Just Released: Press Briefing on the Evolution and Future of Homeownership

Armantier, Olivier; Haughwout, Andrew F.; Koşar, Gizem; Lee, Donghoon; Scally, Joelle; Van der Klaauw, Wilbert

Discussion Paper

Just Released: Press Briefing on the Evolution and Future of Homeownership

Abstract: The New York Fed today held a press briefing on homeownership in the United States, in connection with its release of the 2019 Survey of Consumer Expectations Housing Survey. The briefing opened with remarks from New York Fed President John Williams, who provided commentary on the macroeconomic outlook and summarized the prospects for homeownership. He noted that the labor market remains very strong and that there seems to be little evidence of inflationary pressures, meaning that the economy is on a healthy growth path.

Keywords: homeownership; housing;

JEL Classification: D1;