Lambie-Hanson, Lauren; Li, Wenli; Slonkosky, Michael - 2019
We study the house price recovery in the U.S. single-family residential housing market since the outbreak of the … mortgage crisis, which, in contrast to the preceding housing boom, was not accompanied by a rise in homeownership rates. Using … affected investors' access to residential properties, we estimate that the increasing presence of institutions in the housing …