Faculty News
In an op-ed, retired Professor Jeremy Wiesen makes the case for employers helping employees with housing
—
Excerpt from CNBC -- "Helping employees get over financing hurdles for housing would pump relatively 'lazy' capital on corporate balance sheets directly into the economy. Public corporations have trillions in liquid assets, so the scale and impact of providing housing assistance to employees could be significant. In return, it would be beneficial to companies in a couple of ways: 1) The company would get interest on that loan and 2) It would help companies solicit and retain valuable employees. For example, they could offer employees the convenience of living close to work."
Read more
Read more