Plausibly Exogenous [1568] - LTR (05/19/2024)

LHS Variable
House prices

RHS Variable
Entry of Long Term Rental (LTR) companies

Source of Exogenous Variation
Pre-existing product mix in a location in 1990 as a source of exogenous variation in the probability that investors enter a local market

- Gorback, Qian, and Zhu (2024), “Impact of Institutional Owners on Housing Markets”