John P. Morgridge Distinguished Chair Professor in Business, Department of Real Estate and Urban Land Economics, Wisconsin School of Business, University of Wisconsin-Madison. Previously served as Provost's Chair Professor of Real Estate and Finance, National University of Singapore (NUS); Director, Institute of Real Estate Studies, and Head of Department of Real Estate, NUS; Professor at University of Southern California; President of American Real Estate and Urban Economic Association; Economist and Expert, United States Office of Federal Housing Enterprise Oversight.