Housing Lifts Economic Development (and Not the Other Way Around!)

appliedwonder Housing & the Economy

In early September, USC’s Lusk Center for Real Estate, in partnership with the Way Forward Housing Coalition, put on an in-person Washington, DC conference “Housing’s Contribution to Economic Development.” Featuring many of my professional friends and colleagues as speakers, the conference sought ‘to reframe the narrative’ because, to quote the conference organizers: Within the world of macroeconomics and development policy, housing has …

Housing’s Contribution to Economic Development: Reframing the Narrative

appliedwonder Housing & the Economy

On September 7-8, 2022, in Bethesda MD: The Way Forward Housing Coalition organized a conference to review the economic and social benefits of well-functioning housing markets, and how to chart a better path forward  in emerging markets and developing countries (EMDCs).  I was pleased to help the organizing committee flesh out the program, and honored to give the wrap-up presentation …

Comparing housing affordability in different African countries using purchasing power parity dollars

appliedwonder Housing & the Economy

A market price reflects the interplay between demand for the product concerned and its supply. The housing market is no different. Changes in the price of accommodation in a particular country can be due to any number of developments on either (or both) the demand or supply sides of the housing market. Tracking these prices using the currency of the …

Achieving an Equitable COVID-19 Recovery Through Safe Housing: Why it’s Time for Financial Institutions to Step Up

appliedwonder Housing & the Economy

Mrs. Vee is a micro-entrepreneur who makes her living collecting trash in Hanoi. Since the pandemic began, a large part of the waste she collects has been used personal protective equipment. Miriam is a laboratory technician in a district laboratory in Uganda. She has been engaged in testing samples for COVID-19 since the virus struck. Juan is a bus driver …