Christian Hilber

Associate Professor of Economic Geography (Reader); Director of MSc Real Estate Economics & Finance

Department of Geography and Environment


Tel: [+44] (0)20 7107 5016

Room: STC 418a, St Clement's Building, LSE

Dr Christian Hilber joined the department of Geography and Environment in 2003. Prior to this he worked for Fannie Mae in Washington, DC as an economist in their house price research group. From 2000 to 2002 he was a postdoctoral research fellow at the Wharton Real Estate Center, University of Pennsylvania.

An economist by training, Dr Hilber's research interests cover topics such as the role of housing supply for investment in local public schools and social capital, the determinants and consequences of homeownership, the determinants and consequences of land use regulation or the determinants of firm and household location choices.

Dr Hilber's teaching focuses on applied urban and real estate economics, real estate finance, and location and spatial analysis. He is the Director of the MSc Real Estate Economics and Finance at the LSE.

Dr Hilber is an Associate of the Spatial Economics Research Centre (SERC). He advised the HM Treasury on questions related to the economic impact of land use regulation. He is a member of the Advisory Board of CUREM, Zurich and of the Advisory Group, National Housing and Planning Advice Unit, Panel on Sub Regional Geography and Modelling Feasibility. Dr. Hilber won numerous prestigious prizes for his research and teaching including the ERES/RICS Best Paper Award (2008), the ERES/Grosvenor Best Paper Award (2008) and LSE's Major Review Teaching Prize (2009).

  • General interest: Applied urban economics and real estate economics
  • Economics of housing tenure choice
  • Economic and social consequences of homeownership
  • Supply side of housing markets: determinants of the housing supply elasticity, determinants and consequences of land use regulation
  • The role of housing constraints for consumer and retail pricing behaviour
  • Location choices of firms and households
  • Local public finance and education economics
  • Capitalisation of local public goods into property prices and the role of land supply
  • Housing as a financial asset and the role of location specific investment risk

Selected recent publications:

  • 'New Housing Supply and the Dilution of Social Capital', Journal of Urban Economics, 2010, Vol. 67, No. 3, 419-437. (PDF of working paper version)
  • 'Why Do Households Without Children Support Local Public Schools? Linking house price capitalization to school spending,' (with Christopher J. Mayer), Journal of Urban Economics, 2009, Vol. 65, No. 1, 74-90. (PDF of working paper version)
  • 'Office Supply Restrictions in Britain: The political economy of market revenge', (with Paul Cheshire), Economic Journal, 2008, Vol. 118, Issue 529, F185-F221. (PDF of working paper version)
  • 'Explaining the Black-White Homeownership Gap: The role of own wealth, parental externalities and locational preferences', (with Yingchun Liu), Journal of Housing Economics, 2008, Vol. 17, No. 2, 152-174. (PDF of working paper version)
  • 'An Empirical Test of the Theory of Sales: Do household storage constraints affect consumer and store behavior?', (with David Bell), Quantitative Marketing and Economics, 2006, Vol. 4, No. 2, 87-117. (lead article) (PDF of working paper version)
  • 'Neighbourhood Externality Risk and the Homeownership Status of Properties', Journal of Urban Economics, 2005, Vol. 57, No. 2, 213-241.  (lead article) (PDF of working paper version)
  • 'School Funding Equalization and Residential Location for the Young and the Elderly', (with Christopher J. Mayer) Brookings-Wharton Papers on Urban Affairs, 2004, Issue 5, 107-148. (PDF of working paper version)

Dr Hilber's recent working papers, forthcoming publications, other publications and his CV can be viewed on his personal homepage.


Christian Hilber
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