Are First-Time Buyers Left Out of Real Estate’s Rebound?

Real estate is again on the move in the United States. Nicolas P. Retsinas examines the impact on home buyers, renters, and policymakers. Closed for comment; 2 Comments posted.

Affordable Housing: Israel and the United States

At a recent conference in Herzliya, Israel, Nicolas P. Retsinas, John H. Vogel, and Charles S. Laven joined residential developers, non-profits, national and local government officials, and academics to brainstorm approaches to affordable rental housing. Open for comment; 1 Comment posted.

Once a Castle, Home is Now a Debtors’ Prison

Forget the notion of the home as "castle." Twenty-two percent of Americans owe more on their mortgages than the value of their homes. Nicolas P. Retsinas offers ideas for how these "debtors' prisons" can be turned into productive housing. Closed for comment; 10 Comments posted.

Keeping Credit Flowing to Consumers in Need

Regulators and policymakers are debating the best ways to revamp our damaged system of consumer and housing finance. The problem: turning the regulatory spigot too tightly could shut off the flow of needed credit to millions of lower-income Americans. A discussion with professor Nicolas P. Retsinas. Open for comment; 4 Comments posted.

Credit is Not the Bogey

"As we attempt to jump-start the economy of 2009, we should recognize both the risks and the advantages inherent in a robust credit industry," write HBS lecturer Nicolas P. Retsinas and Eric S. Belsky. The director and executive director, respectively, of Harvard University's Joint Center for Housing Studies, they offer a prescription for making credit neither too easy nor too hard to get. Read More

Financial Crisis Caution Urged by Faculty Panel

Dean Jay O. Light and a group of Harvard Business School faculty explored the origins and possible outcomes of the U.S. financial crisis at a recent "Turmoil on the Street" panel. Read More

Podcast: Revisiting Rental Housing

The subprime loan debacle, which has caused thousands of families to lose their homes, has cast light on another housing crisis in the U.S.: the lack of affordable rentals. In this podcast Harvard Business School professor Nicholas Retsinas discusses how this situation came to be, and his new book, Revisiting Rental Housing. Read More

A House Divided: Investment or Shelter?

For decades Americans viewed their homes as a safe harbor, a place to put down roots. But the last decade saw the rise of housing as an investment opportunity. What comes next? asks Harvard Business School professor Nicolas P. Retsinas, director of Harvard's Joint Center for Housing Studies. Read More

Building Sandcastles: The Subprime Adventure

The early days of the subprime industry seemed to fulfill a market need—and millions of renters became homeowners as a result. But rapidly escalating home prices masked cracks in the subprime foundation. HBS professor Nicolas P. Retsinas, who is also director of Harvard University's Joint Center for Housing Studies, lays out what went wrong and why. Read More