William Hardin

This study investigates how unexpected structural failures, such as the Champlain Towers South collapse, can profoundly alter real estate market dynamics. Based on data from the Multiple Listing Service (MLS) for Miami-Dade from 2020 through 2022, the findings show that older condos experienced significant post-collapse list price discounts, longer time on the market, and reduced sale prices compared to newer units.

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This article investigates the relationships among marital stability, divorce, homeownership, and housing prices. Using data from the China Family Panel Studies (CFPS), we find that, after controlling for observables, homeownership is associated with a 23% reduction in the overall divorce rate. Our results also indicate that while homeownership promotes marital stability, rising housing prices increase the likelihood of divorce for homeowners relative to renters.