Zurich-Bern Real Estate Finance and Economics Conference 2025
Hosted by the Finance and Economics Departments at the University of Zurich and the Economics Department at the University of Bern
This event marks the beginning of a planned annual series organized by the Universities of Zurich and Bern. The aim of this initiative is to highlight outstanding contributions in real estate finance and urban economics, and to foster interaction among researchers in both fields.
The two-day workshop took place from 12 to 13 June 2025 at the University of Zurich.
Keynote Speakers:
Lu Han (University of Wisconsin-Madison)
Moritz Schularick (Sciences Po, Paris and Institute for the World Economy, Kiel)
Program
Date: THU, 12 June 2025 - FRI, 13 June 2025
Time: 09:00 - 18:30
Location: University of Zurich (UZH), Econ Seminar Room (SOF-G21)
Contact: realestate.workshop@df.uzh.ch
Day 1
09:00 |
Welcome and introduction |
09:15 | 1. Presentation: "Can Stay-at-Home Orders Create a Pandemic Housing Boom?" by Alina Arefeva (Wisconsin-Madison). Discussant: Vera Chau (University of Geneva) |
10:15 | 2. Presentation: "In Search of the Matching Function in the Housing Market" by Cristian Badarinza (NUS). Discussant: Andreas Mueller (UZH) |
11:15 | Coffee Break |
11:45 | 3. Presentation: "Dynamic Urban Economics"by Andrii Parkhomenko (USC). Discussant: Tuuli Vanhapelto (Glasgow) |
12:45 |
Lunch |
14:15 | 4. Presentation: "Why Delay? Understanding the Construction Lag. Aka the Build Out Rate" by Xiaolun Yu (U Reading). Discussant: Olivier Schöni (UNIL, Lausanne) |
15:15 |
5. Presentation: "Price and Prejudice: Housing Rents Reveal Racial Animus" by Andrea Marcucci (USI Lugano). Discussant: Sara Bagagli (LSE) |
17:30 |
1. Public Keynote by Moritz Schularick (IfW Kiel, Sciences Po) |
19:30 |
Dinner |
Day 2
09:00 | 6. Presentation: "Picking Up the PACE: Loans for Residential Climate-Proofing" by Francesco Mazzola (ESCP). Discussant: Rachel Nam (USI) |
10:00 | 7. Presentation: "The Response of Debtors to Rate Changes" by Virginia Gianinazzi (NOVA SBE). Discussant: Lorenz Kueng (USI Lugano) |
11:00 | Coffee Break |
11:30 | 2. Keynote by Lu Han (Wisconsin-Madison) |
12:30 |
Lunch |
14:00 | 8. Presentation: "The Effect of Insurance Premiums on the Housing Market and Climate Risk Pricing" by Shan Ge (NYU, Stern). Discussant: Maxence Valentin (ETH) |
15:00 |
9. Presentation: "Borrowing Constraints and the Rise of the Private Rental Sector" by Ning Jia (Vrije Universiteit Amsterdam). Discussant: Claes Baeckman (Goethe University Frankfurt) |
Download: Program (PDF, 569 KB)
Scientific Committee:
- Francisco Amaral, University of Zurich (UZH)
- Maximilian von Ehrlich, University of Bern (UNIBE)
- Christian Hilber, London School of Economics and Political Science (LSE), University of Zurich (UZH)
- Mathias Hoffmann, University of Zurich (UZH)
- Per Östberg, University of Zurich (UZH)
- Thomas Richter, Zürcher Hochschule für Angewandte Wissenschaften (ZHAW)
In partnership with:

We gratefully acknowledge financial support from the SNSF through the project led by Per Östberg and Thomas Richter (grant # 10000516).
Read more about the SNSF Grant

The UZH Center for Urban & Real Estate Management (CUREM) offers practice-oriented training, in-depth research and valuable networking opportunities in the real estate industry.
Website (in German)