The impact of the COVID-19 pandemic on the demand for density: Evidence from the U.S. housing market

C-Tier
Journal: Economics Letters
Year: 2021
Volume: 207
Issue: C

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the impact of the COVID-19 pandemic on the location demand for housing. We find that the pandemic has led to a shift in housing demand away from neighborhoods with high population density. The reduced demand for density is driven partially by the diminished need for living close to telework-compatible jobs and the declining value of access to consumption amenities. Neighborhoods with high pre-COVID-19 home values also see a greater drop in housing demand. Moreover, we find a significant shift in housing demand away from large cities, though the magnitude is smaller.

Technical Details

RePEc Handle
repec:eee:ecolet:v:207:y:2021:i:c:s0165176521002871
Journal Field
General
Author Count
2
Added to Database
2026-01-25