THE REAL ESTATE MELTDOWN
Robin Dubin, Ph.D. - Associate Professor of Economics at Case Western Reserve University
Friday February 29, 2008
12:30-1:30 p.m.
Crawford Hall - Room 9
Inamori Center
Case Western Reserve University
The recent increase in foreclosures has rocked the financial markets and is a major factor in the U.S. economy’s slide towards recession. Presidential candidates are being challenged to propose solutions. 28,000 homes in Cuyahoga County faced foreclosure in the past two years.
Since earning her Ph.D. from Johns Hopkins University in 1982, Professor Dubin has specialized in studies of the real estate markets, especially factors influencing the price of housing. She is currently researching the factors that cause a household to default on a mortgage, and how foreclosures affect the market price of nearby houses. Could the foreclosure wave grow, feeding on itself? Are there public policy options that could limit the damage? What are the implications for the wider economy? Join us on Friday, February 29, for a wide-ranging discussion of one of the most important issues about our current economy.
The Friday Lunch is a brown-bag event open to all. Cookies and some beverages are provided.
The remainder of this e-mail reports what we know about the schedule for the
rest of the semester. We will be sending out announcements each week. If you
would prefer not to receive the announcements, please inform Dr. Andrew Lucker,
Associate Director of the Center for Policy Studies, by e-mail (andrew.lucker@case.edu).
About Our Guest
Robin Dubin has been analyzing foreclosure data and housing sales in Cleveland. The recent increase in foreclosures has rocked the financial markets. What factors lead a household to default on its mortgage? And how do foreclosures affect the prices of nearby houses? Clearly, the two questions are related, since, if the market price of the house is less than the principal remaining on the mortgage, the borrower has little incentive to repay the loan. Professor Dubin received her B.A. from Case Western Reserve University in 1975 and her Ph.D. from John Hopkins University in 1982.
Part Time Election Positions Available
The Cuyahoga County Board of Elections is looking for some part time help for the March 4th Ohio primary. There are two positions available, ballot drop off assistant and ballot drop off captain. For more information click here. (pdf)
Friday Lunch and Other Public Affairs Upcoming Topics and Speakers:
February 29: Robin Dubin, Associate Professor of Economics at Case Western Reserve University, will discuss, "The Real Estate Meltdown."
March 7: Peter J. Whitehouse MD PhD. Professor of Neurology and Cognitive Science. “The Myth of Alzheimers.”
March 21: J. Adin "Jay" Mann, Professor of Chemical Engineering: "Peak Oil."
April 4: Jerry Floersch PhD, LISW, Associate Professor in MSASS, "The Psychosocial and Sociocultural Dimensions of Prescribing Psychiatric Medication to Adolescents."
April 18: Megan Whalen Turner fiction writer for young adults and author of, Instead Of Three Wishes, The Thief, The Queen of Attolia and The King of Attolia; Anne Ursu is the author of the novels Spilling Clarence and The Disapparation of James, Joe White Luxenberg Family Professor of Public Policy and Chair, Department if Political Science, Case Western Reserve University, will discuss, "Moral Dilemmas in Politics and Fiction."
The Friday Lunch discussions are held on the lower (ground) level of
Crawford Hall. Visitors with mobility issues may find it easiest to take advantage of special arrangements we have made. On most Fridays, a few parking spaces in the V.I.P. lot in between Crawford Hall and Amasa Stone Chapel are held for participants in the lunch discussion.
Visitors then can avoid walking up the hill to the first floor of Crawford by entering the building on the ground level, through the garage area under the building. The further door on the left in that garage will be left unlocked during the period before the Friday lunch. On occasion, parking will be unavailable because of other university events.
For more information about these and other Center for Policy Studies programs,
please see http://policy.case.edu.
February 25, 2008
A weekly newsletter published by the Center for Policy Studies, Case Western Reserve University. If you would like to not receive this weekly e-mail or you would like to submit items for inclusion please send a notice to: pubpol@case.edu.
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