G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16080
DP16080 Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate
Arpit Gupta; Vrinda Mittal; Jonas Peeters; Stijn Van Nieuwerburgh
发表日期2021-04-28
出版年2021
语种英语
摘要We show that the COVID-19 pandemic brought house price and rent declines in city centers, and price and rent increases away from the center, thereby flattening the bid-rent curve in most U.S. metropolitan areas. Across MSAs, the flattening of the bid-rent curve is larger when working from home is more prevalent, housing markets are more regulated, and supply is less elastic. Housing markets predict an urban revival with urban rent growth exceeding suburban rent growth for the foreseeable future, as working from home recedes.
主题Financial Economics ; Public Economics
关键词Covid-19 Land values Bid-rent function Working from home
URLhttps://cepr.org/publications/dp16080
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545058
推荐引用方式
GB/T 7714
Arpit Gupta,Vrinda Mittal,Jonas Peeters,et al. DP16080 Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate. 2021.
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