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10.1016/j.frl.2021.101944

http://scihub22266oqcxt.onion/10.1016/j.frl.2021.101944
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33821155!8011656!33821155
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suck abstract from ncbi


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pmid33821155      Financ+Res+Lett 2021 ; 43 (ä): 101944
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  • The impact of COVID-19 on housing price: Evidence from China #MMPMID33821155
  • Qian X; Qiu S; Zhang G
  • Financ Res Lett 2021[Nov]; 43 (ä): 101944 PMID33821155show ga
  • Using data on monthly community-level confirmed COVID-19 cases and housing price in China, we investigate the impact of COVID-19 on housing price. With the difference-in-difference method, we find that the housing price of the communities with confirmed COVID-19 cases would reduce by 2.47%. The impact persists three months and the extent of the impact basically becomes greater as time goes on. The results are robust after the parallel pre-trend test and the placebo test. Moreover, the impact of COVID-19 on housing price only exists in regions with a higher infection level of COVID-19 or worse medical treatment conditions.
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