Forced sales and house prices /

This paper uses data on house transactions in the state of Massachusetts over the last 20 years to show that houses sold after foreclosure, or close in time to the death or bankruptcy of at least one seller, are sold at lower prices than other houses. Foreclosure discounts are particularly large on...

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Bibliographic Details
Main Author: Campbell, John Y
Corporate Author: National Bureau of Economic Research
Other Authors: Giglio, Stefano, Pathak, Parag A
Format: Book
Language:English
Published: Cambridge, Mass. : National Bureau of Economic Research, c2009
Series:Working paper series (National Bureau of Economic Research) ; working paper no. 14866
Working paper series (National Bureau of Economic Research) working paper no. 14866
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Stanford University

Holdings details from Stanford University
Call Number: HD7303 .M4 P38 2009

Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: H11.N27534 no.14866