COVID-19’s impact on real estate markets: review and outlook
Влияние COVID-19 на рынки недвижимости: обзор и перспективы
2021-03-25
SCID: 54.1/yn6tjjpp
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COVID-19 pandemiccommercial real estatehousing marketmortgage marketreal estate markets
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Abstract (AI)
As symbolized by vacant office buildings, empty shopping malls and abandoned flats in metropolitan areas, the new coronavirus disease 2019 has severely impacted real estate markets. This paper provides a comprehensive literature review of the latest academic insights into how this pandemic has affected the housing, commercial real estate and the mortgage market. Moreover, these findings are linked to comprehensive statistics of each real estate sector's performance during the crisis. Finally, the paper includes an outlook and discusses possible future developments in each real estate segment.
Key Findings
1
The COVID-19 pandemic severely disrupted real estate markets, reflected in vacant offices, empty shopping malls, and abandoned urban housing.
2
The paper provides an outlook on possible future developments across the housing, commercial real estate, and mortgage segments.
3
The paper reviews academic evidence on pandemic effects across housing, commercial real estate, and mortgage markets.
4
The review connects scholarly findings with comprehensive performance statistics for each real estate sector during the crisis.
Research Object
Housing, commercial real estate, and mortgage markets during the COVID-19 pandemic
Research Subject
The COVID-19 pandemic’s impacts, performance changes, and future developments across real estate market segments
Publication Details
Publication Date
2021-03-25
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