In the article "In Their Various Ways, Economists Try To Find the Right Price for a Home" from August 8th, 2008, the author interviews a number of different economists, including Professor Chris Mayer, about housing market models. The author also asks the economists what these models imply for the correct price of housing, given the current credit crunch.
Mentioned Faculty
Christopher Mayer
Christopher Mayer is the Paul Milstein Professor of Real Estate at Columbia Business School. His research explores a variety of topics in real estate and financial markets, including housing cycles, mortgage markets, debt securitization, and commercial real estate valuation. Dr. Mayer is also CEO of Longbridge Financial, an innovative reverse mortgage company focused on delivering responsible home equity products to older Americans to help finance retirement.