Robert E. Wangard Professor in Real Estate, PhD, CRE, FRICS
Professor and Chairman, Department of Real Estate and Urban Land Economics
Wisconsin School of Business

Grainger Hall , #5259
975 University Avenue
Madison, WI 53706-1323
US Voice and Fax: (+1) 608 262-7867
Email: fom at bus.wisc.edu
My profile on LinkedIn

Latest news:

• With colleagues Morris Davis and Steve Malpezzi, we are pushing for changes to the Obama administration's response to the housing foreclosure crisis. The details of our plan are here. Morris has been very instrumental lately in moving our plan forward in Washington.
• We are opening a new path to leadership in the global real estate industry in partnership with leading business schools around the world: The Global Real Estate Master
• On October 6, I gave a lecture to a general audience based on my 15 years of research on the housing market. I used my personal housing market experience to highlight key lessons from my research and make the lessons relevant to every one. The video and slides are here

Affiliations beyond the Wisconsin School of Business

• Fellow of the Royal Institution of Chartered Surveyors
• Counselor of Real Estate
• Affiliated Professor, Department of Economics, University of Wisconsin - Madison
• Research Fellow, Toulouse School of Economics
• Research Fellow, CESIfo
• Member Academic Circle, AFIRE, lead investigator for the Annual Member Survey
• Member of the Conseil Economique du Dévelopement Durable, Ministère de l'Ecologie, de l'Energie, du Dévelopement Durable et de l'Aménagement du Territoire, French Government.

Selected Academic Publications

• “The Relative Performance of Real Estate Marketing Platforms: MLS versus FSBOMadison.com.” with Igal Hendel and Aviv Nevo, American Economic Review, forthcoming. Featured on the front page of the New York Times [Link]
• “Heterogeneity within Communities: A Stochastic Model with Tenure Choice” with Sven Rady,  Journal of Urban Economics, 64:1–17, July 2008, lead article.
• “Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints,” with Sven Rady, The Review of Economic Studies, 73:459-485, April 2006.

Selected Policy Publications

• “Immobilier: libérons la mobilité!,” Les Echos, 21 May 2008. [Download]
• “What’s Really Happening in Housing Markets?” with Morris A. Davis and Peter Rupert,  Economic Commentary, Federal Reserve Bank of Cleveland, July 2007. [Download]
• Politique Agricole: un Modèle Européen, with Louis-Pascal Mahé, Presses de la Fondation Nationale des Sciences Po, Collection Académique, Paris, France, 2001.
  Book review in English (European Review of Agricultural Economics)
  Japanese translation published Spring 2003

Selected Presentations to Real Estate Audiences

• Keynote Wrap-Up session, MIPIM, Cannes, March 2009, shared with Janice Stanton [See bottom of this page for slides and video summary]
• “AFIRE Investor Survey: What a Difference a Year Makes,” New York, February 2009 [More here]
• “Le Logement en France: Une Autre Analyse des Problèmes et des Solutions,” Les Matinées Prospectives de l'IEIF, Paris, 22 Janvier 2009.[Link]

Member of the Editorial Board

• Journal of Urban Economics
• Journal of Housing Economics