When do retail non-compete agreements help versus hurt market competition?
Camilla Schneier scraped thousands of documents from Chicago's county recorder office and found something unexpected about exclusive dealing contracts in real estate.
These agreements - where retailers tell landlords "don't rent to my competitors" - were overall pro-competitive in Chicago. But Camilla's framework examines when they might flip to anti-competitive.

Key insights:

• Contracts are highly heterogeneous and very local in scope

• Effects depend entirely on context - "aren't always good at every point"

• Different retailers block completely different competitor types
Disclaimer: The audio of the intro and the outro was generated using a text-to-speech model.
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When Zillow exited the iBuying market in 2021, many wondered if instant home sales were fundamentally flawed. In this episode of The Property Pod, guest host Cloé Garnache speaks with So Hye Yoon, economics PhD candidate at Princeton, whose research reveals the real problem wasn't bad algorithms – it was information asymmetry. So Hye proposes revenue-sharing contracts and AI-powered text analysis as solutions that can make iBuying profitable and sustainable.

Disclaimer: The audio and the transcript of the intro and the outro were generated using AI.

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Why don't profitable green building investments often don't happen?

Martin Schmalz explores PACE financing with Brian Lancaster (Senior Lecturer, Columbia Business School and University of Oxford) and Cameron LaPoint (Assistant Professor, Yale School of Management).

PACE is a mechanism that makes loan payments run with the property like taxes, solving important problems for green investments. In Florida, PACE loans increased home values 20-25% and cut insurance premiums 50%. Surprisingly, 60% of funding goes to disaster-proofing, not traditional energy efficiency.

Disclaimer: The audio for the intro and the outro were generated using AI.

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