Ten years after the mortgage crisis, the U.S. housing market has rebounded significantly with house prices now near the … peak achieved during the boom. Homeownership rates, on the other hand, have continued to decline. We reconcile the two … homeownership rates between 2007 and 2014. We further demonstrate that institutional investors contributed to the improvement in the …

reasons, anticipating the possibility of income declines and the need to make mortgage payments in future periods. Mortgage …

mortgage crisis, which, in contrast to the preceding housing boom, was not accompanied by a rise in homeownership rates. Using … unemployment rates by increasing local construction employment. However, institutional investors are responsible for most of the … declines in the homeownership rates …