Web Event

10th Annual Housing Conference

Wednesday, November 17, 2021 | 11:00 AM ET to Thursday, November 18, 2021 5:15 PM ET

You must register to attend this conference. A link to attend the virtual conference will be emailed to all registrants closer to November 17.

Event Summary

On November 17 and 18, the AEI Housing Center hosted its 10th annual housing conference, a two-day virtual conference. Rep. French Hill (R-AR) presented opening remarks on Congress’ housing reform efforts, and AEI’s Edward J. Pinto presented on the current bout of inflation. The other panels on November 17 focused on the state of the housing market, walkable-oriented development, the history of mortgage lending and risk, and the wealth-building home loan and the low-income first-time-homebuyer programs.

The second day of the conference highlighted AEI Housing Center research regarding claims of systemic racism in housing. Mr. Pinto and AEI’s Tobias J. Peter focused on the 2018 Brookings Institution study “The devaluation of assets in Black neighborhoods,” Freddie Mac’s research note “Racial and ethnic valuation gaps in home purchase appraisals,” and The Markup/Associated Press report “How we investigated racial disparities in federal mortgage data.” These analyses attribute large race-based differences in home values, home purchase appraisals, and mortgage decline rates to widespread racial bias, but the AEI Housing Center finds they are actually due largely to socioeconomic status (SES) differences. Recognizing SES factors is key to addressing systemic disadvantage.

After that, an interdisciplinary group of scholars offered policy solutions aimed at housing, family formation, intergenerational wealth, and educational attainment. The discussion focused on providing economically sound opportunities for lower-income households to build income and grow wealth.

— Hannah Florence

Event Description

Join AEI for the 10th annual housing conference, a two-day virtual conference. On the first day, AEI experts will share lessons learned from their efforts to objectively measure housing market trends and apply them to today’s market conditions. Panelists will discuss groundbreaking housing data, walkable-oriented development, and the history of mortgage lending and risk.

The second day will focus on AEI Housing Center research regarding claims of systemic racism in housing. A focus will be a heavily cited 2018 Brookings Institution study, “The Devaluation of Assets in Black Neighborhoods,” which attributes large race-based differences in home values to systemic racism, but the AEI Housing Center finds they are actually due largely to socioeconomic status (SES) differences. Recognizing SES factors is key to addressing systemic disadvantage.

This day will bring together an interdisciplinary group of scholars who will offer policy solutions aimed at housing, family formation, intergenerational wealth, and educational attainment. The focus will be on providing economically sound opportunities for lower-income households to build income and grow wealth.

Session Videos and Slide Decks

Day 1,  Welcome Remarks, Presentation by Rep. French Hill & Panel I: Housing market update
Sissi Li and Tobias Peter Housing Market Update PPT
Ed Pinto Bonus Panel: Inflation Will Not Be Transitory PPT

 

Day 1, Panel II: Walkable-oriented development
Arthur Gailes Walkable Oriented Development PPT

 

Day 1, Panel III: A quarter century of mortgage risk (begins at 1:24:17)
Steve Oliner A Quarter Center of Mortgage Risk PPT

 

Day 1, Panel IV: Wealth Building Home Loan and LIFT Home
Ed Pinto LIFT Home PPT

 

Day 2, Opening Remarks, Presentation by Robert Doar & Panel I: The AEI Housing Center’s findings on systemic racism and discrimination in property values, appraiser practices, and mortgage lending
Tobias Peter and Ed Pinto Systemic Bias or Systemic Disadvantage PPT

 

Day 2, Panel II: Housing and neighborhood solutions (begins at 1:31:14)
Ed Pinto and Tobias Peter Housing Solutions PPT

 

Day 2, Panel III: Higher education and workforce development

 

Day 2, Panel IV: K–12 education, education access, and university preparation

 

Day 2, Panel V: Family structure
Isabel Sawhill The Effects of Marriage on Children’s Outcomes PPT
James Heckman The Lasting Effects of Early Childhood Education PPT
Wendy Wang Family Trends PPT

 

Day 2, Panel VI: The state of upward mobility (begins at 48:56)

Agenda

Nov. 17

11:00 AM
Welcoming remarks

Presenters:
Stephen D. Oliner, Senior Adviser, AEI Housing Center, AEI
Tobias J. Peter, Director of Research, AEI Housing Center, AEI
Edward J. Pinto, Director, AEI Housing Center, AEI

11:10 AM
Presentation:
French Hill, Representative (R-AR 2nd District)

11:45 AM
Panel I: Housing market update

Presenter:
Sissi Li, Manager of Data and Analytics, AEI Housing Center, AEI
Tobias Peter, Director of Research, AEI Housing Center, AEI

Q&A

12:45 PM
Break

1:00 PM
Panel II: Walkable-oriented development

Presenter:
Arthur Gailes, Senior Data Analyst, AEI Housing Center, AEI
Tobias Peter, Director of Research, AEI Housing Center, AEI

Discussant:
Dave Kleis, Mayor, City of St. Cloud, MN
Philip Wharton, Chief Investment Officer, Twining Properties

Q&A

2:00 PM
Panel III: A quarter century of mortgage risk

Presenter:
Stephen D. Oliner, Senior Adviser, AEI Housing Center, AEI

Q&A

3:00 PM
Break

3:15 PM
Panel IV: Wealth Building Home Loan and LIFT Home

Presenter:
Edward J. Pinto, Director, AEI Housing Center, AEI

Q&A

4:15 PM
Day 1 wrap-up

4:30 PM
Adjournment

Nov. 18

11:00 AM
Opening remarks:
Brent Orrell, Senior Fellow, AEI
Edward J. Pinto, Director, AEI Housing Center, AEI

11:15 AM
Opening presentation

Presenter:
Robert Doar, President, AEI

11:45 AM
Introduction:
Brent Orrell, Senior Fellow, AEI

11:50 AM
Panel I: The AEI Housing Center’s findings on systemic racism and discrimination in property values, appraiser practices, and mortgage lending

Presenters:
Tobias Peter, Director of Research, AEI Housing Center, AEI
Edward J. Pinto, Director, AEI Housing Center, AEI

12:30 PM
Panel II: Housing and neighborhood solutions

Presenters:
Salim Furth, Senior Research Fellow, Mercatus Center at George Mason University
Howard Husock, Senior Fellow, AEI
Tobias Peter, Director of Research, AEI Housing Center, AEI
Edward J. Pinto, Director, AEI Housing Center, AEI

1:15 PM
Break

1:30 PM
Panel III: Higher education and workforce development

Presenters:
Beth Akers, Senior Fellow, AEI
Mason M. Bishop, Adjunct Fellow, AEI
Rachel Lipson, Director of Project on Workforce, Harvard University
Brent Orrell, Senior Fellow, AEI

2:15 PM
Break

2:30 PM
Panel IV: K–12 education, education access, and university preparation

Presenters:
John P. Bailey, Nonresident Senior Fellow, AEI
Robert Pondiscio, Senior Fellow, AEI
Ian Rowe, Senior Fellow, AEI
Nat Malkus, Senior Fellow and Deputy Director, Education Policy Studies, AEI

3:15 PM
Break

3:30 PM
Panel V: Family structure

Presenters:
James Heckman, University of Chicago, The Henry Schultz Distinguished Service Professor in Economics, Director of the Center for the Economics of Human Development
Angela Rachidi, Senior Fellow and Rowe Scholar, AEI
Isabel Sawhill, Senior Fellow, Brookings Institution
Wendy Wang, Director of Research, Institute for Family Studies

4:15 PM
Panel VI: The state of upward mobility

Presenters:
Nathaniel Hendren, Professor of Economics, Harvard University, Founding Co-Director, Equality of Opportunity Project
Michael R. Strain, Director, Economic Policy Studies, AEI
Ryan Streeter, Senior Fellow; Director, Domestic Policy Studies, AEI
Scott Winship, Director, Poverty Studies, AEI

5:00 PM
Day 2 wrap-up

5:15 PM
Adjournment

Contact Information

Event: Hannah Florence | [email protected] | 740.816.7271
Media: [email protected] | 202.862.5829.

Panelist(s)

Robert Doar

President
AEI

Stephen D. Oliner

Senior Adviser, AEI Housing Center
AEI

Brent Orrell

Senior Fellow
AEI

Tobias J. Peter

Director of Research, AEI Housing Center
AEI

Edward J. Pinto

Director, AEI Housing Center
AEI

Michael R. Strain

Director, Economic Policy Studies
AEI

Howard Husock

Senior Fellow
AEI

Scott Winship

Director, Poverty Studies
AEI

Salim Furth

Senior Research Fellow
Mercatus Center at George Mason University

James J. Heckman

The Henry Schultz Distinguished Service Professor in Economics &
Director of the Center for the Economics of Human Development, University of Chicago

Ian Rowe

Senior Fellow
AEI

Beth Akers

Senior Fellow
AEI

Mason M. Bishop

Adjunct Fellow
AEI

Angela Rachidi

Senior Fellow and Rowe Scholar
AEI

Nat Malkus

Senior Fellow and Deputy Director, Education Policy Studies
AEI

Isabel Sawhill,

Senior Fellow
Brookings Institution

John P. Bailey

Nonresident Senior Fellow
AEI

Nathaniel Hendren

Professor of Economics, Harvard University
Founding Co-Director, Equality of Opportunity Project

Ryan Streeter

Senior Fellow; Director, Domestic Policy Studies
AEI

Rachel Lipson

Director of Project on Workforce
Harvard University

Sissi Li

Manager of Data and Analytics, AEI Housing Center
AEI

Arthur Gailes

Senior Data Analyst, AEI Housing Center
AEI

Dave Kleis

Mayor
City of St. Cloud, MN

Robert Pondiscio

Senior Fellow
AEI

Philip Wharton

Chief Investment Officer
Twining Properties

French Hill

Representative (R-AR 2nd District)

Wendy Wang

Director of Research
Institute for Family Studies

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