Forced Homeward: The Covid-19 Implications for Housing

Housing is a basic need. The Covid-19 pandemic has made that even a much greater need, especially during the lockdown restrictions. Some residents could meet that increased need relatively readily and some could not. As the eye of the Covid-19 storm appears to wane, the devastation is beginning to emerge with stark indications that it would take a very long time to rise and rebuild. It is also likely that the lockdown experience has made significant impacts on the tastes and preferences for housing. In this viewpoint, we speculate on several aspects of the Covid-19 implications for the housing market.