Photo of Susan M Wachter

Susan M Wachter

Albert Sussman Professor of Real Estate

Professor of Finance

Research Interests: housing finance, real estate economics, urban economics

Links: CV, Personal Website


  • Adam Levitin, Susan M Wachter (Work In Progress), Second-LIens and the Leverage Option.
  • Susan M Wachter, Lawrence Brown, Nagaraja, C. (2014), (forthcoming) Repeat Sales House Price Index Methodology, Journal of Real Estate Literature
  • Andrey D. Pavlov, Eva M. Steiner, Susan M Wachter (2014), Macroeconomic Risk Factors and the Role of Mispriced Credit in the Returns from International Real estate Securities, Real Estate Economics  
  • Susan M Wachter (Work In Progress), The Housing and Credit Bubbles in the US and Europe: A Brief Comparison.  Abstract
  • Susan M Wachter (Work In Progress), The Market Structure of Securitisation and the US Housing Bubble.  Abstract
  • Susan M Wachter, Arthur Acoca, Shahana Chattaraj (Work In Progress), Urban Governance and Development of Informality in China and India.  Abstract
  • Susan M Wachter, Andrey Pavlov, Eva M. Steiner (Work In Progress), Real Estate Investment and Leverage: In Good Times and in Bad.  Abstract
  • Susan M Wachter, Daniel Raff, Se Yan (2013), Real Estate Prices in Beijing, 1644 to 1840, Explorations in Economic History, Volume 50, 335 - 462.  Abstract
  • Susan M Wachter, Adam Levitin (2013), The Commercial Real Estate Bubble, Harvard Business Law Review, 3 (Summer 2013), 83 - 118.
  • Susan M Wachter, Albert Saiz (2011), Immigration and the Neighborhood, American Economic Journal: Economic Policy, Vol. 3, 169 - 188.  Abstract
  • Susan M Wachter, Andrey Pavlov (2010), Subprime Lending and Real Estate Prices, Real Estate Economics  Abstract
  • Adam Levitin, Susan M Wachter (2010), Explaining the Housing Bubble, Wharton Real Estate Center Working Paper  Abstract
  • Susan M Wachter, Andrey Pavlov (2009), Mortgage Put Options and Real Estate Markets, Journal of Real Estate Finance and Economics, 89-103.  Abstract
  • Susan M Wachter, Grace Wong Bucchianeri (2008), What is a Tree Worth? Green City Strategies and Housing Prices, Real Estate Economics, Vol. 36, 213 - 239.  Abstract
  • Susan M Wachter, Andrey Pavlov (2006), The Inevitability of Market-Wide Underpriced Risk, Real Estate Economics, 479-496.  Abstract