When wealthy new residents move into lower-income neighborhoods, they often renovate homes and open upscale businesses. This drives up property values, property taxes, and rent. This chain of events may force current lower-income residents to move out. Gentrif... More »
New research explores the complex relationship between housing prices and consumer spending. The magnitude of this relationship can vary considerably over time and across households. More »
Political scientist Robin Phinney explores why some low-income families decide to move while others do not. More »
White flight to the suburbs was a leading cause of rising black homeownership in the mid-20th century, according to new research. More »
Low-income homeowners get some satisfaction. More »
High gas prices popped the housing bubble. More »