Hartman, Margreet (2023) COVID-19 and Counter Urbanization? An Investigation of Residential Price Trends in Flevoland and Surrounding Areas Between 2018 and 2021. Master thesis.
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Abstract
The Covid-19 crisis has had a major impact on the economy worldwide, as well as on real estate markets, specifically the residential segment. Higher valuation of having more space regarding residential properties and other factors such as the working-from-home trend, result in counterurbanization in the form of urban-rural migration due to a change in locational preferences of residential consumers. This study adds to the existing literature on Covid-19 and housing markets by investigating residential price trends for various urbanity levels in Flevoland and surroundings. A survey questionnaire is conducted in a subsample of households that are observed in the residential transaction data in order to gain deeper insights in their motivations to move during Covid-19. This study does not find a clear trend indicating that house prices in rural and urban areas are converging during Covid-19, therefore finding little evidence for a change in locational preferences of residential consumers. Overall, the results indicate that property prices in the residential market are still increasing over time during the Covid-19 period in urban areas as well as rural areas.
| Item Type: | Thesis (Master) |
|---|---|
| Degree programme: | Real Estate Studies |
| Supervisor: | Duijn, M. van |
| Date Deposited: | 12 Sep 2023 11:59 |
| Last Modified: | 12 Sep 2023 11:59 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4383 |
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