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In the Media: Nicholas Kacher Explores the Ramifications of Rising Home Prices on Academic Minute Podcast

Assistant Professor of Economics Nicholas Kacher discussed the effects of rising home prices on regional businesses on the Academic Minute podcast, published on Inside Higher Ed. “We find that higher regional home prices boost the creation of entirely new businesses, especially in areas with high homeownership rates, since homeowners’ access to credit increases as the value of their homes rise,” he said.