Joseph Gyourko Faculty Profile
Joseph Gyourko
Martin Bucksbaum Professor of Real Estate and Finance
Chairperson, Real Estate Department
Director, Samuel Zell and Robert Lurie Real Estate Center
PhD, University of Chicago, 1984; AB, Duke University, 1978
Research Areas
Real estate finance; urban and real estate economics; housing markets
Recent Consulting
Private equity investing in real estate; real estate securities and valuation issues; housing market analysis
Current Projects
Land use regulations and housing affordability; superstar cities and house prices in coastal markets; commercial real estate cycles
Academic Positions Held
Wharton: 1984-present; (Chairperson, Real Estate Department, 2007-present; Chairperson, Real Estate Department, 2000-2003; Acting Chair, Real Estate Department, 1999-2000; Director, Samuel Zell and Robert Lurie Real Estate Center, 1998-present; Research Director, Wharton Real Estate Center, 1993-95; Associate Director, Wharton Real Estate Center, 1992-93). Visiting appointment: University of California, Los Angeles
Other Positions
Visiting Scholar, Federal Reserve Bank of Philadelphia, 1989-90, 1996-97
Professional Leadership 2005-2009
Editorial Boards: Journal of Urban Economics; Real Estate Finance and Economics; Journal of Regional Science; Research Associate, National Bureau of Economic Research, Public Economics Program
Corporate and Public Sector Leadership 2005-2009
Trustee and Academic Fellow, Urban Land Institute; Trustee, EII Realty Securities, Inc.; Executive Committee, Philadelphia District Council of the Urban Land Institute; Trustee, Max and Marian Farash Foundation
Representative Publications
Urban Decline and Durable Housing” Journal of Political Economy 113.2 (2005): 345-375.
"A New Measure of the Local Regulatory Environment for Housing Markets”, Urban Studies 45.3 (2008): 693-729.
"The Structure of Local Public Finance and the Quality of Life." Journal of Political Economy 99.4 (August 1991).
Professional Leadership 2005-2009
Editorial Boards: Journal of Urban Economics; Real Estate Finance and Economics; Journal of Regional Science;
Research Associate, National Bureau of Economic Research, Public Economics Program
Corporate and Public Sector Leadership 2005-2009
Trustee and Academic Fellow, Urban Land Institute; Trustee, EII Realty Securities, Inc.; Senior Advisor and Director, AMC Delancey Group; Executive Committee, Philadelphia District Council of the Urban Land Institute
Representative Publications
Urban Decline and Durable Housing” Journal of Political Economy 113.2 (2005): 345-375.
"Why is Manhattan So Expensive? Regulation and the Rise in House Prices.” Journal of Law and Economics 48.2: 331-370 (2005).
"The Structure of Local Public Finance and the Quality of Life." Journal of Political Economy 99.4 (August 1991).
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