Image for the 6th Biennial Real Estate Conference on December 1-2, 2021

Organized by the Federal Reserve Banks of Atlanta and Dallas

Hosted virtually via Zoom

Note: Registration for the conference includes an invitation to a virtual fireside chat with Atlanta Fed president Raphael Bostic and Harvard University professor Ed Glaeser at 8:30 a.m. (ET) Thursday, December 2.

If you have any questions, contact Hazel Taylor or Jessica Dill.


Wednesday, December 1
10:00 a.m. Welcome and opening remarks
Paula Tkac, Federal Reserve Bank of Atlanta
Session 1: Regulations & Housing Supply
Chair: Kris Gerardi, Federal Reserve Bank of Atlanta
10:15 "Estimating the Economic Value of Zoning Reform"Adobe PDF file format
Presenter: Jonah Rexer, Princeton University
Santosh Anagol, University of Pennsylvania
Fernando Ferreira, University of Pennsylvania
Discussant: Raven Molloy, Federal Reserve Board of Governors
11:00 Break
11:10 "Reclaiming Local Control: School Finance Reforms and Housing Supply Restrictions"Adobe PDF file format
Presenter: Jacob Krimmel, Federal Reserve Board of Governors
Discussant: Nathaniel Baum Snow, University of Toronto
11:55 Adjourn
2:00 p.m. Reconvene
Session 2: Heterogeneity in Housing Returns and Property Taxes
Chair: Joseph Tracy, Federal Reserve Bank of Dallas
2:10 "Racial Disparities in Housing Returns"Off-site link
Presenter: Francis Wong, National Bureau of Economic Research
Amir Kermani, University of California, Berkeley
Discussant: Stephen Ross, University of Connecticut
2:55 Break
3:05 "Why Are Residential Property Tax Rates Regressive?"Adobe PDF file format
Presenter: Natee Amornsiripanitch, Federal Reserve Bank of Philadelphia
Discussant: Jan Brueckner, University of California, Irvine
3:50 Adjourn
Thursday, December 2
8:30 a.m. Welcome and introduction
W. Scott Frame, Federal Reserve Bank of Dallas
8:40 Fireside Chat: Why Is Housing So Expensive?
Raphael Bostic, president and chief executive officer, Federal Reserve Bank of Atlanta
Edward Glaeser, Fred and Eleanor Glimp Professor of Economics and the Chairman of the Department of Economics, Harvard University
9:30 Break
Session 3: COVID-19 Impacts on Real Estate
Chair: Chris Cunningham, Federal Reserve Bank of Atlanta
9:40 "Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate"Adobe PDF file format
Presenter: Arpit Gupta, New York University
Vrinda Mittal, Columbia University
Jonas Peeters, New York University
Stijn Van Nieuwerburgh, Columbia University
Discussant: Stuart Rosenthal, Syracuse University
10:25 Break
10:35 "More Than Shelter: The Effects of Rental Eviction Moratoria on Household Well-Being"Adobe PDF file format
Presenter: Nitzan Tzur-Ilan, Federal Reserve Bank of Dallas
Xudong An, Federal Reserve Bank of Philadelphia
Stuart Gabriel, University of California, Los Angeles
Discussant: Jane Dokko, Federal Reserve Bank of Chicago
11:20 Closing remarks
Jessica Dill, Federal Reserve Bank of Atlanta