Impacto del COVID-19 sobre la demanda y oferta de vivienda nueva No VIS en Colombia
In this paper we examine the impact of COVID-19 on the demand and supply of new No VIS housing in Colombia. Using a model of Seemingly Unrelated Regression, we find that COVID-19, measured through the number of infections, and the interest rate in UVR present an inverse relationship with the No Vis...
- Autores:
-
Álvarez Zuluaga, Daniela
Betancur Carvajal, Catalina
García Rendón, John
- Tipo de recurso:
- Fecha de publicación:
- 2022
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- spa
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/30904
- Acceso en línea:
- http://hdl.handle.net/10784/30904
- Palabra clave:
- Vivienda No VIS
modelo de oferta y demanda
COVID-19
SURE
MC3E.
- Rights
- License
- Acceso abierto
| Summary: | In this paper we examine the impact of COVID-19 on the demand and supply of new No VIS housing in Colombia. Using a model of Seemingly Unrelated Regression, we find that COVID-19, measured through the number of infections, and the interest rate in UVR present an inverse relationship with the No Vis new housing supply, decreasing the quantities offered during the most critical months of the pandemic. In addition, the price index for new housing complies with the law of supply, which can be validated with what has been observed in 2021 regarding the growth in the launch of new real estate projects, at the same time that prices have also been higher, justified, in part, by the increase in costs as a result of the pandemic. |
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