Pandemic preferences – the case of housing
COVID was a pretty big life shock for all of us – with uncertainty about the virus, and the magnitude of government interventions associated with it, leading people to change their way of doing things across a number of dimensions of their life.
One of the clearest changes was the decision of where to live. In a fascinating note from e61’s Aaron Wong from mid-2023 he shows people did change their behaviour regarding renting property following COVID – and that this shows up clearly in the rental premium paid for living in cities between 2020 and 2022.
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