Abstract
ABSTRACT We assess if a 'donut effect' has occurred in Spain during the COVID-19 pandemic. Our results show a synchronized 30% drop in housing purchases during the national lockdown in 2020, followed by a significant increase from 2021 across the rural-urban continuum, including core cities, suburbs, towns and rural areas, exceeding pre-pandemic levels. We thus found no evidence of a ‘donut effect’ in Spain.
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