The Future of Housing Finance Reform

Date: 
Wednesday, May 7, 2014 - 8:30am - 11:30am
Location: 
Gleacher Center room 306
Contact info (email or phone): 

Joseph Burton, jburton@uchicago.edu, 773-702-3142

Please join us as Chicago faculty Amir Sufi and Benjamin Keys address their empirical results on how the housing boom and foreclosure crisis happened, and how we can ensure they will not happen again. With focus on Chicago's housing market, Professor Sufi will discuss the lessons of the housing boom and bust, including the dangers of subsidizing household debt. Professor Keys uses his analysis of housing price data to argue that rather than being the cause of the run-up in home prices, non-traditional financing arrangements were used by consumers to afford housing that was already rapidly becoming more expensive. 

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