Expanding the doughnut? Spatial changes in housing demand since the rise of remote work
分析了16个OECD国家大都市区在疫情和远程工作兴起后,住房价格在中心城区以外增长更快,郊区和小城市吸引力上升,表明通勤距离变长但频率降低。
This paper analyses changes in preferences for residential locations in metropolitan areas of 16 Organisation for Economic Co-operation and Development (OECD) countries, following the COVID-19 pandemic and rise in remote working. We show that house prices have grown faster outside central locations of metropolitan areas, suggesting less frequent, but longer, commuting. House prices in rural settlements increased the most within the commuting zones of metropolitan areas, while smaller cities became more attractive in further away locations. Results are coherent with an increased attractiveness of suburban life relative to downtown and, at the same time, an expansion of metropolitan labour markets.