Covid-19 has affected the way we consume and invest in profound ways, but many would argue that it is the property market that has seen the biggest disruption. A new research paper, by Sitian Liu and Yichen Su, show that the pandemic has led to a substantial shift in housing demand in the United States away from neighbourhoods with high population density. They also find that neighbourhoods with high pre-Covid home values also see a greater drop in housing demand. Big cities lost; smaller cities gained.
The future of the property market
The future of the property market
The future of the property market
Covid-19 has affected the way we consume and invest in profound ways, but many would argue that it is the property market that has seen the biggest disruption. A new research paper, by Sitian Liu and Yichen Su, show that the pandemic has led to a substantial shift in housing demand in the United States away from neighbourhoods with high population density. They also find that neighbourhoods with high pre-Covid home values also see a greater drop in housing demand. Big cities lost; smaller cities gained.