Zhu, Bing, Steffen Sebastian, Lingxiao Li, and David H. Downs. "Mortgage Liberalization, the Housing Collateral Effect, and Consumption." In 23rd Annual European Real Estate Society Conference. ERES: Conference. Regensburg, Germany, 2016.

Downs, David H., Steffen Sebastian, and René-Ojas Woltering. "Multiple Arbitrage: Evidence from International Real Estate Markets." In 23rd Annual European Real Estate Society Conference. ERES: Conference. Regensburg, Germany, 2016.

Downs, David H., Miroslava Straska, and Gregory Waller. "Shareholder Activism in REITs." In 23rd Annual European Real Estate Society Conference. ERES: Conference. Regensburg, Germany, 2016.