Print and Other Media

  • Los Angeles Times, February 27, 2009, Obama Housing Fix Too Timid?
    "I don't think that raising the cost of credit in a recession and during a credit crunch is good policy."
  • The Economist, October 23, 2008 A Helping Hand to Homeowners "Another former CEA chairman, Glenn Hubbard, along with his Columbia University colleague, Chris Mayer, take a more radical approach. House prices could collapse, they reckon, because the downward pressure from foreclosures is made far worse by the scarcity and expense of home loans.
  •, July 21, 2008, Bush Failures May Force McCain, Obama to Make Like FDR in 2009

  • USA Today, July 13, 2008, "Why the crisis of confidence at Freddie Mac and Fannie Mae?"
    "I think there is going to have to be some government intervention with Fannie and Freddie, I don't see how we could avoid that... If you are trying to get a new mortgage or if you are trying to sell your house and your buyer needs to get a mortgage, mortgages are likely to get considerably more expensive."

  • House Repos Blog, June 16, 2008, "Interest Rate Cuts Fail to Check Foreclosures"
    "... rate shocks can no longer be held responsible for defaults and foreclosures."

  • Washington Post, June 6, 2008, "Despite Interest Rate Cuts, Forclosures Hit Record High"
    "So we're not going to see rate shocks causing defaults... The recent increases have been coming from the safer group of borrowers. They are the next shoe to come down."

  • Time Out New York, April 2008,"No Good Buys"
    “If you can’t get a mortgage, it’s neither a buyer’s or a seller’s market, it’s just a crummy market”

  • The Economist, February 28, 2008, "Searching for Plan B"
    [.. some $750 billion of annual mortgage lending has dried up as the securitisation of subprime and jumbo loans has collapsed. Changing bankruptcy rules would make matters worse by raising the cost and reducing the supply of mortgage credit.]

  • San Francisco Chronicle, February 28, 2008, "Builders battle Congress"
    "... I think the home builders are being overly optimistic to believe that such a tax credit would have much of an effect this time around.  The credit crunch and lack of mortgage credit now is too big an issue."

  • Money Magazine, December 2, 2007, "Real Estate: Last of the Red-Hot Markets"

  • Fortune, November 7, 2007, "Real Estate: Buy, Sell or Hold?"

  • The Financial Times, September 1, 2007, "Aggressive Fed Action on House Prices Foreseen"

  • Forbes, August 16, 2007, "Stepping Off the Southbound REITS"

  • Money Magazine, July 9, 2007, "8 Forecasts for your Financial Future: The Future of Real Estate"

  • The Financial Times Limited, May 20, 2007, "The Myth of Superstar Cities"

  • Business Week Online, April 2, 2007, "The Richest Zip Codes and How They Got That Way"

  • Chicago Sun Times, August 27, 2006
    "Slowing Home Market Propels Auctions Into Fast Track"

    "...buyers think one thing: big discount."

  • The Seattle Times, July 30, 2006, "Condos Appreciate Strongly; Studios Lead"
    "...many young households don't view single-family houses the way their parents did."

  • The Seattle Times, July 16, 2006,
    "The Housing Squeeze - How the High Cost of Homes is Reshaping the Way We Live"
    "But being attractive isn't enough.  It's also necessary to limit supply."

  •, May 30, 2006, “What to Do if the Home Bubble is an Inflated Idea”
    “…we have argued consistently for several years that there is no housing bubble in most markets...”

  • New York Post, May 27, 2006, “Pricey Housing May Pop Market”
    “In Manhattan, we’re seeing a lot of construction, which is going to slow, if not turn prices down a little bit. I wouldn’t be surprised to see a 5 percent drop next year.”

  • Money Magazine, October 2005, “Big Cities, Bright Prospects”
    “…there is no evidence that Boston, New York, and San Francisco are in a bubble…”

Radio and Television

Wall Street Journal

The New York Times