Fall 2025 Sandy Klein Real Estate Seminar Schedule

Date	Time	Speaker	Affiliation	Title
9/3/2025	12:30 pm	Yildiray Yildirim	Zicklin School of Business at Baruch College	Valuing Illiquid Residential Real Estate with Embedded Default Risk: Application to Rent-to-Own Contracts
9/10/2025	12:30 pm	Caitlin Gorback	UT Austin	The Financial Consequences of Wanting to Own a Home
9/17/2025	12:30 pm	Ben Keys	Wharton School of Business	Pricing Protection: Credit Scores, Disaster Risk, and Home Insurance Affordability
10/8/2025	12:30 pm	Preston Wong	Baruch College	Pricing Wildfire Risk in Residential Real Estate – Invasive Grass-Fire Cycle
10/15/2025	12:30 pm	Felipe Barbieri	Darthmouth College	Market Power and the Welfare Effects of Institutional Landlords
10/22/2025	12:30 pm	Dayin Zhang	Wisconsin School of Business	Cracking Down, Pricing Up: Housing Supply in the Wake of Mass Deportation
10/29/2025	12:30 pm	Greg Buchak	Stanford University	Competition with Multidimensional Contracts
11/12/2025	12:30 pm	Eva Steiner	Penn State University	TBD
11/19/2025	12:30 pm	TBD		TBD
12/3/2025	12:30 pm	Liang Peng	Penn State University	TBD
12/10/2025	12:30 pm	Christopher Timmins	Wisconsin School of Business	TBD

Location: Newman Institute (137 East 22nd street, Room 110)

Time: 12:30 PM

Lunch will be provided.

Spring 2025 Sandy Klein Real Estate Seminar Schedule

Fall 2024 Sandy Klein Real Estate Seminar Schedule

Spring 2024 Sandy Klein Real Estate Seminar Schedule

Fall 2023 Sandy Klein Real Estate Seminar Schedule

Spring 2023 Sandy Klein Real Estate Seminar Schedule

Fall 2022 Sandy Klein Real Estate Seminar Schedule

Spring 2022 Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
February 2, 2022	12:30 pm	Steve Ross	University of Connecticut	Loss Aversion in Housing Sales Prices: Omitted Variables and Additional Evidence from Focal Point Bias
February 9, 2022	12:30 pm	Amine Ouazad	HEC Montréal	Vertical Integration, Risk-Taking, and Fraud
February 23, 2022	12:30 pm	Daniel Lebret	Cornell University	Creating Value out of Thin Air
March 9, 2022	12:30 pm	Adam Guren	Boston University	The 2000s Housing Cycle with 2020 Hindsight: A New-Kindlebergerian View
March 30, 2022	12:30 pm	Zhaogang Song	Cornell University	Shadow Bank and Fintech Mortgage Securitization
April 27, 2022	12:30 pm	Winnie Van Dyke	Harvard University	Eviction and poverty in American cities: evidence from Chicago and New York
May 4, 2022	12:30 pm	Belen Jerez	Madrid University	Housing Prices and Credit Constraints in Competitive Search
May 11, 2022	12:30 pm	Paul Carrillo	George Washington University	What do Hedonic Price Estimates Tell Us When Capitalization Rates Vary

Fall 2021 Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
September 22, 2021	12:30 pm	Ben McCartney	Purdue University	‘Sort Selling’: Political Polarization and Residential Relocation
October 6, 2021	12:30 pm	Pavel Krivenko	Zicklin School of Business at Baruch College	Asset Prices in a Labor Search Model with Confidence Shocks
October 20, 2021	12:30 pm	Amy Hongfei Sun	Queen’s University	Indebted Sellers, Liquidity, and Mortgage Standards
October 27, 2021	12:30 pm	Dragana Cvijanovic	Cornell University	Opioid Crisis and Real Estate Prices
November 3, 2021	12:30 pm	Stephanie Moulton	The Ohio State University	Employment and Earnings Effects of Mortgage Payment Subsidies for Unemployed Homeowners
November 10, 2021	12:30 pm	Marco Giac oletti	University of Southern California	Local Experiences, Search, and Spillovers in the Housing Market
November 17, 2021	12:30 pm	Chandler Lutz	Securities and Exchange Commission	The Impact of Crisis-Period Interest Rate Declines on Distressed Borrowers
December 1, 2021	12:30 pm	Lauren Lambie-Hanson	Federal Reserve Bank of Philadelphia	How Resilient Is Mortgage Credit Supply? Evidence from the COVID-19 Pandemic
December 8, 2021	12:30 pm	Darren A iello	Brigham Young University	Reducing Search Frictions and Discouraging Other Trades: The Role of Intermediaries

Spring 2021 Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
February 10, 2021	12:30 pm, Virtual	Li Ma and Alex Zevelev	Zicklin School of Business at Baruch College	Do foreign buyer taxes affect house prices?
February 24, 2021	12:30 pm, Virtual	Sean J. Flynn	Tulane	The Imitation Game: How Encouraging Renegotiation Makes Good Borrowers Bad
March 10, 2021	12:30 pm, Virtual	Cameron LaPoint	Yale University	Flip or Flop? Tobin Taxes in Real Estate Market
March 17, 2021	12:30 pm, Virtual	Arka Bandyopadhyay	Zicklin School of Business at Baruch College	Beyond Sticks and Carrots: Monitoring and Informed Decisions via Responsiveness and Cooperation
March 24, 2021	12:30 pm, Virtual	Emily Gallagher	UC Boulder	Human Capital Investment After the Storm
April 7, 2021	12:30 pm, Virtual	Malin Hu	Vanderbilt University	Macroeconomic Effects of Household Leverage Regulations After the Crisis
April 14, 2021	12:30 pm, Virtual	Patrick Smith	San Diego State University	The effect of mortgage securitization on asset liquidation decisions
April 21, 2021	12:30 pm, Virtual	Waldo Ojeda	Zicklin School of Business at Baruch College	Why are firms slow to adopt profitable business practices?
April 28, 2021	12:30 pm, Virtual	Panle Jia	Cornell	Attribute-based Subsidies for Energy Efficient Products with Market Power
May 5, 2021	12:30 pm, Virtual	Karen Pence	Federal Reserve Board of Governors	Designing a Crisis Liquidity Facility with Nonbank Counterparties: Lessons from the Term Asset-Backed Securities Loan Facility?
May 12, 2021	12:30 pm, Virtual	Sonia Gilbukh	Zicklin School of Business at Baruch College	New Listing Alert: Alternative Theory of Housing Search

Fall 2020 Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
10/21/20	12:30 pm, Virtual	Steve Billings	University of Colorado – Boulder	Voting with their Sandals: Partisan Residential Sorting on Climate Change Risk
10/28/20	12:30 pm, Virtual	Cindy Soo	University of Michigan	Do Neighborhoods Affect Credit Market Decisions of Low-Income Borrowers? Evidence from the Moving to Opportunity Experiment
11/4/20	12:30 pm, Virtual	Brian Melzer	Dartmouth College	Who Pays the Price? Overdraft Fee Ceilings and the Unbanked
11/18/20	12:30 pm, Virtual	Karen Pence	Board of Governors of The Federal Reserve System	TBD
12/9/20	12:30 pm, Virtual	Alina Arefeva	University of Wisconsin-Madison	TBD

Spring 2020 The Sandy Klein Real Estate Seminar Schedule

Fall 2019 The Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
9/4/2019	12:30 pm	Albert Zevelev	Zicklin School of Business at Baruch College	Does Bankruptcy Protection Affect Asset Prices? (with Yildiray Yildirim)
9/9/2019	12:30 pm	Ruchi Singh	University of Georgia	Is competition a cure for confusion? Evidence from the residential mortgage market (with Steven Malliaris and Daniel A. Rettl)
9/18/2019	12:30 pm	Arka Prava Bandyopadhyay	Baruch College	Deep Learning for Risk in Commercial Mortgages (with Yildiray Yildirim)
10/2/2019	12:30 pm	Wenli Li	Federal Reserve Bank of Philadelphia	Institutional Investors and the US Housing Recovery
10/16/2019	12:30 pm	Lily Shen	Clemson University	Contractual Completeness in the CMBS Market: Insights from Machine Learning
10/23/2019	12:30 pm	Jim Conklin	University of Georgia	Preferential Treatment in Financial Contracts: Does Borrower and Broker Race Affect Mortgage Prices?
10/30/2019	12:30 pm	Christopher Palmer	MIT Sloan School	Creating Moves to Opportunity: Experimental Evidence on Barriers to Neighborhood Choice
11/6/2019	12:30 pm	Eva Steiner	Cornell University	Asset Values and Corporate Borrowing: Evidence from Contract-Level Data
11/13/2019	12:30 pm	Asaf Bernstein	The University of Colorado at Boulder	The Role Mortgage Design Plays in Homeownership and Wealth Accumulation
11/18/2019	12:30 pm	Joy Zhang	MSCI	Agency MBS Prepayment Model Using Neural Networks
11/20/2019	12:30 pm	Neil Bhutta	Board of Governors of the Federal Reserve System	Paying Too Much? Price Dispersion in the US Mortgage Market
11/25/2019	12:30 pm	Dan Greenwald	MIT Sloan School	Do Credit Conditions Move House Prices?
12/4/2019	12:30 pm	Waldo Ojeda	Zicklin School of Business at Baruch College	1. Inattention to Earthquake Risk in Home Values 2. Behavioral Biases in Technology Adoption
12/11/2019	12:30 pm	Jessie Handbury	University of Pennsylvania	Income Growth and the Distributional Effects of Urban Spatial Sorting

Spring 2019 The Sandy Klein Real Estate Seminar Schedule

Date	Time	Presenter	Affiliation	Title of Presentation
2/13/2019	12:30 pm	John Clapp	University of Connecticut	Controlling Unobserved Heterogeneity in Repeat Sales Models: Application to the Anchoring Effect in Housing
2/27/2019	12:30 pm	Stefania Albanesi	University of Pittsburgh, NBER, CEPR	Predicting Consumer Default: A Deep Learning Approach
3/13/2019	12:30 pm	Edward Kung	UCLA	The Sharing Economy and Housing Affordability: Evidence from Airbnb
4/3/2019	12:30 pm	Giancluca Marcato	University of Reading	Mortgage Design to Improve Affordability and Accessibility to Homeownership
4/10/2019	12:30 pm	Kris Gerardi	Federal Reserve Bank of Atlanta	Villains or Scapegoats? The Role of Subprime Borrowers in Driving the U.S. Housing Boom
4/29/2019	12:30 pm	Amir Kermani	UC Berkeley	Inflation and Capital Misallocation
5/1/2019	12:30 pm	You Suk Kim	Board of Governors of the Federal Reserve System	The Real Effects of Secondary Market Trading Structure: Evidence from the Mortgage Market
5/6/2019	12:30 pm	Gilles Duranton	University of Pennslyvania	The Production Function for Housing: Evidence from France
5/13/2019	12:30 pm	Kaiji Chen	Emory University	Aggregate and Distributional Impacts of Housing Policy: China’s Experiment
5/15/2019	12:30 pm	Kamila Sommer	Board of Governors of the Federal Reserve System	The Effect of the Tax Cuts and Jobs Act on the Housing Market
5/22/2019	12:30 pm	Elliot Anenberg	Board of Governors of the Federal Reserve System	The Propagation of Demand Shocks Through Housing Markets
5/29/2019	12:30 pm	Josue Cox	NYU	Drivers of the Great Housing Boom-Bust: Credit Conditions, Beliefs, or Both?

Fall 2018 Real Estate Seminar Schedule

Date	Time	Speaker	Affiliation	Title
2/19/2025	12:30 pm	Gary Painter	University of Connecticut	Ownership and Building Maintenance
3/5/2025	12:30 pm	Tomasz Piskorski	Columbia University	The Secular Decline of Bank Balance Sheet Lending
3/12/2025	12:30 pm	Paul Carillo	The George Washington University	The Spatial Distribution of the Homeownership Racial Gap
3/19/2025	12:30 pm	Tingyu Zhou	Florida State University	The Impact of Generative AI on Tenant-Driven Commercial Real Estate Valuation
4/2/2025	12:30 pm	Brent Ambrose	Penn State University	Rent Control, Rent Overcharge, and Racial Disparity
4/9/2025	12:30 pm	Wingshan Yip	Baruch College	Cultural Background and Housing Investment
4/23/2025	12:30 pm	James Vickery	Federal Reserve Bank of Philadelphia	How Resilient Is Mortgage Credit Supply? Evidence from the COVID-19 Pandemic
4/30/2025	12:30 pm	Feng Zhao	The University of Texas at Dallas	Screen More, Sell Later: Screening and Dynamic Signaling in the Mortgage Market
5/7/2025	12:30 pm	Yirui Jiang	Southwestern University of Finance and Economics	Paying More for Less: Racial Disparities in Rental Housing Quality
5/14/2025	12:30 pm	Stephanie Johnson	Rice University	The Hidden Cost of Climate Risk: How Rising Insurance Premiums Affect Mortgage, Relocation, and Credit Outcomes

Date	Time	Speaker	Affiliation	Title
9/11/2024	12:30 pm	Sam Kruger	McCombs School of Business	Did Pandemic Relief Fraud Inflate House Prices?
9/18/2024	12:30 pm	Jaehee Song	University of Colorado – Boulder	Discrimination Against Housing Vouchers: Evidence from Online Rental Listings
9/25/2024	12:30 pm	Lu Liu	Wharton School of Business	Unlocking Mortgage Lock-In: Evidence From a Spatial Housing Ladder Model
10/9/2024	12:30 pm	Wenlan Qian	NUS Business School	Deciphering the Impact of BigTech Consumer Credit
10/16/2024	12:30 pm	Yildiray Yildirim	Zicklin School of Business	Opioid Crisis and Local Economic Pain: Evidence from Commercial Real Estate Loan
10/23/2024	12:30 pm	James Graham	University of Sydney	Of House and Home-Related Goods: Consumption Spending via the Home Purchase Channe
11/6/2024	12:30 pm	Richard DiSalvo	New York City’s Independent Budget Office	IBO’s Evaluation of New York City’s Industrial and Commercial Abatement Program (ICAP)
11/13/2024	12:30 pm	Haoyang Liu	Federal Reserve Bank of Dallas	Do Landlords Pass Through Lower Mortgage Payments to Tenants? The Reference Point Channel
11/20/2024	12:30 pm	Francesc Ortega	Queens College, CUNY	To Improve Is to Change: The Effects of Risk Rating 2.0 on Flood Insurance Demand
12/4/2024	12:30 pm	Vadim Elenev	Carey School of Business	A Macro-Finance Model of Mortgage Structure: Financial Stability & Risk Sharing
12/11/2024	12:30 pm	Franklin Qian	UNC Kenan-Flagler Business School	TBD

Date	Time	Speaker	Affiliation	Title
2/7/2024	12:30 pm	Darius Palia	Rutgers University	African American Representation on the Boards of Banks and Mortgage Loan Rejection Rates
2/14/2024	12:30 pm	Judith Ricks	Consumer Financial Protection Bureau	Effects of Entering the Credit Market in a Recession
2/21/2024	12:30 pm	Sophie Calder-Wang	Wharton	Coordinated vs Efficient Prices: The Impact of Algorithmic Pricing on Multifamily Rental Markets
2/28/2024	12:30 pm	Tim Landvoigt	Wharton	Printing Away the Mortgages: Fiscal Inflation and the Post-Covid Housing Boom
3/6/2024	12:30 pm	Christophe Spaenjers	University of Colorado-Boulder	Bank Competition and Bargaining over Refinancing
3/27/2024	12:30 pm	Matthew Wynter	Stonybrook University	The Impact of Capping SALT Deduction on Municipal Bond Pricing
4/3/2024	12:30 pm	Yongheng Deng	Wisconsin School of Business	Technology and the Education Gap: A Digital Footprint Approach
4/17/2024	12:30 pm	Ingrid Gould Ellen	NYU, Furman Center	Does Opportunity Come with Trade-Offs? The Impact of Small Area Fair Market Rents on Search Outcomes
4/24/2024	12:30 pm	Andy Haughwout	Federal Reserve Bank of New York	Can Housing Compete with Financial Assets? Financial Literacy, Time Cost and View of Housing as Investment
5/1/2024	12:30 pm	Amy Schwartz	NYU, University of Delaware	Are Public Housing Projects Good for Kids Afterall?
5/8/2024	12:30 pm	Sasha Indarte	Wharton	Are High Housing Costs Amplifying Recessions?
5/15/2024	12:30 pm	Niki Kotsenko	NYU	Search in Opaque Markets

Date	Time	Speaker	Affiliation	Title
August 30, 2024	12:30 pm	Jacob Sagi	UNC – Kenan Flagler	Risk Perception and Loan Underwriting in Securitized Commercial Mortgages
September 13, 2023	12:30 pm	Alex Van De Minne	University of Connecticut	Commercial Real Estate and Air Pollution
September 20, 2023	12:30 pm	Lara Loewenstein	Cleveland Fed	House Prices and Rents in the 21st Century
October 4, 2023	12:30 pm	Alexei Tchistyi	Cornell University	Distorting Effects of PPP Loans on Business Competition
October 11, 2023	12:30 pm	Luis Lopez	UIC	Redlining and Realtor Associations
October 18, 2023	12:30 pm	Siqi Zheng	MIT	Understanding Housing Market Responses to Stringent Energy Codes
October 25, 2023	12:30 pm	Nancy Wallace	Berkeley Haas	Housing and Mortgage Markets with Climate Risk: Evidence from California Wildfires
November 1, 2023	12:30 pm	Amanda Ross	University of Alabama	Asymmetric Information in the Florida Homeowners Insurance Market
November 8, 2023	12:30 pm	Carlos Garriga	St.Louis Fed	Amazon HQ2: A Tale of Shocks to Housing Price Expectations
November 15, 2023	12:30 pm	Lee Seltzer	New York Fed	Financing Constraints and Maintenance Investments: Evidence from Apartments
November 29, 2023	12:30 pm	Yildiray Yildirim	Zicklin School of Business, Baruch College	Exploring Climate Risk, Risk Retention, and CMBS: Understanding their Interplay
December 6, 2023	12:30 pm	Dan Ringo	Federal Reserve Board	Housing Market Congestion: The Effects of New For-Sale Supply on Home Prices and Sale Hazard

February 27, 2023	12:15 pm	Calvin Zhang	Philadelphia Fed	Distinguishing Causes of Neighborhood Racial Change: A Nearest Neighbor Design
March 1, 2023	12:15 pm	Yildiray Yildirim	Zicklin School of Business at Baruch College	The Value of Implicit Political Connections on Land Sales in China
March 8, 2023	12:15 pm	Xudong An	Philadelphia Fed	Flood Risk, Insurance, and Business Relocation
March 15, 2023	12:15 pm	Anthony DeFusco	Northwestern	Real Effects of Rollover Risk: Evidence from Hotels in Crisis
March 29, 2023	12:15 pm	Li Ma	Zicklin School of Business at Baruch College	High Temperature, Climate Change and Real Estate Prices
April 19, 2023	12:15 pm	Michael Reher	UC San Diego	The Mortgage-Cash Premium Puzzle
April 26, 2023	12:15 pm	Arpit Gupta	NYU Stern	Work from Home and the Office Real Estate Apocalypse
May 3, 2023	12:15 pm	Nazanin Khazra [ONLINE]	Toronto	Does Airbnb Reduce Matching Frictions in the Housing Market?
May 10, 2023	12:15 pm	Ian Herzog	Huron	The City-Wide Effects of Tolling Downtown Drivers: Evidence from London’s Congestion Charge

baruch college | zicklin school of business

Department of Real Estate

September 14, 2022	12:30 pm	Jack Favilukis	UBC	Why Zoning is too Restrictive
September 21, 2022	12:30 pm	Seung-Hyun Hong	University of Illinois at Urbana-Champaign	Voting with Your Mortgage: The Value of Democratic Governance
September 28, 2022	12:30 pm	Aaron Hedlund	St. Louis Fed	Rural-Urban Migration, Structural Transformation, and Housing Markets in China
October 12, 2022	12:30 pm	Jonathan Halket	Texas A&M	The Cross-Section of Housing Returns
October 19, 2022	12:30 pm	Nitzan Tzur Ilan	Dallas Fed	Effects of Wildfire Destruction, Smoke, and Pollution on Credit Markets
November 16, 2022	12:30 pm	Derek Stacey	University of Waterloo	Frictional and Speculative Vacancies: The Effect of an Empty Homes Tax
November 30, 2022	12:30 pm	Alex Zentefis	Yale University	Bank Access Across America
December 7, 2022	12:30 pm	Erica Jiang	USC Marshall	Collateral Value Uncertainty and Mortgage Credit Provision

1/29/2020	12:30 pm	Jiro Yoshida	Pennsylvania State	Bequest Motives, Inheritance Tax, and Housing Choice: A Problem of Inefficient Empty Nests
2/5/2020	12:30 pm	Deeksha Gupta	Carnegie Mellon	Concentration in Mortgage Markets: GSE Exposure and Risk-Taking in Uncertain Times
2/19/2020	12:30 pm	Peter Ganong	University of Chicago	Why Do Borrowers Default on Mortgages?
2/26/2020	12:30 pm	Steven Laufer	Federal Reserve Board	The Effects of Mortgage Credit Availability: Evidence from Minimum Credit Score Lending Rules

Date	Time	Presenter	Affiliation	Title of Presentation
10/3/2018	12:15 pm	Stuart Rosenthal	Syracuse University	Owned Now Rented Later? Housing Stock Transitions and Market Dynamics
10/11/2018	12:15 pm	Lu Han	University of Toronto	The Microgeography of Housing Supply
10/17/2018	12:15 pm	Kristian Blickle	Federal Reserve Bank of New York	Local Banks, Credit Supply, and House Prices
10/24/2018	12:15 pm	Jefferson Duarte	Rice University	Omitted Variable Bias and the Housing Wealth Effect
11/7/2018	12:15 pm	Rossen Valkanov	UC San Diego	How to Invest in Corporate Debt? A Parametric Approach
11/14/2018	12:15 pm	Paul Goldsmith-Pinkham	Yale School of Management	Predictably Unequal? The Effects of Machine Learning on Credit Markets
11/26/2018	12:30 pm	Morris Davis	Rutgers Business School	The Impact of Federal Housing Policy on Housing Demand and Homeownership: Evidence from a Quasi-Experiment
11/29/2018	12:30 pm	Jose Scheinkman	Columbia University	Shorting in Speculative Markets
12/12/2018	12:30 pm	Paul Willen	Federal Reserve Bank of Boston	Technological Innovation in Mortgage Underwriting and the Growth in Credit: 1985–2015