# In an op-ed, Profs Maggiori & Stroebel discuss their research findings on real estate price bubbles

1 Faculty News June 14, 2014 ![VoxEU logo ](/sites/default/files/styles/246w/public/assets/images/con_030499.jpg?itok=Qjpc4sQk)>

Excerpt from [VoxEU](http://www.voxeu.org/article/search-house-price-bubbles) -- "In Giglio, [Maggiori](http://www.stern.nyu.edu/faculty/bio/matteo-maggiori), and [Stroebel](http://www.stern.nyu.edu/faculty/bio/johannes-stroebel) (2014), we provide direct tests for the presence of infinitely-lived bubbles. We exploit a unique feature of residential housing markets in the UK and Singapore, where property ownership takes the form of either very long-term leaseholds or freeholds."

[Read more](http://www.voxeu.org/article/search-house-price-bubbles)

Additional coverage appeared on [The Wall Street Journal](http://blogs.wsj.com/economics/2014/06/25/secondary-sources-asia-searching-for-housing-bubbles-in-singapore/).