Josh Coven
@josh_coven
PhD student in Finance @NYUStern. Interested in real estate, urban economics, household finance, and industrial organization.
1/ Excited to share a thread about my JMP: The Impact of Institutional Investors on Homeownership and Neighborhood Access joshuacoven.github.io/assets/JoshuaC…

In a recent paper, we simulate exactly the effects of this kind of capital gains removal! In steady state, it would improve homeownership by young households, by alleviating lock-in and encouraging downsizing by elderly households.
BREAKING: Rep. Marjorie Taylor Greene has introduced the “No Tax on Home Sales Act,” a sweeping proposal to "eliminate the federal capital gains tax on home sales."
Great job market candidate at NYU Stern—Courtney Wiegand—finds clever exogenous fiscal shocks to Debt/GDP which impact stocks, real bond yields (multiplier), and inflation. Stronger cash flow effects when we are at the zero lower bound. dropbox.com/scl/fi/5pl7owy…