Social Networks and Housing Markets

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National Association of Realtors

500 New Jersey Avenue Northwest

Chesapeake Room, 2nd Floor

Washington, DC 20001

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REALTOR® University Speaker Series:

Social Networks and Housing Markets



Speaker: Dr. Johannes Stroebel

Associate Professor of Finance, New York University Stern School of Business


In this presentation, Dr. Stroebel will present a research on how house price changes occurring within the geographical area of an individual’s social network impact his/her perception of property prices and the decision to purchase real estate. The authors use a dataset that links anonymized social network information from Facebook users who lived in Los Angeles in 2010 to individual-level demographic and housing transactions data and survey data about the individual’s beliefs about housing market investments.

Dr. Stroebel is Associate Professor of Finance at the NYU Stern School of Business, where he is also the Director of the Household Finance Program. He is also affiliated with the National Bureau of Economic Research, CESifo (Germany-based), and the Center for Economic Policy Research (U.K.-based). His research on asymmetric information in the housing market, housing bubbles, the regulation of consumer financial products, and the impact of climate change on housing has been published in journals such as the Journal of Finance, the Quarterly Journal of Economics, and Econometrica, among others.

Dr. Strobel holds a Ph.D in Economics from Stanford University and a B.A.in Philosophy, Politics, and Economics from Merton College, Oxford, where he graduated with First Class Honors. His full research can be accessed here, and his CV can be viewed here.


Light lunch will be served from 11:45 a.m.


Webinar link is forthcoming.


For additional information, please contact:

Danielle Hale

Managing Director, Housing Research

National Association of REALTORS®

500 New Jersey Ave, NW, Washington, D.C. 20001


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National Association of Realtors

500 New Jersey Avenue Northwest

Chesapeake Room, 2nd Floor

Washington, DC 20001

View Map

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