Housing Speculation, GSEs, and Credit Market Spillovers
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In 2021, the U.S. Treasury reduced Government Sponsored Enterprises (GSEs) exposure to speculative mortgages. As a result, GSE purchases fell by about 20 percentage points. The policy reduced credit to speculative investors in housing, but increased credit to unaffected parts of the conforming
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美国国家经济研究局创建时间：
2024-03-01
