# Professor Stijn Van Nieuwerburgh's joint research on the impact of foreign investment in real estate is featured

1 Faculty News October 17, 2017 ![The Gobe and Mail logo](/sites/default/files/styles/246w/public/assets/images/con_030719.jpg?itok=syM8EjNA)>

Excerpt from [The Globe and Mail](https://beta.theglobeandmail.com/news/british-columbia/out-of-town-investors-inflate-real-estate-prices-and-rent-study-finds/article36637079/) -- "Prof. Favilukis and [Stijn Van Nieuwerburgh](http://www.stern.nyu.edu/faculty/bio/stijn-van-nieuwerburgh), a professor at the New York University Stern School of Business, described Vancouver and New York as 'two poster children of the \[out-of-town\] investor debate' that prompted them to develop their model of investor impact."

[Read more](https://beta.theglobeandmail.com/news/british-columbia/out-of-town-investors-inflate-real-estate-prices-and-rent-study-finds/article36637079/)