Faculty and Instructors

Wisconsin School of Business

Stephen Malpezzi

Professor, Real Estate Department Chairperson

Professor - Real Estate & Urban Land Economics
Lorin and Marjorie Tiefenthaler Chair of Real Estate

Stephen Malpezzi is the Lorin and Marjorie Tiefenthaler Professor in the Wisconsin School of Business's Department of Real Estate and Urban Land Economics at the University of Wisconsin. Professor Malpezzi is the Academic Director of UW's James A. Graaskamp Center for Real Estate, and has also served as Chair of the Real Estate Department. Steve is an Associate Member of the Department of Urban and Regional Planning, an Affiliate of UW's Institute for Research on Poverty and a Faculty Affiliate of the La Follette School of Public Affairs.


Prior to coming to the University of Wisconsin, Professor Malpezzi was an economist in the Infrastructure and Urban Development Department of the World Bank, and was a Research Associate at The Urban Institute. He has  extensive experience  advising both developed and developing countries on the establishment of effective housing and urban development policies. His active research agenda includes housing policy and programs, and housing market behavior, both domestic and foreign. Professor Malpezzi's teaching specializations include urban economics and real estate economics.  He has, in the past, taught housing economics, public finance, real estate finance and investments, international real estate, macroeconomics, computer methods, and the survey course “The Real Estate Process.”


In addition to his principal current positions as Lorin and Marjorie Tiefenthaler Distinguished Professor, and Academic Director of the James A. Graaskamp Center for Real Estate, Malpezzi is also an associate member of the UW-Madison Department of Urban and Regional Planning, a faculty affiliate of the LaFollette School of Public Affairs, a member of UW's Development Studies faculty, an affiliate of UW's Institute for Research on Poverty, a faculty member of the Weimer School of the Homer Hoyt Institute, and an associate of the Lincoln Institute of Land Policy. He's an active member of UW's working group on World Affairs and the Global Economy. Other memberships include the American Economic Association, the American Real Estate Society, the Regional Science Association, and the European Network for Housing Research.  He is a Distinguished Scholar of the National Association of Industrial and Office Properties, a member of the Columbia University Center for Homelessness Prevention Studies, and Associate Member of the University of St Andrew’s Centre for Housing Research


In addition to the United States, Professor Malpezzi has worked in a number of countries, including Egypt, Ghana, India, Indonesia, Jamaica, Kenya, Korea, Malaysia, Mexico and the United Kingdom. He formerly served on Governor Tommy Thompson's Blue Ribbon Commission on State and Local Partnerships. He has served multiple terms as a director and/or officer (including President) of the American Real Estate and Urban Economics Association.

 

Selected Published Journal Articles


Thomas, M., Malpezzi, S., & Green, R. (2010). Forced Sale Risk: Class, Race and the " Double Discount". Florida State University Law Review (37), 589-658.

Selected Submitted Journal Articles


Malpezzi, S. (2010). US Real Estate and Financial Markets, and the Aggregate Economy: Was the 'Great Recession' Different?. Environment and Planning A

Presentations


International Conference on Housing Policy After the Global Financial Crisis
U.S. Rental Housing Markets and Policy After The Great Financial Crisis

Keynote address to the 25th Anniversary of the Korean Housing Policy Association
Housing Research and Housing Policy: A Perspective from the United States and North America

La Follette School of Public Affairs
Introduction to the World Bank and Official Development Institutions

University of Wisconsin China Economic Forum
Demographics, Urbanization and Development in China: Will China Get Old Before It Gets Rich?

Housing: the next 20 years
Planning, supply responses and housing market performance: An international perspective

Housing: the next 20 years
Plenary Panel on Housing Market and Finance

European Network for Housing Research
Housing Price Dynamics: Demand Shocks, Supply Constraints, and Financial Innovation

Centre for Housing Research
Green Shoots? US Real Estate Markets and Their Effect on the Aggregate Economy

Guest Lecture
International Housing Markets and Policies

Lusk Center for Real Estate
HHousing Price Dynamics: Demand Shocks, Supply Constraints, and Financial Innovation

Annual Meeting
Myths and Realities of Economic Development


Invited discussant for Thomas Nechyba’s Keynote Lecture

NAIOP Annual Meeting
Myths and Realities of Economic Development

Conference on Land Policies for Urban Development
On the Measurement and Analysis of Land Prices

Density and Affordability
House Prices, Density, and Regulation

Editorial Boards


Journal of Housing Economics - Since January 2000
Editorial Board Member

Journal of Housing Economics - Since January 1991
Ad Hoc Reviewer

Journal of Real Estate Finance and Economics - Since January 1990


Journal of Urban Economics - Since January 1990
Ad Hoc Reviewer

Photograph of Stephen Malpezzi

Stephen Malpezzi

Professor, Real Estate Department Chairperson
 
Professor | Real Estate & Urban Land Economics
Lorin and Marjorie Tiefenthaler Chair of Real Estate
(608) 262-6007
5262C Grainger Hall