Martin Farnham is an Assistant Professor in the Department of Economics at the University of Victoria, British Columbia. He received his Ph.D. (2005) and M.A. (2000) degrees in Economics from the University of Michigan. He received his BA in economics from Swarthmore College (1994) where he graduated with High Honors. Before attending graduate school he worked at the Jerome Levy Economics Institute in New York. Professor Farnham's research has focused primarily on the housing and residential location choices of older households. While at Michigan, he received a Doctoral Dissertation Research Grant from the U.S. Department of Housing and Urban Development to study the effect of taxation of housing capital gains on the residential mobility. He has investigated the residential location behavior of empty-nest households with respect to local fiscal characteristics, such as property taxes and school spending. Professor Farnham is also interested in the effect of housing wealth gains on the labor supply behavior of older households, and on the effects of local development limits on real estate markets. He is also conducting research on the effect of school district age composition on local K-12 education spending.