The highlight of the conference was the keynote speech delivered by Edward Glaeser, professor at Harvard University, on the “Survival of the City”, which focused on modern cities in times of the pandemic. In his speech, the author of the book “Triumph of the City” explained the changes cities are experiencing in terms of labour markets, housing demand and other urban economics issues. Around 100 participants, including researchers and students, had the opportunity to engage in a lively exchange with the speaker afterwards.
In the further course of the ReCapNet conference, twelve selected research papers were presented. Some of the topics included:
- How is the COVID-19 pandemic changing demand and supply in real estate markets?
- How do fire sales affect commercial property markets?
- How do different auction methods for real estate influence price fluctuations?
- How do local shocks (such as Hurricane Katrina) affect the regional financial system and real estate markets?
This year’s ReCapNet conference again provided an opportunity to learn about and critically discuss the latest and most relevant research in the field of real estate and capital markets.