How Changing Markets Are Redefining Homeownership
As prospective homeowners face increasing challenges, this event will help you understand the critical policy issues shaping housing, real estate, and the changing dream of homeownership in America. Experts will explore how rising mortgage rates and shifting market conditions are making homeownership more difficult to attain. You’ll gain insights into the impacts of affordability, housing supply, and new lending practices on the real estate market. Panelists will discuss how these factors are transforming both the real estate landscape and your potential path to homeownership.
Wednesday, December 4, 2024
Attend In-Person
12:30 – 1:30 pm EST
Steinberg Hall-Dietrich Hall 350
Must have a Upenn.edu email to register and attend in-person.
Attend Virtually
12:30 – 1:30 pm EST
LinkedIn Live
Meet the Panelists
Joseph Gyourko, Panelist
Martin Bucksbaum Professor, Professor of Real Estate, Professor of Finance, Professor of Business Economics & Public Policy; Nancy A. Nasher and David Haemisegger Director of the Zell/Lurie Real Estate Center
Joe Gyourko is the Martin Bucksbaum Professor of Real Estate, Finance and Business & Public Policy at the Wharton School of the University of Pennsylvania. He also serves as the Nancy Nasher and David Haemiseggar Director of the Zell/Lurie Real Estate Center at Wharton.
Professor Gyourko’s research interests include real estate finance and investments, urban economics, and housing markets in the United States and China. He is a Research Associate of the National Bureau of Economic Research (NBER) and served as Co-Director of the special NBER Project on Housing Markets and the Financial Crisis.
Professor Gyourko served as coeditor of the Journal of Urban Economics, is a past Trustee of the Urban Land Institute (ULI), and Director of the Pension Real Estate Association (PREA). He consults various private firms on real estate investment and policy matters.
Susan Wachter, Panelist
Albert Sussman Professor of Real Estate; Professor of Finance; Co-Director, Penn Institute for Urban Research
Susan Wachter is the Albert Sussman Professor of Real Estate and Professor of Finance at the Wharton School of the University of Pennsylvania. From 1998 to 2001, she served as Assistant Secretary for Policy Development and Research, U.S. Department of Housing and Urban Development, the senior urban policy official and Principal Advisor to the Secretary. During her tenure at HUD, Wachter’s office was responsible for the New Markets Tax Credit, the major legislative initiative for urban revitalization, with the goal of attracting private capital into low-income communities.
At the Wharton School, she was Chairperson of the Real Estate Department and Professor of Real Estate and Finance from July 1997 until her 1998 appointment to HUD. At Penn, she co-founded and currently is Co-Director of the Penn Institute for Urban Research. She also founded and currently serves as Director of Wharton’s Geographical Information Systems Lab.
She was the editor of Real Estate Economics from 1997 to 1999 and currently serves on the editorial boards of several real estate journals. Wachter is the author of more than 200 scholarly publications and the recipient of several awards for teaching excellence at the Wharton School. Wachter has served on multiple for-profit and not-for-profit boards and currently serves on the Affordable Housing Advisory Committee of Fannie Mae and the Office of Financial Research Advisory Committee of the U.S. Treasury. She frequently comments on national media and testifies to Congress on U.S. housing policy.
Maisy Wong, Moderator
James T. Riady Associate Professor of Real Estate
Maisy Wong is the James T. Riady Associate Professor of Real Estate at the Wharton School of the University of Pennsylvania. Her research interests include labor mobility, urbanization, and real estate finance. At Wharton, she has taught courses on Real Estate Investments and Global Real Estate markets to undergraduate and MBA students, and has several Excellence in Teaching Awards.
Dr. Wong is a Research Associate at the NBER, on the editorial board of the Journal of Urban Economics, and a former board member of the American Real Estate and Urban Economics Association (AREUEA). Dr. Wong earned her undergraduate degree from U.C. Berkeley and her Ph.D. from the Massachusetts Institute of Technology (MIT).