There are more than 5,000 airports in public use in the United States. Some are run by cities, while others are state-controlled. Zachary Mohr looks at what happens when a state tries to bring a city-run airport into its control. He writes that while states contend that authorities can run airports much more cheaply, the arguments do not always […]
After the Great Recession, not all neighborhoods and regions were equally resilient to booms and busts in the housing market. To explain differences in the resilience of housing markets, Kyungsoon Wang examined home value trajectories before and after the 2007 US housing crisis. She found that while financial mortgage programs helped recovery in the short term, more sustainable urban […]
American cities have to pay for a lot of things: police and other safety services, roads, infrastructure and public buildings. But they are also responsible for the pensions of former city employees. In new research, Evgenia Gorina finds that when cities have less stable revenues and a greater reliance on payments from their home state, their pension liabilities are […]
In new research, Elizabeth Korver-Glenn examines why racial residential segregation has become such a stubborn problem in America – and in some cases has actually gotten worse. Using ethnographic research of real estate agents, developers, lenders, and appraisers in Houston, Texas, she finds that their routines and policies often exclude people of color as prospective home buyers based on […]
Investment decisions are not made in a social vacuum: what we hear from friends affects how attractive we perceive an asset or product to be, write Theresa Kuchler and Johannes Stroebel.
People regularly interact with their family, friends, and colleagues, but the effects of such social interactions on economic and financial decision-making are not well understood. Do such interactions influence […]
In new research, Junia Howell looks at the role of neighborhoods in promoting social and economic success for the next generation. Comparing Germany and the United States, she finds that the US system of focusing on neighborhood-level provision – compared to Germany’s federally oriented model – means that American communities have a greater impact on their intergenerational mobility of […]
President Trump recently discussed the potential for infrastructure reform with Democratic leaders. One way such large projects can be paid for is via public-private partnerships. In new research, Stephanie Farmer and Chris D. Poulos examine the development of such partnerships in Chicago during the tenure of Mayor Rahm Emanuel. They find that through political campaign contributions and involvement in […]
Research from the past two decades has revealed that minority communities in urban centres are more likely to be exposed to pollution and poor environmental conditions in general. In new research Yushim Kim and Yongwan Chun used scores to measure pollution and environmental effects in Southern California. They find that Hispanic and Asian communities are more likely to be […]
In Shaping Cities in an Urban Age, editors Ricky Burdett and Philipp Rode offer a richly illustrated collection of essays that sheds light on the complex past and present forces driving urban change, based on rigorous research in cities of the Global North and South. The volume provides an insightful overview of the current and future dynamics that are shaping and will […]
How Black fraternities are actually harmful to Black culture in the US
How social media is changing the way people commit crimes and police fight them.
Why California is so expensive: It’s not just the weather, it’s the regulation
Primary Primers: Why Joe Biden’s polling lead for the Democratic nomination may be more tenuous than many believe
Jochem Kootstra reviews Scientists Under Surveillance: The FBI Files edited by JPat Brown et al 
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Financial innovation in mortgage products spurred the rapid increase in credit and house price growth during the last housing boom
Financial innovation in mortgage products spurred the rapid increase in credit and house price growth during the last housing boom
Ahead of the global financial crisis of 2007-08, house sales and prices boomed. In new research, Lindsay Relihan and coauthors examine whether this boom was the cause or result of the large increase in take-up of non-traditional mortgage products around the same time. Comparing house prices and the use of alternative mortgage products in housing markets across the US, […]