# Professors Theresa Kuchler and Johannes Stroebel's joint research on social networking and housing decisions is spotlighted

1 Faculty News June 9, 2017 ![CBS News logo](/sites/default/files/styles/246w/public/assets/images/con_031726.jpg?itok=XPqKNXWl)>

Excerpt from [CBS News](http://www.cbsnews.com/news/friendly-chatter-on-facebook-could-be-behind-our-current-housing-bubble/) -- "The paper's authors -- NYU professors [Theresa Kuchler](http://www.stern.nyu.edu/faculty/bio/theresa-kuchler) and [Johannes Stroebel](http://www.stern.nyu.edu/faculty/bio/johannes-stroebel); Ruiqing Cao, a graduate student at Harvard, and Michael Bailey, an economist at Facebook -- reached their conclusions by analyzing more than 1,200 Facebook accounts in Los Angeles County, noting their interactions with far-flung friends and matching those users, on an anonymized basis, to property transaction records."

[Read more](http://www.cbsnews.com/news/friendly-chatter-on-facebook-could-be-behind-our-current-housing-bubble/)