IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2024-249.html
   My bibliography  Save this paper

Pandemic-Induced changes on residential prices in major French Cities

Author

Listed:
  • Martin Regnaud
  • Marie Breuille
  • Julie Le Gallo

Abstract

This study provides a comprehensive analysis of the evolution of bid-rent functions forhousing prices and rents in 30 major French attraction areas during a period markedby the COVID-19 pandemic. We exploit 3.3M property transfers (DV3F) and 740’000rental listings posted on SeLoger’s portal to quantify the shifts. We observe a flatteningof the bid-rent curve in the wake of the pandemic, especially for large areas of more than200,000 inhabitants and for sold properties (apartments or houses). Stronger flatteningof the bid-rent curve for sold properties is observed for a higher share of employees,more densely populated areas, and lower purchasing power. By contrast, the pandemichad little effect on bid-rent function slopes for rents.

Suggested Citation

  • Martin Regnaud & Marie Breuille & Julie Le Gallo, 2024. "Pandemic-Induced changes on residential prices in major French Cities," ERES eres2024-249, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2024-249
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2024-249
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Covid-2019; housing market; Real Estate Platforms Data; Structural Breaks;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2024-249. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.