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Record W4285663192 · doi:10.24149/wp2024

The Impact of the COVID-19 Pandemic on the Demand for Density: Evidence from the U.S. Housing Market

2020· article· en· W4285663192 on OpenAlexaff
Sitian Liu, Yichen Su

Bibliographic record

VenueFederal Reserve Bank of Dallas, Working Papers · 2020
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicHousing Market and Economics
Canadian institutionsQueen's University
Fundersnot available
KeywordsPandemicCoronavirus disease 2019 (COVID-19)Supply and demandDemographic economicsDispersion (optics)PopulationEconomicsAggregate demandBusinessDevelopment economicsLabour economicsMonetary economicsMicroeconomicsDemographyInfectious disease (medical specialty)

Abstract

fetched live from OpenAlex

Cities are shaped by the strength of agglomeration and dispersion forces.We show that the COVID-19 pandemic has re-introduced disease transmission as a dispersion force in modern cities.We use detailed housing data to study the impact of the COVID-19 pandemic on the location demand for housing.We find that the pandemic has led to a greater decline in the demand for housing in neighborhoods with high population density.We further show that the reduced demand for density is partially driven by the diminished need of living close to jobs that are telework-compatible and the declining value of access to consumption amenities.Neighborhoods with high pre-COVID-19 home prices also see a greater drop in housing demand.While the national housing market partially recovered in June, we show that the negative effect of the pandemic on the demand for density persists, indicating that the change in the demand for density may last beyond an aggregate recovery of housing demand.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.003
metaresearch head score (Gemma)0.006
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.234
Threshold uncertainty score0.842

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0030.006
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.001
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.128
GPT teacher head0.285
Teacher spread0.156 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations87
Published2020
Admission routes1
Has abstractyes

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