Professor of economics; director of research, Center for Real Estate
areas of expertise: employment decentralization within metropolitan areas and its impact on congestion, wages and house prices, expectations and fluctuations in real estate markets: housing vs. commercial investment, public finance, urban economics, location decisions of jobs and residences, cyclic behavior of real estate, economic competition between regions for economic growth, provision of state and local public services applied microeconomics
William Wheaton is a professor at MIT holding a joint appointment in the Department of Economics and Department of Urban Studies and Planning.
An authority on regional economics, he is a principal in a consulting firm that provides market analyses for development companies active in the market for commercial space. A member of the MIT faculty since 1972, Wheaton helped to develop the field of urban economics by pioneering the theory of how land, location and housing markets jointly operate. In the last few years, Wheaton has been actively applying economic research to the real estate industry.
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