SI 2023 Real Estate
Organized by Tomasz Piskorski and Maisy Wong
July 26-27, 2023
Serrano Ballroom, 25 Edwin H. Land Blvd., Cambridge, MA and zoom.us

Wednesday, July 26

8:30 am

Coffee and Pastries

9:00 am

Work From Home and the Office Real Estate Apocalypse

Arpit Gupta, New York University
Vrinda Mittal, University of North Carolina Chapel Hill
Stijn Van Nieuwerburgh, Columbia University and NBER

Discussant:
Morris Davis, Rutgers University

9:50 am

Real Effects of Rollover Risk: Evidence from Hotels in Crisis

Anthony A. DeFusco, University of Wisconsin - Madison and NBER
Charles G. Nathanson, Michigan State University
Michael Reher, University of California, San Diego

Discussant:
Todd M. Sinai, University of Pennsylvania and NBER

10:40 am

Break

11:00 am

Coordinated vs Efficient Prices: The Impact of Algorithmic Pricing on Multifamily Rental Markets

Sophie Calder-Wang, University of Pennsylvania
Gi Heung Kim, Boston College

Discussant:
Greg Buchak, Stanford University and NBER

11:50 am

Lunch

1:00 pm

Mortgage Lock-In, Mobility, and Labor Reallocation

Julia Fonseca, University of Illinois Urbana-Champaign
Lu Liu, University of Pennsylvania

Discussant:
Christopher Palmer, Massachusetts Institute of Technology and NBER

1:50 pm

To Own or to Rent? The Effects of Transaction Taxes on Housing Markets

Lu Han, University of Wisconsin - Madison
L. Rachel Ngai, London School of Economics and Political Science (LSE)
Kevin Sheedy, London School of Economics and Political Science (LSE)

Discussant:
Adam Guren, Boston University and NBER

2:40 pm

Break

Short Presentations on Homeownership

3:00 pm

Dynastic Home Equity (slides)

Matteo Benetton, University of California, Berkeley
Marianna Kudlyak, Federal Reserve Bank of San Francisco
John A. Mondragon, Federal Reserve Bank of San Francisco

3:20 pm

Taxing Homeowners Who Won't Borrow

Francis Wong, Ludwig-Maximilians-Universität Munich

3:40 pm

The Impact of Cultural Preferences on Homeownership

Caitlin S. Gorback, University of Texas at Austin
Gregor Schubert, University of California, Los Angeles

4:00 pm

Break

Short Presentations on Gentrification

4:20 pm

Property Tax Sales, Private Capital, and Gentrification in the U.S. (slides)

Cameron LaPoint, Yale University

4:40 pm

Identifying Agglomeration Spillovers: Evidence from Grocery Store Openings

Franklin Qian, UNC Kenan - Flagler Business School
Qianyang Zhang, Columbia University
Xiang Zhang, Princeton University

The livestream will stop before the final paper

5:00 pm

Is Online Retail Killing Coffee Shops? Estimating the Winners and Losers of Online Retail using Customer Transaction Microdata

Lindsay E. Relihan, Purdue University

5:20 pm

Adjourn

6:30 pm

Group Dinner

Thursday, July 27

8:00 am

Coffee and Pastries

Morning joint with Urban Economics
Livestream will start with the 10:20 paper

Short Presentations from Job Market Papers

8:20 am

The Emergence of Exclusionary Zoning Across American Cities (slides)

Tianfang Cui, New York University

8:40 am

Racial Segmentation in the US Housing Market

Brian Higgins, Stockholm University

9:00 am

Option Value and Storefront Vacancy in New York City

Erica Moszkowski, University of British Columbia
Daniel Stackman, New York University

9:20 am

Break

9:30 am

The Impact of Right to Counsel on Rental Markets

Robert Collinson, University of Notre Dame and NBER
John Eric Humphries, Yale University and NBER
Stephanie Kestelman, Harvard University
Scott T. Nelson, University of Chicago
Winnie van Dijk, Yale University and NBER
Daniel C. Waldinger, New York University and NBER

Discussant:
Timothy McQuade, University of California, Berkeley and NBER

10:20 am

Local Effects of Bypassing Zoning Regulations in High-Income Areas

Hector Blanco Fernandez, Rutgers University
Noémie Sportiche, Harvard University

Discussant:
Joseph Gyourko, University of Pennsylvania and NBER

11:10 am

Break

11:30 am

Long Shadow of Housing Discrimination: Evidence from Racial Covenants

Aradhya Sood, University of Toronto
Kevin Ehrman-Solberg, University of Minnesota

Discussant:
Robert A. Margo, Boston University and NBER

12:20 pm

Lunch and Adjourn