How 'houses as ATMs' feed a recession

For most Americans, their home is their most valuable asset, so it makes sense to borrow against the equity to obtain cash. In lean times, that money can be spent on consumption, which keeps the economy humming along. But ...

IPOs help communities prosper, new research shows

Companies that go public on the stock market provide an economic boost to the local communities where they're based, according to new research from Rice University's Jones Graduate School of Business.

Paper: School shootings affect school quality, housing value

A new paper co-written by a University of Illinois scholar who studies urban economics says that home prices within a school district affected by a mass shooting episode in a school declined by 7.8 percent – more than $15,000 ...

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