Ben Preis

Ben Preis

@benjaminpreis.com

Principal, Urban Research Advisors. Housing is important and we should build more of it. Formerly MIT DUSP and Tufts University. he/him

475 followers367 following57 posts

A lot of the discourse in Europe is focused on short-term rentals, speculation, and immigration (!) Ironically, the EU Housing Task Force has made the shortage a key part of their platform, with great research on the 4.5 million unit shortage in the EU! publications.jrc.ec.europa.eu/repository/h...

Ned Resnikoff@resnikoff.bsky.social

This piece, which fails to even gesture at the possibility that high cost European cities might have a shortage of housing, is inadvertently in object lesson in why the global housing crisis is hitting Europe so hard www.theguardian.com/commentisfre...

Excited to be joining the Roosevelt Institute as a Good Life Resident for Housing!

Roosevelt Institute@rooseveltinstitute.org

Housing affordability is a major driver of today’s cost-of-living crisis. We’re excited to welcome our new Good Life Residents for Housing! 🏠 @shehabchowdhury.bsky.social, @chenab.bsky.social, and @benjaminpreis.com will explore how federal policy can help build more homes, more affordably. More ⬇️

It's a shame that LLM's ruined the sentence construction of "X isn't Y -- it's Z." That sometimes a useful sentence construction but now I can't read it without thinking that an LLM wrote it.

Some days I feel like my job is just copy-editing AI slop that Very Important People have sent to me while pretending that it is their Very Good Work Product, and I am tired of it.

Very excited to contribute to #TheRooftop at from @futurelandhousing.bsky.social at New America. My piece discusses the roadblocks that face the diffusion of policy innovations in housing and how policy entrepreneurs can help overcome some of these barriers. www.newamerica.org/future-land-...

newamerica.orgWe Need More Policy Entrepreneurs to Solve the Housing CrisisAmid a growing wealth of good ideas to address the housing shortage, we need to make sure the right ones reach the right places.

Ben Preis reposted

I am looking for a research assistant to work with me on the development of U.S. housing markets. Experience with ArcGIS, Stata useful. We build datasets that allow us to understand housing affordability, the impacts of transit and zoning, and more: rb.wd5.myworkdayjobs.com/en-US/FRS/jo...

rb.wd5.myworkdayjobs.comResearch Assistant/Sr. Research AssistantCompany Federal Reserve Bank of Philadelphia Job Description Summary Research assistants (RAs) at the Philadelphia Fed play a key role in the Economic Research Department. Whether they are helping eco...

I know I'm not the first one to make the critique, but it is a sad state of affairs to celebrate a not-quite-monthly, nbhood-specific street closure when major cities all around the world close arterial roads every weekend. Just wish DC could get there.

Really excited to read this paper by a great group of scholars studying a critical issue as different forms of rental property ownership continues to be an issue vexing local communities.

Christine Jang-Trettien@chrjang.bsky.social

New #housing paper on landlords: With co-authors Henry Gomory, Drew Messamore, @philipgarboden.bsky.social, we examine legal, organizational, and econ factors that shape landlord behaviors and practices. www.tandfonline.com/eprint/7RBYS...

Maybe billionaires buying newspapers wasn't the best solution to the local news crisis.

Oliver Darcy@oliverdarcy.bsky.social

Scoop: After the LA Times published a piece about Elon Musk that carried a headline owner Patrick Soon-Shiong didn't like, a new rule was implemented: Prior to publishing opinion stories, headlines must be emailed to Soon-Shiong, where he can then choose to weigh in. www.status.news/p/los-angele...

I appreciate the spirit of a national model building code (it's in the report that the National Housing Crisis Task Force just released earlier this month), but I'm skeptical of an *Affordable Housing building code* as that could imply that affordable housing is held to a lower standard.

The Urbanist@theurbanist.org

Rep. Adam Smith (D-WA) is proposing new housing legislation. “The Prefabricated Housing and Zoning Enhancement Act of 2024 (PHAZE Act), which would tackle housing shortages across the United States by reforming zoning and encouraging new building efforts.” adamsmith.house.gov/news/press-r...

Thus, it's not clear to me whether a "National Building Code for Affordable Housing" is meant to be a building code that would apply to affordable housing, or whether the building code is meant to make housing more affordable — regardless of whether it is subsidized/deed restricted/etc.

Excited to have Pittsburgh data-provider and holder of the historical knowledge Chris Briem over here.

Chris Briem (www.briem.com)@chrisbriem.bsky.social

Testing some cross-posting software, but I have not updated this in a while. Again: Relative Change in Labor Force Levels for the 40 Largest MSAs - January 2019 through September 2024

Ben Preis reposted

New Research Thread🧵: We examine the spatial patterns and eviction rates of single-family landlords in the Twin Cities. We find Private Equity firms and REITs each have their own distinct geographies and evict tenants at higher rates than smaller landlords. 1/

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1) They represent an actual sample of rentals, depending on their enforcement. 2) They often ask for owner name & address, manager name & address, and differentiate between those two. 3) They provide a bunch of other information to make data cleaning easier, like phone numbers.

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Here's what it looks like locally. While commuting backbones (below) are mostly constrained by the MSA boundaries, landlord market areas extend nationally.

A note on the data: I use rental registries to identify landlords here, rather than tax assessment data. I have another paper in review as to why I dislike tax assessment data, but here are some benefits of rental registries:

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Conversely, it's a way to think about where capital is located that searches for real estate investment. While (pre-pandemic, at least) most workers were local, capital is global — it searches for returns and is enabled by new technologies.

I calculate the landlord market area by taking the network backbone from the landlord-property network I create. Hotspots include California, Florida, Texas, and Georgia. These are sights of large landlords, but also significant personal wealth, retirees, and more.

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2) Landlords live in neighborhoods that are on average, richer, whiter, and more educated than the neighborhoods where they own property. To test for statistical significance, I create a simulated randomized network of landlord and rental locations. I run 1,000 simulations.

3) How should we conceptualize the locations of landlords? While "most" are local, what does that tell us? To try and drive deeper here, I introduce the concept of a "landlord market area," which is the area where a significant share of landlords can be found.

There is still so much that we don't know about landlords in the US. What's the best way to differentiate among corporate landlords? Where are landlords located, relative to their properties? How do different landlords differ? I find that:

1) Most landlords are local. Approximately 80% of landlords have a residential mailing address (even corporate landlords) & 80%+ of those have mailing addresses in the same MSA. Landlords w/ a residential mailing address are located closer to their rentals than other landlords.

🎉🎉 Let me use my first post here to announce that my first dissertation paper has been accepted to the Annals of the AAG. Pre-print forthcoming to my website, and hopefully published by AAG soon! 🎉🎉

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