Podcast: Steering Clear of Financial Crises

Charles Nathanson, an assistant professor of finance at the Kellogg School, discusses two studies that help explain how house pricing errors and land speculation contribute to housing bubbles.

Craig Furfine, a clinical professor of finance at the Kellogg School, discusses a striking correlation between the complexity of commercial mortgage-backed securities and the performance of the loans that make them up.

David Cocagne, an adjunct professor of real estate at the Kellogg School and the CEO of Vermilion Development, and William Bennett, an adjunct professor at the Kellogg School and founder of Level Office Management, join the podcast to share the strategies developers use to mitigate risk in a boom-and-bust market.