Localized and Short‐Term Effects of Lockdowns on Urban Rental Markets: Evidence From Shanghai

ABSTRACT This paper investigates the localized and short‐term effects of COVID‐19‐induced lockdowns on Shanghai's rental market in the second half of 2022. Using Difference‐in‐Differences methodologies, we find that rental prices declined by 1.5% following the lockdowns on average, with areas c...

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Bibliographic Details
Main Authors: Yanpeng Jiang, Xiaochi Shen
Format: Article
Language:English
Published: Wiley 2025-06-01
Series:International Studies of Economics
Subjects:
Online Access:https://doi.org/10.1002/ise3.70005
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