8/21/2023 0 Comments Hedonic regressionThe policies usually alleviate the pandemic transmission, however, by reducing economic activities ( Atkeson 2020), which might incur even heavier economic loss ( Lin and Meissner, 2020). To tackle the COVID-19 pandemic, governments across the world employ various containment policies (see Narayan et al., 2021). A sudden drop in housing prices may result in negative equity, which has adverse impacts on the stabilization of the economy. Residential real estate is not only one of the major assets for household wealth, but also constitutes a crucial part of a nation's economy. The onset of COVID-19 since early 2020 brought unprecedented changes to many aspects of the economy, including the housing market.
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