon. 🧵

What's striking is that vacation counties in every region had stronger price growth than other counties, driven entirely by pandemic demand.

Excited to release our new paper today with my colleague @pjwhit.bsky.social. We examine what types of rural areas had the fastest home price appreciation in the pandemic era. 🧵 www.jchs.harvard.edu/blog/home-pr...

Excited to release our new paper today with my colleague @pjwhit.bsky.social. We examine what types of rural areas had the fastest home price appreciation in the pandemic era. 🧵 www.jchs.harvard.edu/blog/home-pr...

A new paper finds that home prices in rural areas increased 36.1% between 2020-2023, but in counties with a high share of vacation and second homes, prices rose even faster at 46.8%. @aherm.bsky.social @pjwhit.bsky.social www.jchs.harvard.edu/blog/home-pr...

I am shocked -- shocked! -- to learn that housing prices fell the most in metros where inventory of homes increased by a lot. via @harvard-jchs.bsky.social www.jchs.harvard.edu/blog/home-pr...

so are Taylor and Travis going to make their first appearance as an engaged couple at the Nebraska-Cincinnati game at Arrowhead tomorrow

Big day today. We’ll find out that Michigan, champions of the 2023 NCAA football season, are indeed still champions of the 2023 NCAA football season

Pure Michigan ™

I have obtained a leaked copy of the NCAA Report which, after a thorough investigation, has concluded that Michigan football is "extremely annoying."

High home prices & interest rates have pushed sales to a 30-year low; insurance and property taxes are soaring; high rents have left record numbers with cost burdens; and wildfires have highlighted the dangers of climate disasters. New report, livestream @ 2pm ET: mailchi.mp/harvard/son-...

Gen Z represents 47% of recent US renters and as of 2023, there were 9.1 million Gen Z renter households, says @aherm.bsky.social. And they are opting for a new urban way of life: hunkering down in amenity-rich, high-design rental complexes that offer instant community. www.wsj.com/real-estate/...

Here it is!! Just $9.99 plus tax. Also you get a little pizza cutter.

Tremendous piece. There are many valid critiques of American consumerism, but it's important to think of the ways it's defined us culturally and the benefits/detriments that come along with it. Should really have a positive plan when messing with the "bargain" described here.

This Wednesday, April 2: What is the impact of investor ownership of single-family rental homes? Our @aherm.bsky.social joins a @bpc-bipartisan.bsky.social conversation about the state of the single-family rental market, opportunities, and challenges. bipartisanpolicy.org/event/instit...

I have an essay in this week’s @bloomberg.com Weekend Edition about ticket stubs and memory and how the ways we catalog our own pasts have been changed by the internet. I’m really proud of it and I hope you’ll read it. Gift link: www.bloomberg.com/news/article...

A first-ever analysis of fire death rates in modern four-to-six-story buildings with only one stairway shows that residents are not at greater risk, and such buildings could provide much-needed housing. @pewtrusts.org www.pewtrusts.org/en/research-...

Median age of homebuyers just hit a new record high of 56 (Via Torsten Slok)

I love it when there’s research on something in housing that I hadn’t really thought about before. Seems so obvious once someone says it out loud.

Haven't seen much, if any work, examining who non-cash renters are. Was surprised by what we found so decided to blog about it!

At last the two main immigration estimates have aligned. New CBO estimates for 2024 very close to Census estimates for year-to-mid-2024.

Should update this, but markets in the Northeast and Midwest continue to face the largest inventory challenges. From a blog on the interplay between the existing and new home market: www.jchs.harvard.edu/blog/existin... www.jchs.harvard.edu/sites/defaul...

Yes, this. But also for even modest levels of fame.

Michigan follows up on their national championship by ending the season with victories over Ohio State and Alabama, presumably to repeat as national champions but I'm not checking

1. a record number of renter households (22.6 million) spend more than 30 percent of their incomes on rent and utilities each month. that includes 12.1 million who spend more than half of their incomes on housing, which is also a record high

The number of cost-burdened renters has hit yet another record high, and affordability has worsened up and down the income scale, leaving low-income households with less than ever before. @airbrycki.bsky.social @aherm.bsky.social @sophiawedeen.bsky.social. www.jchs.harvard.edu/blog/renters...

Read the full paper written by @airbrycki.bsky.social @aherm.bsky.social @dmccue.bsky.social @samarascheckler.bsky.social www.jchs.harvard.edu/research-are...

An all-time high 42.9 million households were cost burdened last year (spent over 30% of their income on housing), and an additional 850,000 households had burdens, continuing a trend of deteriorating affordability. @aherm.bsky.social @airbrycki.bsky.social www.jchs.harvard.edu/blog/housing...

Bringing back @edsbs.bsky.social's words for Ohio State back in 2022 that could essentially be copied and pasted into 2024 @shutdownfullcast.bsky.social youtube.com/shorts/RJAAT...

Reminder: it is your civic duty to like all of my posts 🫡 🇺🇸

Working from home has allowed some families to move to less expensive areas, but has caused home prices to rise. "They rose especially rapidly in more rural areas, in smaller markets, and in lower density counties of large metro areas," says @aherm.bsky.social. www.marketplace.org/2024/11/22/w...

The best part of the Aaron Rodgers/Jets story is that he got injured, and nothing good happened, and then he got healthy and nothing good happened then either

Starting this list … please respond if you work on US national #housing policy issues too and I will add you! 🙏💙 go.bsky.app/5Xzj7gr

A couple things finally convinced me to make the move over here. Reading Charlie’s piece was number one.