Stijn Van Nieuwerburgh

economist and researcher

11 stories

6 quotes

The projected buildout would be larger relative to the economy than the major U.S. canal, railroad, electrification, highway, and telecommunications investment booms,
  • wrote Columbia Business School professor Stijn Van Nieuwerburgh in a paper delivered at a Brookings Institution event last week
    CNBCcnbc.com/2026/09…
A move from 6 to 7 is a big change,... and it will further dampen an already weak housing market.”
These developments do not imply that financial distress is imminent,
It’s very hard to get the timing right with these big buildouts, and often what ends up happening is we get overexcited and accrue too much debt and then a bunch of these investments go bust,
That amounts to hundreds of dollars’ reduction in mortgage payments,
Cost of living is high, taxes are high, [there is] increasing political polarization, and potentially also increasing climate hazards (such as wildfires in Los Angeles last January, for example),
  • Stijn Van Nieuwerburgh, a professor of real estate and co-director of the Paul Milstein Center for Real Estate at Columbia University, told Newsweek
    Newsweeknewsweek.com/map/shows…

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