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Post-COVID-19 Real Estate Net Absorption and Social Capital in U.S. Metropolitan Areas by Mary Daugherty; Dobrina Jandik; Tatiana Salikhova is a Economics, Econometrics and Finance article available to read on EtoBox.

What is Post-COVID-19 Real Estate Net Absorption and Social Capital in U.S. Metropolitan Areas about?

The authors of this article studied the differential impact of the COVID-19 pandemic on the performance of office real estate markets using a sample of major U.S. metropolitan areas. During the pandemic, social capital became a significant determinant of net absorption and mitigated the decline in net absorption due to the impact of COVID-19. They found that social capital in U.S. metropolitan areas as measured by the density of social networks has a significant positive effect on net absorption in a post-COVID-19 period. The results suggest that social capital contributes to an increase in net absorption values by promoting trust and communication among members of a community, which increases the likelihood of a completed transaction resulting in more leasing contracts.

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Author

Mary Daugherty; Dobrina Jandik; Tatiana Salikhova

Publisher

Informa UK Limited

Published

2023

Language

EN

Field

Economics, Econometrics and Finance (Social Sciences)