When Foreigners Buy Second-Homes in the USTop of Mind with Julie Rose • Season 1, Episode 612, Segment 5
Aug 8, 2017 • 16m
Guest: Stijn Van Nieuwerburgh, PhD, Professor of Finance, Director at Center for Real Estate Finance Research, New York University
There’s a strange trend in the housing real estate market in New York, Florida and California: the market is booming, prices are rising, but some apartment buildings and neighborhoods feel like ghost towns. What’s going on here?