Sam Hughes
skhughes.bsky.social
Sam Hughes
@skhughes.bsky.social
Economist in Real Estate Finance. Phd from wharton. UNC for just about everything else

https://sites.google.com/view/skhughes/home
FEDS Note coauthored with Raven Molloy

“Rising Property Insurance Costs and Pass-Through to Rents for Apartment Buildings”

www.federalreserve.gov/econres/note...
Rising Property Insurance Costs and Pass-Through to Rents for Apartment Buildings
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
September 22, 2025 at 4:24 PM
We show evidence of this struggle in the CRE lending sector

www.federalreserve.gov/econres/feds...
August 17, 2025 at 10:30 AM
Reposted by Sam Hughes
Forthcoming in the AER: "Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy" by Elliot Anenberg, Tess Scharlemann, and Eileen van Straelen. www.aeaweb.org/articles?id=...
Borrowing and Spending in the Money: Debt Substitution and the Cash-Out Refinance Channel of Monetary Policy
(Forthcoming Article) - We show that the strong negative effect of higher mortgage rates on cashout refinancing reflects substitution into other borrowing products, not large changes in total new hous...
www.aeaweb.org
August 7, 2025 at 3:57 PM
*FEDS Working Paper*
“No News is Bad News: Monitoring, Risk, and Stale Financial Performance in Commercial Real Estate”
With Joe Nichols

www.federalreserve.gov/econres/feds...
No News is Bad News: Monitoring, Risk, and Stale Financial Performance in Commercial Real Estate
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
April 23, 2025 at 5:56 PM
Reposted by Sam Hughes
NEW: i spoke with several young AmeriCorps volunteers around the country who were abruptly pulled off projects building homes, readying forests for wildfire season, and working at food banks Tuesday afternoon. they are now on their way home thanks to DOGE cuts —
DOGE Cuts Pull AmeriCorps Volunteers Off of Disaster Relief Jobs
The youth volunteers who were working on projects ranging from rebuilding homes destroyed in storms to distributing supplies for hurricane recovery were suddenly pulled from service. Why? DOGE cuts.
www.wired.com
April 16, 2025 at 9:19 PM
Lake & Liu’s paper out in the most recent AEJ:Economic Policy. Local Labor Market Effects of the 2002 Bush Steel Tariffs.

Reduction in steel-intensive or steel-consuming manufacturing employment in the US. No increase in employment in non-steel or non-manufacturing. www.aeaweb.org/articles?id=...
April 2, 2025 at 11:54 AM
Reposted by Sam Hughes
Open call for papers: Measurement of Housing and the Housing Sector — CRIW/NBER Conference, Washington, DC — March 12–13, 2026. Full details and submission link available: https://www.nber.org/calls-papers-and-proposals/measurement-housing-and-housing-sector-criwnber-conference
January 21, 2025 at 2:02 PM