Will the GSEs Repeat 2007 - 2009’s Large Losses?
The Stoop (NYU Furman Center)
NOVEMBER 7, 2022
Specifically, prices reached their pre-2008 peak in 2016 Q2 2 and then kept on rising at a strong pace 3 , with many analysts pointing to the shortage of new construction (both single and multi-family) as the major causal reason. By comparison, median household income was rising from 2016 through 2020 by only 2.6 See [link]. [3]
52 
Let's personalize your content