Faculty Publications
Read, D.C ., Sedgwick, D. Managing the threat of decoupling in the U.S. affordable housing industry. J Hous and the Built Environ (2024)Leland, S., & Read, D. C. (2024). Public perceptions of for-profit and nonprofit affordable rental housing providers. Community Development , 1–13.
Robert, J. G., Zaldivar, M. R., Ajao, H., & Yang, Z. (2024). Enhancing Real Estate Data Analytics Education with Digital Badges. Journal of Real Estate Practice and Education , 26 (1). Emily L. Pakhtigian, Sonia Aziz, Kevin J. Boyle , Ali S. Akanda, S.M.A. Hanifi, Early warning systems, mobile technology, and cholera aversion: Evidence from rural Bangladesh , Journal of Environmental Economics and Management, Volume 125, 2024
Thomy, B., Morrison, M., Duncan, R., Bark, R.H., Boyle, K.J. & Birtles, P.J. (2024) Investigating revealed preferences for urban waterway conditions: A hedonic property valuation study. Australian Journal of Agricultural and Resource Economics , 68, 253–269.
Weng, Weizhe, Kelly M. Cobourn, Armen R. Kemanian, Kevin J. Boyle, Yuning Shi, Jemma Stachelek, and Charles White. 2024. “ Quantifying Co-Benefits of Water Quality Policies: An Integrated Assessment Model of Land And Nitrogen Management. ” American Journal of Agricultural Economics 106(2): 547–572.
Mayock, Tom and Vosters, Kelly, (2024) Educational Achievement Gains Afforded by Moving to Single-Family Rentals .Mayock, Tom and Vosters, Kelly, (2024) Single-Family Rentals as a Pathway for Access to High-Performing Public Schools. Cashman, G. D., Harrison, D. M., Sheng, H. , & Wall, J. (2024). To Change or Not to Change: The Informativeness of REIT Annual Reports. Journal of Real Estate Research , 1–43 Xiao, Xue , Climate Transition Risk and Commercial Real Estate (2024).Agarwal, Sumit, Brent W. Ambrose, Luis A. Lopez, and Xue Xiao . 2024. "Did the Paycheck Protection Program Help Small Businesses? Evidence from Commercial Mortgage-Backed Securities ." American Economic Journal: Economic Policy, 16 (3): 95–132
Cifci, E., Tidwell, A., Clements, J., & Jauregui, A. (2023). Housing Performance and the Electorate . Journal of Real Estate Research.
Dempsey, S. J., & Sheng, H. (2023). Dividend change announcements, ROE, and the cost of equity capital . International Review of Financial Analysis , 86 , 102506.
Mamun, S., Castillo-Castillo, A., Swedberg, K., Zhang, J., Boyle, K. J. , Cardoso, D. S., Kling, C. L., Nolte, C., Papenfus, M., Phaneuf, D. J., & Polasky, S. (2023). Valuing water quality in the United States using a national dataset on property values . Proceedings of the National Academy of Sciences of the United States of America , 120 (15).
Nolte, C., Boyle, K. J. , Chaudhry, A. M., Clapp, C. M., Guignet, D., Hennighausen, H., Kushner, I., Liao, Y., Mamun, S., Pollack, A., Richardson, J. J., Sundquist, S., Swedberg, K., & Uhl, J. (2023). Data Practices for Studying the Impacts of Environmental Amenities and Hazards with Nationwide Property Data . Land Economics , 102122-0090R.
Robert, J. , & Zahirovic-Herbert, V. (2023). The Influence of TIF Overlay Zoning on Residential Real Estate Prices . Journal of Housing Research , 1–17.Swedberg, K., Cardoso, D. S., Castillo-Castillo, A., Mamun, S., Boyle, K. J. , Nolte, C., Papenfus, M., & Polasky, S. (2023). Spatial heterogeneity in hedonic price effects for lake water quality . Land Economics , 102122-0086R.
Weng, W., Yan, L., Boyle, K. J. , & Parsons, G. R. (2023). COVID-19 and visitation to Central Park, New York City . PLOS ONE , 18 (9), e0290713.
Cashman, G. D., Harrison, D. M., & Sheng, H. (2022a). Does Options Trading Activity benefit REITs? Journal of Real Estate Research , 1–35.
Cashman, G. D., Harrison, D. M., & Sheng, H. (2022b). Short sales, short risk, and return predictability in Asia-Pacific real estate markets . Pacific-basin Finance Journal , 73 , 101775.
Cashman, G. D., Harrison, D. M., & Sheng, H. (2022c). Short selling and options trading: A tale of two markets . Journal of Financial Research , 45 (2), 313–338.
Harrison, D. M., & Sheng, H. (2022). Pandemic proof property companies . The Journal of Real Estate Portfolio Management , 28 (2), 109–138.
Li, X., Boyle, K. J. , Preisser, E. L., Holmes, T. P., & Orwig, D. A. (2022). Property value effects of the Hemlock wooly adelgid infestation in New England, U.S.A. Ecological Economics , 194 , 107354.
Mayock, T. , & Shi, L. (2022). Adverse selection in the market for mortgage servicing rights . Journal of Housing Economics , 58 , 101858.Morrison, M. A., Boyle, K. J. , Thomy, B., Burton, M., & Xu, W. (2022). Enhancing urban stream values: the case of the Cooks and Georges River catchments . Journal of Water Resources Planning and Management , 148 (11).
Read, D. C., Robert, J. , & Galford, G. (2022). Resident service coordinators as an underutilized resource in the design and development of affordable housing . Journal of Community Practice , 30 (2), 143–154.
Robert, J. (2022). Note: A call for research into Low-Income Housing’s growing insurance problem . Journal of Housing, 31 (2), 241-246.Sheng, H. (2022). Option measures and stock characteristics . Finance Research Letters , 44 , 102058.Swedberg, K., Boyle, K. J. , Stachelek, J., Ward, N. K., Weng, W., & Cobourn, K. M. (2022). Examining implicit price variation for lake water quality . Water Economics and Policy .
Luo, S., Tidwell, A., & Clements, S. (2021). Does political uncertainty affect residential development? Journal of Real Estate Finance and Economics , 65 (4), 572–592.
Mayock, T. , & Tzioumis, K. (2021). New construction and mortgage default . Journal of Banking and Finance , 133 , 106276.Robert, J. , & Hanton, L. (2021). Collaborating with Industry to Improve Undergraduate Real Estate Education: Recommendations to Enhance Guest Speaking Activities . Journal of Real Estate Practice and Education , 23 (1), 10–19.Robert, J. , & O’Neill, J. W. (2021). Evaluating Hotel Time-To-Delivery (TTD): influencing factors and financial performance . Journal of Real Estate Literature .Robert, J. , & Zahirovic-Herbert, V. (2021). The influence of privately initiated rezoning on housing prices . International Journal of Housing Markets and Analysis , 15 (3), 592–612.Robert. J. (2021). General liability insurance & crime scores: Caution advised for the multifamily property industry . Real Estate Issues, 45 (5), 1-5.
Agarwal, S., Bw, A., La, L. F., & Xiao, X. (2020). Pandemic Risk Factors and the Role of Government Intervention: Evidence from COVID-19 and CMBS Mortgage Performance . Social Science Research Network .
Bishop, K. C., Kuminoff, N. V., Banzhaf, H. S., Boyle, K. J. , Von Gravenitz, K., Pope, J. C., Smith, V. K., & Timmins, C. (2020). Best practices for using hedonic property value models to measure willingness to pay for environmental quality . Review of Environmental Economics and Policy , 14 (2), 260–281.
Cashman, G. D., Harrison, D. M., & Sheng, H. (2020). Underpriced REITs: The Long & The Short of It . Journal of Real Estate Literature , 28 (1), 112–129.
Fisher, P. J., & Read, D. C. (2020). Learning about Networking from Women in the Commercial Real Estate Industry . Journal of Real Estate Practice and Education , 22 (1), 13–21.
Read, D. C. , & Sanderson, D. (2020). Obstacles to comprehensive real estate asset management . Journal of Financial Management of Property and Construction , 26 (1), 49–62.Sanderson, D., & Read, D. C. (2020). Recognizing and realizing the value of customer-focused property management . Property Management , 38 (5), 749–764.
Weng, W., Boyle, K. J. , Farrell, K. J., Carey, C. C., Cobourn, K. M., Dugan, H. A., Hanson, P. C., Ward, N. K., & Weathers, K. C. (2020). Coupling natural and human models in the context of a lake ecosystem: Lake Mendota, Wisconsin, USA. Ecological Economics , 169 , 106556.
Zillante, A., Read, D. C. , & Seiler, M. J. (2020). Assembling land for urban revitalization in the presence of linchpin parcels and information asymmetries: An experimental investigation . Land Use Policy , 99 , 104981.
Boyle, K. J. , Boatwright, J., Brahma, S., & Xu, W. (2019). NIMBY, not, in siting community wind farms . Resource and Energy Economics , 57 , 85–100.Cashman, G. D., Harrison, D. M., Seiler, M. J., & Sheng, H. (2019). The Relation between Intrafirm Distances and Information Opacity: Evidence from Stock Market Liquidity . Journal of Real Estate Research , 41 (4), 639–668.
Li, X., Holmes, T. P., Boyle, K. J. , Crocker, E., & Nelson, C. D. (2019). Hedonic Analysis of Forest Pest Invasion: the Case of Emerald Ash Borer . Forests , 10 (9), 820.
Li, P., & Mayock, T. (2019). Mortgage characteristics and the racial incidence of default . Journal of Housing Economics , 46 , 101655.
Read, D. C. (2019). Does the commercial real estate industry need “more pussy on the block?” Property Management , 37 (5), 627–637.Read, D. C. , & Carswell, A. T. (2019). Is property management viewed as a value-added service? Property Management , 37 (2), 262–274.Read, D. C. , Fisher, P. J., & Juran, L. (2019). How do women maximize the value of mentorship? Insights from mentees, mentors, and industry professionals . Leadership & Organization Development Journal , 41 (2), 165–175.Read, D. C. , Leland, S., & Pope, J. V. (2019). Views from the Field: Economic Development Practitioners’ Perceptions About Public-Private Real Estate Partnerships . Urban Affairs Review , 56 (6), 1876–1900.Read, D. C. , Sanderford, A. R., & Skuzinski, T. (2019). The bounded and pragmatic consultant: Fiscal impact analysts as rational actors . Planning Practice and Research , 34 (4), 475–488.Read, D. C. , Skuzinski, T., & Sanderford, A. R. (2019). Increasing the understanding of fiscal impact analysis to help real estate developers more effectively manage process risk . Journal of Real Estate Literature .Zillante, A., Read, D. C. , & Seiler, M. J. (2019). Using prospect theory to better understand the impact of uncertainty on real estate negotiations . Journal of Real Estate Research , 41 (1), 75–106.
Banerjee, O., Boyle, K. , Rogers, C., Cumberbatch, J., Kanninen, B., Lemay, M. H., & Schling, M. (2018). Estimating benefits of investing in resilience of coastal infrastructure in small island developing states: An application to Barbados . Marine Policy , 90 , 78–87.
Cashman, G. D., Harrison, D. M., & Sheng, H. (2018). Option trading and REIT returns . Real Estate Economics , 49 (1), 332–389.
Glennon, D., Kiefer, H., & Mayock, T. (2018). Measurement error in residential property valuation: An application of forecast combination . Journal of Housing Economics , 41 , 1–29.
Ihlanfeldt, K. R., & Mayock, T. (2018a). Affordable housing and the socioeconomic integration of elementary schools . Journal of Real Estate Finance and Economics , 58 (4), 567–595.
Ihlanfeldt, K. R., & Mayock, T. (2018b). School segregation and the foreclosure crisis . Regional Science and Urban Economics , 68 , 277–290.
Mayock, T. , & Malacrida, R. S. (2018). Socioeconomic and racial disparities in the financial returns to homeownership . Regional Science and Urban Economics , 70 , 80–96.Read, D. C. , & Sanderford, A. R. (2018). Sustaining sustainability in large real estate investment management firms . The Journal of Real Estate Portfolio Management , 24 (1), 19–33.Ro, S., Gallimore, P., Clements, S. , & Fan, G. (2018). Herding Behavior among Residential Developers . Journal of Real Estate Finance and Economics , 59 (2), 272–294.
Cashman, G. D., Harrison, D. M., Seiler, M. J., & Sheng, H. (2017). The impact of geographic and cultural dispersion on information opacity . Journal of Real Estate Finance and Economics , 59 (2), 166–208.
Clements, S. , Tidwell, A., & Jin, C. (2017). Futures markets and real estate public equity: Connectivity of lumber futures and Timber REITs . Journal of Forest Economics , 28 , 70–79.Hughen, W. K., & Read, D. C. (2017). Analyzing form-based zoning’s potential to stimulate mixed-use development in different economic environments . Land Use Policy , 61 , 1–11.
Read, D. C. , Goss, R. C., & Hopkins, E. A. (2017). STRATEGIC BUSINESS DEVELOPMENT AND CLIENT PROSPECTING IN THE THIRD-PARTY APARTMENT MANAGEMENT INDUSTRY . International Journal of Strategic Property Management , 21 (4), 346–356.Read, D. C. , & Leland, S. (2017). Toward understanding another gender gap: how women in economic development perceive access to capital. Journal of Women, Politics & Policy .Read, D. C. , & Sanderford, D. (2017a). Examining five common criticisms of Mixed-Income housing development found in the real estate, public policy, and urban planning literatures . Journal of Real Estate Literature , 25 (1), 31–48.Read, D. C. , & Sanderford, D. (2017b). Innovation Districts at the Cross road of the Entrepreneurial City and the Sustainable City . Journal of Sustainable Real Estate , 9 (1), 131–152.Read, D. C. , & Sanderford, D. (2017c). Making places and making tradeoffs: mixed-income housing development in practice . Journal of Place Management and Development , 10 (5), 461–478.Sanderford, A. R., Read, D. C. , Xu, W., & Boyle, K. J. (2017). Obtaining differentiation premiums in the presence of fee regulation in the residential real estate appraisal industry . Housing Policy Debate , 27 (5), 698–711.
Hopkins, E. A., Read, D. C. , & Goss, R. C. (2016). Promoting sustainability in the United States multifamily property management industry. Journal of Housing and the Built Environment , 32 (2), 361–376.
Read, D. C. , Hopkins, E. A., & Goss, R. C. (2016). Working effectively with asset managers and institutional groups. Property Management . Siriwardena, S. D., Boyle, K. J. , Holmes, T. P., & Wiseman, P. E. (2016). The implicit value of tree cover in the U.S.: A meta-analysis of hedonic property value studies . Ecological Economics, 128, 68–76.
Andersson, F., & Mayock, T. (2015). The microdynamics of household credit use through a boom–bust cycle . Journal of Housing Economics , 27 , 22–36.
Cashman, G.D., Harrison, D.M., & Sheng, H. (2015). Political Risk and the Cost of Capital in Asia-Pacific Property Markets . International Real Estate Review, 18 (3), 331-364.
Dempsey, S. J., Harrison, D. M., & Sheng, H. (2015). Core earnings uncertainty, dividend change announcements and the reduction of covariance component risks . Journal of Business Finance & Accounting , 42 (9–10), 1075–1120.
Dymond, R. L., Boyle, K. , Beliveau, Y. J., Goss, R. C., Kumar, R., & Wiseman, E. (2015). Development of an interdisciplinary undergraduate program in Real Estate: Breaking down university silos . Journal of Real Estate Practice and Education .
Ihlanfeldt, K. R., & Mayock, T. (2015). Foreclosures and local government budgets . Regional Science and Urban Economics , 53 , 135–147.
Kiefer, H., Kiefer, L. C., & Mayock, T. (2015). Should we Fear the Shadow? House Prices, Shadow Inventory, and the Nascent Housing Recovery . Journal of Real Estate Finance and Economics , 52 (3), 272–321.
Mayock, T. (2015). Wages, housing prices and commutes . Real Estate Economics , 44 (1), 258–300.Read, D. C. , & Leland, S. (2015). A gendered perspective on local economic development: differences in the perceived importance of public services in the business recruitment process . Administration & Society , 51 (2), 175–196.Tanellari, E., Bosch, D. J., Boyle, K. , & Mykerezi, E. (2015). On consumers’ attitudes and willingness to pay for improved drinking water quality and infrastructure . Water Resources Research , 51 (1), 47–57.
Zhang, C., Boyle, K. J. , & Kuminoff, N. V. (2015). Partial identification of amenity demand functions . Journal of Environmental Economics and Management , 71 , 180–197.
Andersson, F., & Mayock, T. (2014a). How does home equity affect mobility? Journal of Urban Economics , 84 , 23–39.
Andersson, F., & Mayock, T. (2014b). Loss severities on residential real estate debt during the Great Recession . Journal of Banking and Finance , 46 , 266–284.
Boatwright, J., Stephenson, K., Boyle, K. , & Nienow, S. (2014). Subdivision infrastructure affecting storm water runoff and residential property values . Journal of Water Resources Planning and Management , 140 (4), 524–532.
Cohen, J., Blinn, C. E., Boyle, K. J. , Holmes, T. P., & Moeltner, K. (2014). Hedonic Valuation with Translating Amenities: Mountain Pine Beetles and Host Trees in the Colorado Front Range . Environmental and Resource Economics , 63 (3), 613–642.
Ihlanfeldt, K. R., & Mayock, T. (2014a). The impact of REO sales on neighborhoods and their residents . Journal of Real Estate Finance and Economics , 53 (3), 282–324.
Ihlanfeldt, K. R., & Mayock, T. (2014b). The Variance in Foreclosure Spillovers across Neighborhood Types . Public Finance Review , 44 (1), 80–108.
Li, X., Preisser, E. L., Boyle, K. J. , Holmes, T. P., Liebhold, A. M., & Orwig, D. A. (2014). Potential social and economic impacts of the Hemlock woolly Adelgid in Southern New England . Southeastern Naturalist .
Clements, S. , Ziobrowski, A. J., & Holder, M. E. (2011). Lumber futures and timberland investment . Journal of Real Estate Research , 33 (1), 49–72.Gibler, K. M., & Clements, J. S. (2011). Testing a forecast model to predict movement of older Americans into retirement housing . International Journal of Housing Markets and Analysis , 4 (1), 18–30.
Boyle, K. J. , Kuminoff, N. V., Zhang, C., Devanney, M., & Bell, K. P. (2010). Does a property-specific environmental health risk create a “neighborhood” housing price stigma? Arsenic in private well water . Water Resources Research , 46 (3).Cashman, G. D., Harrison, D. M., Seiler, M. J., & Sheng, H. (2016). Cross-Border investment and firm liquidity . The Journal of Real Estate Portfolio Management , 22 (2), 105–127.
Ihlanfeldt, K. R., & Mayock, T. (2010a). Crime and housing prices . In Edward Elgar Publishing eBooks .
Ihlanfeldt, K. R., & Mayock, T. (2010b). Information, search, and house prices: revisited . Journal of Real Estate Finance and Economics , 44 (1–2), 90–115.
Ihlanfeldt, K. R., & Mayock, T. (2010c). Panel data estimates of the effects of different types of crime on housing prices . Regional Science and Urban Economics , 40 (2–3), 161–172.
Sah, V., Gallimore, P., & Clements, J. S. (2010). Experience and real estate investment decision‐making: a process‐tracing investigation . Journal of Property Research , 27 (3), 207–219.
Zhang, C., & Boyle, K. J. (2010). The effect of an aquatic invasive species (Eurasian watermilfoil) on lakefront property values . Ecological Economics , 70 (2), 394–404.
Zhou, X., & Clements, S. (2010). The inflation hedging ability of real estate in China . The Journal of Real Estate Portfolio Management , 16 (3), 267–277.
Cheung, R., Ihlanfeldt, K. R., & Mayock, T. (2009a). The incidence of the land use Regulatory tax . Real Estate Economics , 37 (4), 675–704.
Cheung, R., Ihlanfeldt, K. R., & Mayock, T. (2009b). The regulatory tax and house price appreciation in Florida . Journal of Housing Economics , 18 (1), 34–48.
Ihlanfeldt, K. R., & Mayock, T. (2009). Price discrimination in the housing market . Journal of Urban Economics , 66 (2), 125–140.
Neumann, B. C., Boyle, K. J. , & Bell, K. P. (2009). Property price effects of a national wildlife refuge: Great Meadows National Wildlife Refuge in Massachusetts . Land Use Policy , 26 (4), 1011–1019.
Rabianski, J., Gibler, K. M., Clements, S. , & Tidwell, O. A. (2009). Mixed-Use Development and Financial Feasibility: Part I - Economic and Financial Factors . Real Estate Issues , 34 (1), 11-17.
Rabianski, J., Gibler, K. M., Clements, S. , & Tidwell, O. A. (2009). Mixed-Use Development and Financial Feasibility: Part II - Physical, Phasing, Design and Public Policy Factors . Real Estate Issues , 34 (2), 1-5.
Rabianski, J., Gibler, K. M., Tidwell, O. A., & Clements, J. S. (2009). Mixed-Use Development: a call for research . Journal of Real Estate Literature , 17 (2), 205–230.
Gibbs, J. P., Halstead, J. M., Boyle, K. J. , & Huang, J. (2002). An hedonic analysis of the effects of lake water clarity on New Hampshire lakefront properties . Agricultural and Resource Economics Review , 31 (1), 39–46.
Paterson, R. W., & Boyle, K. J. (2002). Out of sight, out of mind? Using GIS to incorporate visibility in hedonic property value models . Land Economics , 78 (3), 417–425.
Boyle, K. J. , & Taylor, L. O. (2001). Does the Measurement of Property and Structural Characteristics Affect Estimated Implicit Prices for Environmental Amenities in a Hedonic Model? Journal of Real Estate Finance and Economics , 22 (2/3), 303–318.Poor, P. J., Boyle, K. J. , Taylor, L. O., & Bouchard, R. (2001). Objective versus Subjective Measures of Water Clarity in Hedonic Property Value Models . Land Economics , 77 (4), 482–493.
