Why central London has seen the biggest rises in house prices, despite COVID

Cheshire, Paul, Hilber, Christian A. L. ORCID: 0000-0002-1352-495X and Schöni, Olivier (2021) Why central London has seen the biggest rises in house prices, despite COVID. LSE COVID-19 Blog (31 Mar 2021). Blog Entry.

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Abstract

As many predicted, the pandemic led to a demand for bigger homes and gardens. But with supply limited by Britain’s strict planning regulations, and the market propped up by a stamp duty waiver and the furlough scheme, prices for detached houses have risen. Contrary to received wisdom, Paul Cheshire, Christian Hilber and Olivier Schöni (LSE) find in a new Centre for Economic Performance analysis that they rose most in areas close to the centre of London.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/covid19/
Additional Information:	© 2021 The Authors
Divisions:	Geography & Environment
Subjects:	R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine H Social Sciences > HV Social pathology. Social and public welfare. Criminology H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	21 Apr 2021 13:00
Last Modified:	16 May 2024 10:09
URI:	http://eprints.lse.ac.uk/id/eprint/109974

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