Urban flight: A short‐term phenomenon or long‐term trend?

IF 2 3区 经济学 Q2 BUSINESS, FINANCE Real Estate Economics Pub Date : 2023-10-11 DOI:10.1111/1540-6229.12461
Dongshin Kim, Davin Raiha, Youngme Seo, Julia Freybote
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Abstract

Abstract We investigate whether the urban flight from more to less dense locations identified by previous housing studies for the early COVID period is a temporary, pandemic‐induced phenomenon, or long‐term trend. We focus on the period of 2017–2022, 14,961 single‐family home transactions from Southwestern Ontario, and three housing market metrics. Our results for sales price in the early pandemic periods are in line with previous studies. However, our results for sales price in the last pandemic phase (2022), marketing time, and visit activity suggest that the urban flight was a temporary phenomenon characteristic of the early COVID phases.
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城市飞行:短期现象还是长期趋势?
我们调查了之前的住房研究发现,在COVID早期,城市人口从密度较高的地区向密度较低的地区流动是一种暂时的、大流行引起的现象,还是一种长期趋势。我们关注2017-2022年期间,安大略省西南部的14,961个单户住宅交易,以及三个住房市场指标。我们关于大流行早期销售价格的结果与以前的研究一致。然而,我们对上一个大流行阶段(2022年)的销售价格、营销时间和参观活动的分析结果表明,城市航班是新冠肺炎早期的暂时现象。
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来源期刊
CiteScore
4.00
自引率
13.60%
发文量
44
期刊介绍: As the official journal of the American Real Estate and Urban Economics Association, Real Estate Economics is the premier journal on real estate topics. Since 1973, Real Estate Economics has been facilitating communication among academic researchers and industry professionals and improving the analysis of real estate decisions. Articles span a wide range of issues, from tax rules to brokers" commissions to corporate real estate including housing and urban economics, and the financial economics of real estate development and investment.
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