Tracy Turner
Research Fellow
Tracy M. Turner is an associate professor of finance at Iowa State University, where she teaches principles of real estate, market analysis and analytical methods in finance. Turner’s work focuses on the role of homeownership in wealth accumulation and the causes of homeownership instability. More broadly, her research examines the impact of tax policy on housing choices, house price and homeownership determinants, and asset pricing in commercial real estate markets.
Her research has been funded by the U.S. Department of Housing and Urban Development as part of the Urban Scholar program and her work has been published in such academic journals as the Review of Economics and Statistics, Economic Inquiry, Real Estate Economics, Journal of Housing Economics, Journal of Real Estate Research, Journal of Regional Science, Public Finance Review and Journal of International Tax and Public Finance. Turner’s research has been referenced in remarks before the U.S. Senate Committee on Finance and in such media outlets as The Financial Times, The Wall Street Journal, The Washington Post and Marketplace.
Prior to joining the faculty at Iowa State University, Turner was an associate professor of economics at Kansas State University and a consultant to the state of Kansas’ Consensus Revenue Estimating Group. She previously was a visiting scholar at the University of California at Berkeley Goldman School of Public Policy. Turner earned a Ph.D. in economics from the University of California at Davis in 2000.
- The Mortgage Interest Deduction and its Impact on Homeownership Decisions
with Christian Hilber, Review of Economics and Statistics 96(4), October 2014, 618-637 - Homeownership, Wealth Accumulation and Income Status
with Heather M. Luea, Journal of Housing Economics 18, June 2009, 104-114 - Exits from Homeownership: The Effects of Race, Ethnicity and Income
with Marc T. Smith, Journal of Regional Science 49(1), February 2009, 1-32 - Investment Risk and the Transition into Homeownership
with Daigyo Seo, Journal of Regional Science 47(2), May 2007, 229-253 - Does Investment Risk Affect the Housing Decisions of Families?
Economic Inquiry 41(4), October 2003, 675-691