Related papers: Resilient Urban Housing Markets: Shocks vs. Fundam…
Australian house prices have risen strongly since the mid-1990s, but growth has been highly uneven across regions. Raw growth figures obscure whether these differences reflect persistent structural trends or cyclical fluctuations. We…
Homelessness in American cities is becoming an ever more prominent issue, but its causes remain contested, ranging from mental health and substance abuse to housing affordability and local labor markets. To shed light on this issue, I…
The COVID-19 recession threatens mass housing insecurity that undermines economic recovery. Unprecedented federal policy responses halt court-ordered evictions, but questions remain whether policies adequately account for dynamics that…
Despite the rapid growth of cities in the past century, our quantitative, in-depth understanding of how cities grow remains limited due to a consistent lack of historical data. Thus, the scaling laws between a city's features and its…
The process of urbanization is one of the most important phenomenon of our societies and it is only recently that the availability of massive amounts of geolocalized historical data allows us to address quantitatively some of its features.…
Cities thrive on social interactions that foster well-being, innovation, and prosperity; yet, exogenous shocks such as pandemics, hurricanes, and wildfires can severely disrupt them. Different urban venues exhibit widely divergent response…
We develop a framework to holistically test for and monitor the impact of different types of events affecting a country's housing market, yet originating from housing-external sources. We classify events along three dimensions leading to…
Urban scaling laws summarize how urban attributes evolve with city size. Recent criticism questions notably the aggregate view of this approach, which leads to neglecting the internal structure of cities. This is all the more relevant for…
Urbanization is rapidly increasing, with urban populations expected to grow significantly by 2050, particularly in developing regions. This expansion brings challenges related to chronic stresses and acute shocks, such as the COVID-19…
The latest global financial tsunami and its follow-up global economic recession has uncovered the crucial impact of housing markets on financial and economic systems. The Chinese stock market experienced a markedly fall during the global…
Seasonality has traditionally shaped the U.S. housing market, with activity peaking in spring-summer and declining in autumn-winter. However, recent disruptions, particularly post-COVID-19, raise questions about shift in these patterns.…
Challenges due to the rapid urbanization of the world -- especially in emerging countries -- range from an increasing dependence on energy, to air pollution, socio-spatial inequalities, environmental and sustainability issues. Modelling the…
Urban dynamics in large metropolitan areas result from complex interactions across social, economic, and political factors, including population distribution, flows of wealth, and infrastructure requirements. We develop a Census-calibrated…
As baby boomers have begun to downsize and retire, their preferences now overlap with millennials' predilection for urban amenities and smaller living spaces. This confluence in tastes between the two largest age segments of the U.S.…
During the last twenty years, a number of publications of theoretical-numerical nature have appeared which come to the apparently-reassuring conclusion that seismic motion on the ground in cities is smaller than what this motion would be in…
Urban crises reveal the true essence of cities: their ability to either withstand disorder or collapse under its pressure. This article explores how antifragility principles can transforms urban disruption into levers for reinforcement and…
Economic growth is conventionally analyzed at the national level, yet cities generate the bulk of global output. Here we construct GDP trajectories for 8,808 functional urban areas (FUAs) across 165 countries over 1993-2019 using…
Housing markets play a crucial role in economies and the collapse of a real-estate bubble usually destabilizes the financial system and causes economic recessions. We investigate the systemic risk and spatiotemporal dynamics of the US…
Diverse sociocultural influences in rapidly growing dense urban areas may induce strain on civil services and reduce the resilience of those areas to exogenous and endogenous shocks. We present a novel approach with foundations in computer…
We analyze the French housing market prices in the period 1970-2022, with high-resolution data from 2018 to 2022. The spatial correlation of the observed price field exhibits logarithmic decay characteristic of the two-dimensional random…