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Is Affordable Housing Moving Mobile? Analyzing the Impact of COVID-19 on Demand for Manufactured Housing
by Jair Coleridge Soman Alleyne Abstract As demand for affordable housing continues to increase in America, manufactured homes provide a private solution to this problem. Research has shown that manufactured home prices are largely dependent on the price of local housing substitutes as well as other geographic hedonic factors. This paper looks at the impact […]
Manufactured Housing Securitization
By Renan Cunha Through prices of manufactured homes rose in the 2000’s, demand fell dramatically because of the boom in the stick-built housing market. One of the stated goals of securitization is to increase the supply of credit and decrease the cost of lending to make borrowing accessible to more homeowners. This paper will study […]
Trailer Park Economics
By Caitlin Gorback In this paper, we explore the various reasons behind the development of the American institution of trailer parks. The first two models arise in equilibrium, the last two respond to housing shocks. Models include “Bad Tenants” in which tenants and landowners contract to protect against bad neighbors, a basic “Capital Constraints model […]
