The Effect of Mortgage Forbearance on House Prices During COVID-19
Abstract: The contrast between the labor market and house prices during the pandemic has been stark. In this note, we document a strong positive relationship between forbearance takeup and house price growth at the county level, controlling for the unemployment rate and other factors.
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/the-effect-of-mortgage-forbearance-on-house-prices-during-covid-19-20210319.htm
Part of Series: FEDS Notes
Publication Date: 2021-03-19