The Center for Real Estate and Urban Economic Studies was established in 1965 by the Connecticut General Assembly for the purpose of providing professional and practical assessment of real estate issues in Connecticut, the region, and the nation. Through education, research, and outreach efforts, current issues and future concerns in real estate are identified and analyzed. The Center serves as a resource to government and business and, at the same time, trains highly skilled individuals for all segments of the industry work force. The Center for Real Estate and Urban Economic Studies is dedicated to continuing its role as the leader in real estate education, research, and service.
Quick Links
Prof. Clapp featured on WNPR, "Where We Live," hosted by John Dankosky
On Tuesday, September 29, Professor Clapp was on National Public Radio. The panel discussed Connecticut housing and the first time home buyer credit. For a link to the program, go to: http://www.cpbn.org/program/where-we-live/episode/real-estate-or-down.
Foreclosure Contagion
Home foreclosures are devastating to the families directly involved and also have negative ripple effects that spread throughout the community. Measuring and understanding these negative externalities is an important part of developing good public policy to address the foreclosure crisis. A recent research paper written by John Harding of the Center for Real Estate and Urban Economic Studies at the University of Connecticut and Eric Rosenblatt and Vincent Yao of Fannie Mae contributes to the debate by quantifying the contagion effect and estimating the range of its influence.
Click here to view the NY Times Article.
Click here to view speech by Governor Elizabeth Duke (Federal Reserve) that also refers to the work.