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The Effect of Mortgage Forbearance on House Prices During COVID-19

Elliot Anenberg and Tess C. Scharlemann
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Elliot Anenberg: https://www.federalreserve.gov/econres/elliot-anenberg.htm
Tess C. Scharlemann: https://www.federalreserve.gov/econres/tess-c-scharlemann.htm

No 2021-03-19-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

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.

Date: 2021-03-19
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-03-19-2

DOI: 10.17016/2380-7172.2872

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