Kevin's Speaking and Consultational Services


I have developed an empirically deep new interpretation of the causes and consequences of the housing bubble and the financial crisis.  The short version of this new understanding is:

Our fundamental economic challenge, and the fundamental cause of the housing bubble, has been a severe shortage of housing, especially in a handful of our most economically successful cities.

Credit growth was mostly along for the ride, or at best, was facilitating the movement of productive households with high incomes into the cities where the housing shortage forces households with low incomes to move away because of rising costs.

Since credit was largely blamed for the bubble and the crisis, and since credit repression has been our main policy response, we simply imposed a demand shock on top of a supply shock.  Two wrongs have not made a right.

I have a thoroughly researched and conceptually complete new explanation of what has happened.  I am able to share this work through oral presentations or consultation to help firms, investors, and policymakers take into account these new findings.


This work contains insights for a number of audiences.

We did not largely experience an unsustainable credit bubble, but instead experienced a localized housing shortage that metastasized into a migration event.  This was the main driver of the extreme shifts in housing prices.  Disruptive monetary and credit policies that were enacted as a response to these events then led to a financial panic and a decade long housing depression.

Homebuilders and real estate developers:
  What does this mean for housing markets and forecasts going forward?
Real estate professionals:
What does this mean for the benefits of homeownership? For the public mission of real estate services?
Real estate investors:
What does this mean for future price volatility vs. past volatility of various markets?  How does credit repression in homeowner markets create opportunities for higher profits and capital gains?
Asset managers:
What does this mean for interest rates vs. yields on real estate investments?  What does this mean for inflation measures, Fed policy, and the business cycle?
Policymakers:
Households with lesser means are ill-served by exclusion.  This includes exclusion through local housing obstructions and exclusion through national credit regulations.  We have become afraid of access.  We have become afraid of real economic growth and investment.  In the name of prudence, safety, and affordability, we have stunted access and growth, which has only made affordability worse.  This is clear with a decade of hindsight.

Here is a link with some information on my presentations.

I can provide oral presentations of this material or consultational services.  I can focus on the empirical details, or I can focus on the broader lessons and the conclusions that can motivate real estate professionals, investors, and advocates to work for better, more inclusive outcomes.

Please e-mail me at idiosyncraticwhisk@gmail.com if you are interested in any of these services.

6 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. I Want To Appreciate Dr OLIHA for his great deeds, I Was Diagnosed With type 2 Herpes Virus Last year, And I Was Looking For Solution To Be Cured Luckily I Saw Testimonies On How Dr OLIHA Cure Herpes Virus I Decided To Contact Dr OLIHA I Contacted Him He Prepared A Herbal Medicine Portion And Sent It To Me, I Started The Herbal Medicine For My Health. He Gave Me Step By Step Instructions On How To Apply It, When I Applied It As Instructed, I Was Cured Of This Deadly Herpes Within 2 weeks, I Am Now Herpes Negative. My Brother And Sister I No That There Are So Many People That Have The Same Herpes Virus Please contact Dr OLIHA To Help You Too, And Help Me To Thank Dr OLIHA For Cure Me, I’m Cured By Dr. OLIHA Herbal Medicine, His Contact Email:{oliha.miraclemedicine@gmail.com} or visit his website is https://olihamiraclemedicine.webs.com/  or  Cell Whatsapp Number +2349038382931 thank you

    ReplyDelete
  3. Greatest thanks to Dr Oyagu for his herbal drugs that he prepared for me and when I start using it in just 2weeks I was completely cured and that ended my HERPES SIMPLEX 1&2 DISEASE i am so happy and grateful to Dr Oyagu . after reading about him on a testimony of Jason Cash on a blogger. I knew suddenly Dr Oyagu was the right Doctor to cure my HERPES SIMPLEX 1&2 DISEASE. I discuss with Dr Oyagu and he prepared a herbal medicine for me and when it got sent to me in south Korean . I used the herbal medicine and 2weeks and i went to check up again. after 15years of suffering from HERPES SIMPLEX 1&2 at last i am smiling once again. Dr Oyagu also has remedy to others disease like COLD SORES,HIV/AIDS,DIABETES.CANCER,HIGH BLOOD PRESSURE AND MANY MORE. I oblige everyone to contact this powerful herbalist Dr Oyagu and be free from your suffering. contact his WhatsApp line: +2348101755322 or visit his Website https://oyaguspellcaster.wixsite.com/oyaguherbalhome Email:Oyaguherbalhome@gmail.com

    ReplyDelete
  4. Thanks for publishing a needy and users’ interesting article, we love to stumble upon this article for future references and would like to share with my students who ask me for online paper help.

    ReplyDelete
  5. Never give up in life they all say no cure to HSV 2 which is a big lie I have pass through many process also i never believe there is really cure to HERPES until I meet Dr.odoma the doctor that have been helping many people for many years, I come across this doctor online when I was searching for cure online I found out about this man, and to my greatest surprise this man have the herbal medicine which I have been looking for years I explain my problem to him through the email I found on someone who testify about him also, Dr.odoma write me a reply and explain how the process work so after ordering for the medicine I got it within 4 days and I took it according to the way Dr.odoma instructed, I was so happy after two week I took the medicine there was very big change in my health when I was done with the process I go for test, I found out I am negative that was the day I have the tears of joy you can also get in contact with my doctor through his website: https://drodomasolutionhome.simdif.com/ or email now drodomasolutionhome20@gmail.com, you can also WhatsApp him +2348100649947. And He also have herbs medicine to cured the following diseases; eczema,urethra wart,chronic problems.Herpes, Cancer, Als,Hepatitis, Diabetes, HPV,Infections,ulcer ETC

    ReplyDelete
  6. Wonderful information sharing with us. Thanks you! Also, We have an expert team that is effective at fixing all the difficulties arising in AOL Mail. AOL has a dedicated page where all the problems befalling AOL email will be resolved quickly. AOL email login page

    ReplyDelete