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Explaining the Midcentury Increase in Housing Prices, Ownership
Don Schlagenhauf, economist at the Federal Reserve Bank of St. Louis, discusses his research on the rise in house prices and home ownership rates from 1940 to 1960. He explains the role of changes in government policy, mortgage financing, productivity and the purchasers' income, age and education.
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By St. Louis Fed
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Don Schlagenhauf, economist at the Federal Reserve Bank of St. Louis, discusses his research on the rise in house prices and home ownership rates from 1940 to 1960. He explains the role of changes in government policy, mortgage financing, productivity and the purchasers' income, age and education.
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