Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19:
The rise of remote working in connection with the COVID-19 pandemic may have reshaped people's preferences on residential locations, thus generating a new geography of housing demand. So far, the literature has mainly focused on what has become known as the "doughnut effect", the holl...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2023
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| Schriftenreihe: | OECD Regional Development Papers
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| Online-Zugang: | kostenfrei |
| Zusammenfassung: | The rise of remote working in connection with the COVID-19 pandemic may have reshaped people's preferences on residential locations, thus generating a new geography of housing demand. So far, the literature has mainly focused on what has become known as the "doughnut effect", the hollowing out of large metropolitan centres towards their respective suburban areas ("commuting zones"). However, changes in residential preferences might have affected urban and rural living in more nuanced ways. This paper shows that changes in relative house prices - a proxy for short-term changes in demand for home ownership ("housing demand") - have gone beyond the metropolitan boundaries, consistent with the idea of longer but less frequent home to work commuting. Interestingly, we are not seeing a re-emerging preference for rural life as such but, rather, a desire to move to places that combine the benefits of rural and urban life. In the areas outside the main metropolitan centres but within the commuting zones, housing demand has increased the most in low density, more affordable, settlements (rural). In contrast, beyond the boundaries of large metropolitan areas, where most space tends to be rural, housing demand has increased the most in high-density settlements (cities) |
| Beschreibung: | 1 Online-Ressource (44 Seiten) 21 x 28cm |
| DOI: | 10.1787/cf591216-en |
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| spelling | Ahrend, Rudiger Verfasser aut Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 Rudiger, Ahrend ... [et al] Paris OECD Publishing 2023 1 Online-Ressource (44 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier OECD Regional Development Papers The rise of remote working in connection with the COVID-19 pandemic may have reshaped people's preferences on residential locations, thus generating a new geography of housing demand. So far, the literature has mainly focused on what has become known as the "doughnut effect", the hollowing out of large metropolitan centres towards their respective suburban areas ("commuting zones"). However, changes in residential preferences might have affected urban and rural living in more nuanced ways. This paper shows that changes in relative house prices - a proxy for short-term changes in demand for home ownership ("housing demand") - have gone beyond the metropolitan boundaries, consistent with the idea of longer but less frequent home to work commuting. Interestingly, we are not seeing a re-emerging preference for rural life as such but, rather, a desire to move to places that combine the benefits of rural and urban life. In the areas outside the main metropolitan centres but within the commuting zones, housing demand has increased the most in low density, more affordable, settlements (rural). In contrast, beyond the boundaries of large metropolitan areas, where most space tends to be rural, housing demand has increased the most in high-density settlements (cities) Urban, Rural and Regional Development Banquet, Alexandre ctb Bétin, Manuel ctb Paula Caldas, Maria ctb https://doi.org/10.1787/cf591216-en Verlag kostenfrei Volltext |
| spellingShingle | Ahrend, Rudiger Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 Urban, Rural and Regional Development |
| title | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 |
| title_auth | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 |
| title_exact_search | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 |
| title_full | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 Rudiger, Ahrend ... [et al] |
| title_fullStr | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 Rudiger, Ahrend ... [et al] |
| title_full_unstemmed | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 Rudiger, Ahrend ... [et al] |
| title_short | Expanding the doughnut? How the geography of housing demand has changed since the rise of remote work with COVID-19 |
| title_sort | expanding the doughnut how the geography of housing demand has changed since the rise of remote work with covid 19 |
| topic | Urban, Rural and Regional Development |
| topic_facet | Urban, Rural and Regional Development |
| url | https://doi.org/10.1787/cf591216-en |
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