Steve Bourassa, Director of the School of Urban and Regional Planning, co-authored an article titled “U.S. Metropolitan House Price Dynamics” in the May 2018 issue of the Journal of Urban Economics. The paper uses advanced statistical techniques to explain changes in house prices in metropolitan areas in the United States. He and his co-authors find that aggregate personal income for metropolitan areas is an important determinant of house price dynamics, but the effect of aggregate income is closely related to constraints on the supply of housing. Supply constraints can be topographical or regulatory. His co-authors are Martin Hoesli (University of Geneva, Switzerland) and Elias Oikarinen and Janne Engblom (both at the University of Turku, Finland).
Florida Weekly’s Special Report on Planning in Florida featured input from two researchers at FAU’s School of Urban & Regional Planning. Read SURP Director Steven Bourassa’s thoughts on integrating land use and transportation regionally and CUES Director John Renne’s comments on transportation and growth.
As reported in The Guardian, the US spends twice as much on a tax break for the rich as on rent for the poorest. Dr. Steven Bourassa comments on the fact that the US spent $60bn in 2015 on the mortgage interest deduction for wealthy homeowners – while just a quarter of those needing housing assistance receive it. Read the article
SURP Director Steven Bourassa and co-author Martin Hoesli of the University of Geneva have won the “Innovative Thinking Out of the Box” best paper prize for their paper, “High Frequency House Price Indexes with Scarce Data”, presented at the 2016 American Real Estate Society (ARES) Annual Meeting in Denver, Colorado. The paper presents a method for calculating house price indexes for small areas, such as city neighborhoods, on a monthly or quarterly basis. The paper is forthcoming in the Journal of Real Estate Literature, which is published by ARES. The prize is sponsored by the Homer Hoyt Institute.
Dr. Steven Bourassa, Director of the School of Urban and Regional Planning, visited the Department of Urban Planning at King Saud University in Riyadh, Kingdom of Saudi Arabia, in early April 2016. King Saud University was the first university in Saudi Arabia, established in 1957. Dr. Bourassa was chair of a site visit team reviewing the Bachelor of Urban Planning and Design program for the Saudi Arabian national accreditation agency.
This picture shows the three-person accreditation team (Dr. Bourassa is standing in the middle with a dark tie) along with faculty, administrators, and students from the Department of Urban Planning and the College of Architecture and Planning.
Photo courtesy of Greg Maffet.
Henry D. Epstein Professor of Urban and Regional Planning, Director, School of Public Administration and School of Urban & Regional Planning
Florida Atlantic University
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