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Growing pains

The Economist (London), 2021-04, Vol.439 (9240), p.40-40

Copyright The Economist Intelligence Unit N.A., Incorporated Apr 10, 2021 ;ISSN: 0013-0613 ;EISSN: 1476-8860

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  • Title:
    Growing pains
  • Subjects: Central business districts ; Cities ; COVID-19 ; Homeless people ; Housing ; Housing prices ; Pandemics
  • Is Part Of: The Economist (London), 2021-04, Vol.439 (9240), p.40-40
  • Description: Lockdowns showed office workers that they didn't need to commute to a fancy headquarters in a central business district to do their jobs. [...]homebuyers and investors are buying property in places like Bozeman and paying with cash, sometimes sight unseen, says Ms Lawson. Because appraisals aren't required if a lender isn't involved, cash purchases can inflate local housing markets. [...]there is a growing disconnect between house prices and local labour markets.
  • Publisher: London: The Economist Intelligence Unit N.A., Incorporated
  • Language: English
  • Identifier: ISSN: 0013-0613
    EISSN: 1476-8860
  • Source: ProQuest Central

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