Parallel Worlds? The Partisan Effects of COVID-19 on Real Estate

IF 1.1 Q3 ECONOMICS

Eastern Economic Journal Pub Date : 2024-09-11 DOI:10.1057/s41302-024-00285-2

Christopher Azevedo, David Johnson

引用次数: 0

Abstract

Differences in how Republicans and Democrats responded to COVID-19 resulted in differences in the functioning of housing markets. Democrats adjusted behavior more than Republicans in response to the pandemic. Democrats engaged in more social distancing, were less likely to have people into their homes, and were less willing to visit strangers’ homes. This resulted in supply effects that caused higher housing prices, fewer listings, and fewer days on the market for counties with lower support for former president Donald Trump in the 2020 election. We find no impact of state-imposed shutdowns or population density when political partisanship is accounted for.

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平行世界？COVID-19 对房地产的党派影响

共和党人和民主党人对 COVID-19 的不同反应导致了住房市场功能的差异。与共和党人相比，民主党人在应对大流行病时更多地调整了自己的行为。民主党人更多地疏远社会关系，更少邀请他人到家中做客，也不太愿意到陌生人家中做客。这导致了供应效应，使 2020 年大选中前总统唐纳德-特朗普支持率较低的县房价上涨、挂牌房源减少、上市天数减少。在考虑政治党派因素后，我们发现州政府实施的停摆或人口密度没有影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Eastern Economic Journal ECONOMICS-

CiteScore

2.10

自引率

0.00%

发文量

期刊介绍： The Eastern Economic Journal, a quarterly publication of the Eastern Economic Association, was established in 1973. The EEJ publishes papers written from every perspective, in all areas of economics and is committed to free and open intellectual inquiry from diverse philosophical perspectives. It welcomes manuscripts that are methodological and philosophical as well as empirical and theoretical. Readability and general interest are major factors in publication decision.