Low-Income Housing Supply and Housing Affordability
Conference on:
Low Income Housing Supply and Housing Affordability
Jointly Organized by ESCP Business School, Tel Aviv University, and UCLA
Tel Aviv University Campus | June 14-15 2022
Tuesday, June 14 2022
8:30 A.M. Light Breakfast
9:00 A.M. Session One: Homelessness and Rent Affordability
Chair: Steve Oliner, American Enterprise Institute
The Welfare Effects of Eviction and Homelessness Policies
Boaz Abramson, Stanford University
Discussant: Elior Cohen, Federal Reserve Bank of Kansa City
Tenant Rights, Eviction, and Rent Affordability
Thao Le, Georgia State University (with Ed Coulson and Lily Shen)
Discussant: Richard Green, University of Southern California
10:30 A.M. Coffee Break
11:00 A.M. Session Two: Effect of Real Estate Taxation
Chair: Jaime Luque, ESCP Business School
To Own or to Rent? The Effects of Transaction Taxes on Housing Markets
Lu Han, University of Wisconsin at Madison (with Rachel Ngai and Kevin Sheedy)
Discussant: Tamar Ramot-Nyska, Bank of Israel
Real Estate Investors, House Prices, and Rents: Evidence from Capital-Gains Tax Changes
Eran Hoffmann, The Hebrew University of Jerusalem (with Itai Ater and Yael Elster)
Discussant: Tsur Somerville, University of British Columbia
12:30 P.M. Coffee Break
12:45 P.M. Session Two (Continue)
Transaction Taxes and Housing Market Dynamics: New Evidence from a Quasi-Natural Experiment
Stanimira Milcheva, University College London (with Yunlong Huang)
Discussant: Itai Ater, Tel Aviv University
1:30 P.M. Lunch
Guest Lecture: Dan Ben-David, Tel Aviv University
Israel at a Crossroads: The View from 30,000 Feet
2:45 P.M. Session Three: Household Finance, Inequality, and Race
Chair: Danny Ben-Shahar, Tel Aviv University
Does Appraiser and Borrower Race Affect Valuation?
Luis A. Lopez, University of Illinois at Chicago (with Brent Ambrose, James Conklin, Edward Coulson, and Moussa Diop)
Discussant: Raven Molloy, Board of Governors of the Federal Reserve System
Inattentive Households, Mortgage Redistribution, and Inequality
Konstantin Milbradt, Northwestern University (with David Berger, Fabrice Tourre, and Joe Vavra)
Discussant: Morris Davis, Rutgers University
4:15 P.M. End of day 1
Wednesday, June 15 2022
8:30 A.M. Light Breakfast
9:00 A.M. Session Four: Rental Housing Markets
Chair: Joao Cocco, London Business School
The Effect of Short-Term Rentals on Residential Investments
Edward Kung, California State University (with Ron Bekkerman and Maxime Cohen)
Discussant: Nitzan Tzur-Ilan, Federal Reserve Bank of Dallas
Robbing Peter to Pay Paul? The Redistribution of Wealth Caused by Rent Control
Marco Giacoletti, University of Southern California (with Kenneth Ahern)
Discussant: Isaac Hacamo, Indiana University
10:30 A.M. Coffee Break
11:00 A.M. Session Five: Housing Supply and Homeownership
Chair: Stuart Gabriel, University of California at Los Angeles
Stochastic Frontier Estimation of Housing Supply
David Genesove, The Hebrew University of Jerusalem (with Dan Ben-Moshe)
Discussant: Joe Tracy, Federal Reserve Bank of Dallas
Secondary Housing Supply
Andreas Mense, University Erlangen-Nuremberg
Discussant: Yongheng Deng, University of Wisconsin – Madison
12:30 P.M. Coffee Break
12:45 P.M. Session Five (Continue)
The Housing Market Impact of Immigrant Preferences for Homeownership
Gregor Schubert, University of California at Los Angeles (with Caitlin Gorback)
Discussant: Jorge de la Roca, University of Southern California
1:30 P.M. Lunch
2:45 P.M. End of Day 2