Why Aren’t More Renters Becoming Homeowners?
Recent activity in the U.S. housing market has been widely perceived as disappointing.
At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
Andreas Fuster, Basit Zafar, and Matthew Cocci
Recent activity in the U.S. housing market has been widely perceived as disappointing.
Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.
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