The impact of the Covid-19 pandemic on ethnic discrimination on the housing market

Verhaeghe, Pieter‐Paul; Ghekiere, Abel

doi:10.1080/14616696.2020.1827447

Cited by 27 publications

(25 citation statements)

References 21 publications

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“…In Europe, Verhaeghe and Ghekiere [9] examined the impact of the COVID-19 pandemic on ethnic discrimination in the housing market of a metropolitan city in Belgium and found that the effects of COVID-19 on discrimination were different for different ethnic groups. Marona and Tomal [10] found that the COVID-19 pandemic had a considerable impact upon the workflow of real estate brokers and their clients' attitudes in the city of Krakow, Poland.…”

Section: Literature Reviewmentioning

confidence: 99%

Did the COVID-19 Pandemic Crisis Affect Housing Prices Evenly in the U.S.?

Zhang

2021

Sustainability

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While it is well-known that housing prices generally increased in the United States (U.S.) during the COVID-19 pandemic crisis, to the best of our knowledge, there has been no research conducted to understand the spatial patterns and heterogeneity of housing price changes in the U.S. real estate market during the crisis. There has been less attention on the consequences of this pandemic, in terms of the spatial distribution of housing price changes in the U.S. The objective of this study was to explore the spatial patterns and heterogeneous distribution of housing price change rates across different areas of the U.S. real estate market during the COVID-19 pandemic. We calculated the global Moran’s I, Anselin’s local Moran’s I, and Getis-Ord’s Gi∗ statistics of the housing price change rates in 2856 U.S. counties. The following two major findings were obtained: (1) The influence of the COVID-19 pandemic crisis on housing price change varied across space in the U.S. The patterns not only differed from metropolitan areas to rural areas, but also varied from one metropolitan area to another. (2) It seems that COVID-19 made Americans more cautious about buying property in densely populated urban downtowns that had higher levels of virus infection; therefore, it was found that during the COVID-19 pandemic year of 2020–2021, the housing price hot spots were typically located in more affordable suburbs, smaller cities, and areas away from high-cost, high-density urban downtowns. This study may be helpful for understanding the relationship between the COVID-19 pandemic and the real estate market, as well as human behaviors in response to the pandemic.

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Section: Literature Reviewmentioning

confidence: 99%

Did the COVID-19 Pandemic Crisis Affect Housing Prices Evenly in the U.S.?

Zhang

2021

Sustainability

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“…The authors note that by February 2020, COVID-19 infections start to dominate newspaper coverage of stock market volatility and newspaper discussions on economic policy uncertainty. In March 2020, COVID-19 developments receive attention in more than 90% of all newspaper discussions of market volatility and policy uncertainty.8 By implementing a difference-in-differences setting,Verhaeghe and Ghekiere (2020) show how ethnic discrimination in a Belgian city's housing market increases during the COVID-19 pandemic. The authors identify lower income levels as one possible reason for this discrimination.…”

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confidence: 99%

COVID-19’s impact on real estate markets: review and outlook

Balemi

Füss

Weigand

2021

Financ Mark Portf Manag

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As symbolized by vacant office buildings, empty shopping malls and abandoned flats in metropolitan areas, the new coronavirus disease 2019 has severely impacted real estate markets. This paper provides a comprehensive literature review of the latest academic insights into how this pandemic has affected the housing, commercial real estate and the mortgage market. Moreover, these findings are linked to comprehensive statistics of each real estate sector’s performance during the crisis. Finally, the paper includes an outlook and discusses possible future developments in each real estate segment.

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“…These financial burdens also cover the costs directly connected with health care and related medical or social services, as well as indirect costs, such as the loss of productivity and limited possibilities for development [19] (pp. [33][34][35][36][37][38][39][40][41][42][43][44][45].…”

Section: Premises Behind Including Housing Policy In European Union P...mentioning

confidence: 99%

European Union Housing Policy—An Attempt to Synthesize the Actions Taken

2021

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Adequate housing conditions are an indicator of a decent life, whereas the lack is one of the main reason behind so-called social exclusion. The importance of housing, in ensuring the social safety of citizens, as well as supporting social equity, has been emphasized for decades. Housing, however, also has an important economic dimension. A developed housing sector, in a broad sense guaranteeing the right to housing, is indicated as one of the main conditions for long-term economic growth. The significant role of housing, in deepening integrational processes on the old continent, has also been observed by the European Union. This article is a review and comprises of an attempt to synthesize arguments justifying the need to expand the European Union policy to include housing-related issues. For this purpose, a historical context of the perception of the role of housing in the process of European integration is presented; it characterizes the main phases of incorporating housing into EU policy, as well as indicating the most important areas and instruments of the European Union’s influence on the housing policy of member countries, along with an assessment of their results. The work makes use of the method of the critical analysis of literature, as well as an analysis of EU legal regulations, accounts, and reports referring to the housing sphere. Studies confirm the need for active involvement, aimed at including housing in the scope of EU competencies. The undertaken initiatives of a political, social, economic, environmental, and legal nature are the main forms of recommendations, propositions, and instruments supporting the implementation of common values. Studies conducted to date indicate that the implementation of a single EU housing policy for all member states is neither a simple nor desired task. A more effective solution would unquestionably be seeking out general solutions, addressed to groups of countries functioning under similar conditions. A European housing programme, which holds the status of European law supporting national housing policies, should be such a solution.

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The impact of the Covid-19 pandemic on ethnic discrimination on the housing market

Cited by 27 publications

References 21 publications

Did the COVID-19 Pandemic Crisis Affect Housing Prices Evenly in the U.S.?

Did the COVID-19 Pandemic Crisis Affect Housing Prices Evenly in the U.S.?

COVID-19’s impact on real estate markets: review and outlook

European Union Housing Policy—An Attempt to Synthesize the Actions Taken

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