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About Steven
Steven C. Bourassa is a leading scholar in real estate economics and urban planning. He earned his Ph.D. in city and regional planning from the University of Pennsylvania. Currently, he serves as Chair of the Runstad Department of Real Estate, Jon and Judith Runstad Endowed Professor, and Director of the Washington Center for Real Estate Research at the University of Washington. From 2014 to 2022, he was the Henry D. Epstein Professor and Chair of the Department of Urban and Regional Planning at Florida Atlantic University. Prior roles include KHC Real Estate Research Professor and Chair of the Department of Urban and Public Affairs at the University of Louisville, as well as department chair positions at the University of Auckland and the University of Louisville, with earlier appointments at the Australian National University, University of Sydney, and University of Memphis.
Bourassa's research focuses on urban housing and land markets and policy, encompassing housing tenure, residential property valuation, property taxation, housing affordability, low-income housing policy, community land trusts, and public land leasehold systems. He has published numerous articles in top journals including the Journal of Housing Economics, Journal of Real Estate Finance and Economics, Journal of Real Estate Research, Journal of Urban Economics, Real Estate Economics, Regional Science and Urban Economics, and Urban Studies. Key publications include the co-edited book Leasing Public Land: Policy Debates and International Experiences (Lincoln Institute of Land Policy, 2003), 'Do housing submarkets really matter?' (453 citations), 'Defining Housing Submarkets' (449 citations), 'Spatial Dependence, Housing Submarkets, and House Price Prediction' (314 citations), and 'What's in a View?' (310 citations). His contributions have earned him the International Real Estate Society's Award for Achievement in International Real Estate Research (2014), the society's Research Achievement Award, and Fellowship in the Weimer School of Advanced Studies in Real Estate and Land Economics. He serves on the editorial boards of eight real estate journals, was past President of the International Real Estate Society, and is Treasurer of the American Real Estate and Urban Economics Association, influencing policy and academic discourse in housing and real estate.
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