Skip to main content
Lu Han

Lu Han

Nathan F. Brand Chair in Real Estate
5257 Grainger Hall

About Lu

Lu Han is the Nathan F. Brand Chair Professor in Real Estate and Urban Economics at the Wisconsin School of Business and Faculty Director of the Urban Economics and Real Estate Ph.D. program at the University of Wisconsin-Madison. She is the recipient of the 2024 Erwin A. Gaumnitz Distinguished Faculty Research Award in the Wisconsin School of Business. Her research has been published in top Economics journals such as the Journal of Political Economy and Review of Economic Studies, and top finance journals such as the Review of Financial Studies.

Prior to joining the UW, Professor Han was a Professor and Premier’s Research Chair in Productivity and Competitiveness at the University of Toronto, where she received multiple MBA Teaching and Teaching-in-Excellence awards. She was the Founding Academic Director of the Centre for Real Estate and Urban Economics at the University of Toronto and a Chief Scientist for Behavioural Economics in Action at Rotman(BEAR).

Professor Han currently serves as an Associate Editor for Review of Financial Studies, Journal of Urban Economics, Real Estate Economics, Journal of Housing Economics, and Regional Science and Urban Economics. She served as an Editor for the Real Estate Economics during 2020-2024. She is also the President-Elect of the American Real Estate and Urban Economics Association.

Professor Han holds a Ph.D. in Economics from Stanford University. Her research interests are at the interface of urban economics, market microstructure, industrial organization and real estate finance. She has conducted extensive research on topics such as affordability, sustainability, land use, market microstructure, housing and mortgage policies.

Selected Published Journal Articles

Han, L. & Hong, S. (2024). Cash is king? Understanding financing risk in housing markets Review of Finance

Baum-Snow, N. & Han, L. (2024). The Microgeography of Housing Supply Journal of Political Economy

Han, L. & Lutz, C. & Sand, B. & Stacey , D. (2021). The Effects of a Targeted Financial Constraint on the Housing Market Review of Financial Studies

Zhou, Z. & Chen, H. & Han, L. & Zhang, A. (2021). The Effect of a Subway on House Price: Evidence from Shanghai Real Estate Economics

Han, B. & Han, L. & Zhu, G. (2018). Housing Price and Fundamentals in A Transition Economy — the Case of the Beijing Market International Economic Review

Han, L. & Hong, S. (2016). Understanding In-House Transactions in the Real Estate Brokerage Industry Rand Journal of Economics

Han, L. & Strange, W. (2016). What is the Role of the Asking Price for a House Journal of Urban Economics

Han, L. & Strange, W. (2015). The Microstructure of Housing Markets: Search, Bargaining, and Brokerage Handbook of Regional and Urban Economics

Han, L. & Strange, W. (2014). Bidding Wars for Houses Real Estate Economics

Genesove, D. & Han, L. (2013). A Spatial Look at Housing Boom and Bust Cycles Housing Markets and the Financial Crisis

Han, L. (2013). Understanding the Puzzling Risk-Return Relationship for Housing Review of Financial Studies

Genesove, D. & Han, L. (2012). Search and Matching in the Housing Markets Journal of Urban Economics

Han, L. & Hong, S. (2011). Testing Cost Inefficiency under Free Entry in the Real Estate Brokerage Industry Journal of Business and Economic Statistics

Han, L. (2010). The Effects of House Price Uncertainty on the Life-Cycle Housing Demand Review of Financial Studies

Han, L. (2008). Hedging House Price Risk in the Presence of Lumpy Transaction Costs Journal of Urban Economics

Working Papers

Barwick, P. & Han, L. & Kroah, J. & Zhang, D. Realtor Referrals to Loan Officers: Efficiency or Exploitation?

Presentations

18th North American Meeting of the Urban Economics Association (2024) Can Stay-at-Home Orders Create a Pandemic Housing Boom?

WSB Stories

City trees dominate the foreground of an building skyline.

WSB’s Lu Han Shares Research Expertise: ‘Working in the Real Estate Market Is a Way for Me to Contribute’

As a leading economist, Lu Han, professor of real estate and urban land economics at the Wisconsin School of Business, is in the business of modeling markets and crunching data,…

Meet More Real Estate and Urban Land Economics Faculty

Arif A Qureshi

Arif Qureshi

Senior Lecturer
David J Sliwicki

David J Sliwicki

Lecturer
Christopher Timmins

Christopher Timmins

Professor
Icon of a person

Thomas A Landgraf

Senior Lecturer
Previous faculty
Next faculty