Issues

Housing

Publications

By / 4.12.2017

The election of Donald Trump to the presidency in 2016 has made policymakers and politicians in the U.S. much more aware of an important demographic group – the white working class – than before. We have ignored their plight and their concerns for far too long, and have grown much too complacent about the extent […]

By / 12.13.2016

Economists often apply the term “opportunity costs” to high and middle-income people, meaning that the time they spend on one task is time not available to perform other, potentially more valuable tasks. But social scientists rarely apply the concept to low-income people, acting as if their time is essentially worthless. Sort of like the spouse […]

By / 3.15.2016

As Americans choose a new president in 2016, populist anger dominates the campaign. To hear Donald Trump or Senator Bernie Sanders tell it, America is either a global doormat or a sham democracy controlled by the “one percent.” These dark narratives are caricatures, but they do stem from a real dilemma: America is stuck in […]

Press

Simplicity is one of Bernie Sanders’ great strengths: Corporations and the rich have rigged the economy. His solutions sound simple, even when the plans behind them are complicated: college for all, health care for all, tax the rich, break up big banks. He trails Hillary Clinton in presidential delegates to this point, and he remains […]

In USA Today, Sam Zuckerman discusses the explosion of tech jobs and their impact on urban areas. While Zukerman notes the ability of tech jobs to bring economic growth to cities, he also highlights the negatives that come with the tech economy, primarily the increasingly high cost of housing that forces long-term resdients to move […]

Writing for Triangle Business Journal, Sarah Chaney quotes PPI Economist Diana Carew on North Carolina’s higher rate of homeownership among Millennials.  As the article describes, North Carolina has created an attractive economic climate, drawing in more first-time home owners than other states. According to Carew, this is a trend that will continue in North Carolina […]

Blog

By / 3.12.2014

The housing sector is one of the pillars of the U.S. economy. That’s why we have marveled at the many partisan and radical proposals to reform the federal housing finance system that would have trashed both what’s good and what’s bad with the current system. PPI continues to maintain that any reform proposal must stabilize […]

By / 8.9.2013

On Thursday, Zillow released its quarterly Home Price Expectations Survey showing forecasters expect the website’s Home Value Index to end 2013 with prices up 6.7%. The numbers surveyed from 106 real estate experts across the country (I am a panel member), showed a significant jump from the 5.4% reported by the survey last quarter. While […]

By / 5.29.2013

As the New York Times reported yesterday, the housing market is recovering, consumer confidence is at a five-year high and the market is in the midst of a strong recovery– The housing market is enjoying sustained momentum alongside record highs in the stock market, and is leading the broader recovery. Fannie Mae and Freddie Mac […]