Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets

Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets
Author :
Publisher : International Monetary Fund
Total Pages : 47
Release :
ISBN-10 : 9798400262449
ISBN-13 :
Rating : 4/5 (49 Downloads)

Book Synopsis Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets by : Nina Biljanovska

Download or read book Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets written by Nina Biljanovska and published by International Monetary Fund. This book was released on 2023-12-22 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pattern of increasing suburban house prices relative to urban centers initiated during the pandemic continues to hold across the top 30 US metropolitan statistical areas (MSAs). In contrast, European countries such as Denmark, France, and the United Kingdom did not experience a similar shift in valuations. We posit and find supporting evidence that these divergent patterns partially due to differences in the characteristics of suburban areas, particularly in terms of household income and property sizes; with European suburbs being relatively poorer and characterized by smaller housing units. We show that, in the US, MSAs with suburban features more akin to those in European cities generally experienced little to no increase in suburban housing prices compared to their urban centers. Finally, our findings indicate that migration patterns of the high-income population might have partially influenced the urban-suburban revaluation in the US.


Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets Related Books

Flattening the Curve and the Flight of the Rich: Pandemic-Induced Shifts in US and European Housing Markets
Language: en
Pages: 47
Authors: Nina Biljanovska
Categories: Business & Economics
Type: BOOK - Published: 2023-12-22 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The pattern of increasing suburban house prices relative to urban centers initiated during the pandemic continues to hold across the top 30 US metropolitan stat
World Economic Outlook, April 2024
Language: en
Pages: 202
Authors: International Monetary
Categories: Business & Economics
Type: BOOK - Published: 2024-04-16 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The latest World Economic Outlook reports economic activity was surprisingly resilient through the global disinflation of 2022–23, despite significant central
Flattening the Curve
Language: en
Pages: 61
Authors: Arpit Gupta
Categories: COVID-19 (Disease)
Type: BOOK - Published: 2021 - Publisher:

DOWNLOAD EBOOK

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 Future of Housing Markets
Language: en
Pages: 218
Authors: Leland S. Burns
Categories: Business & Economics
Type: BOOK - Published: 2012-12-06 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

This book's title betrays at once that it belongs in the forecast literature. Peering into the future is a notoriously treacherous venture. Nevertheless, it has
Fixing the Housing Market
Language: en
Pages: 214
Authors: Franklin Allen
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Pearson Prentice Hall

DOWNLOAD EBOOK

Explains the financial history leading to the mortgage meltdown and assesses today's housing finance systems in the United States and abroad.