Non-Primary Home Buyers, Shadow Banking, and the US Housing Market /

This paper studies the US housing market using a proprietary and comprehensive dataset covering nearly 90 million residential transactions over 1998-2018. First, we document the evolution of different types of investment purchases such as those conducted by short-term buyers, out-of-state buyers, an...

Full description

Bibliographic Details
Main Author: Alter, Adrian
Other Authors: Dernaoui, Zaki
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2020.
Series:IMF Working Papers; Working Paper ; No. 2020/174
Online Access:Full text available on IMF