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

Cheshire, Paul, Hilber, Christian A. L. 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: 04 Sep 2021 23:04
URI: http://eprints.lse.ac.uk/id/eprint/109974

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