The emergence of large institutional investors in local housing markets is growing concern to policymakers and planners. This study examines how their growing market presence in the single-family detached market has impacted the homeownership. Leveraging both spatial and temporal variations in...

This study evaluates the effects of GSE mortgage purchase activity on homeownership and housingconditions among communities that are the focus of the 1992 GSE Act and the HUD affordablehousing goals. To identify GSE effects, the test framework exploits differences in the definition...