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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16080 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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