Faculty News

In an op-ed, Prof. Johannes Stroebel discusses his research on the relationship between retail and housing prices

Excerpt from Vox -- "Using barcode level price data from 2,400 US zip codes on a variety of products sold in grocery and drug stores, we estimate that when local house prices double, product prices will increase by 15 to 20 percent. That is, households living in locations with rapidly increasing real estate prices will also face rapidly increasing costs of goods purchased in local stores."

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