New CaCHE publication examines housing system’s resilience to COVID-19 pandemic
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The UK Collaborative Centre for Housing Evidence (CaCHE) has published a new report which outlines the preliminary evidence of a project that seeks to examine the evolution of the housing system between the Global Financial Crisis (GFC) and the COVID-19 pandemic, and the early impact of the pandemic.
The project seeks to establish whether key market institutions were more resilient going into the Covid-19 pandemic than into the GFC. It will further explore the impact of the pandemic on these institutions. The project focuses on two market institutions, namely the mortgage industry and the housebuilding industry.
The first stage of the research involved a series of semi-structured interviews in the mortgage and housebuilding industries. The semi-structured interviews followed the same five principal questions across the two industries, with scope for variation within these:
- How well was the industry able to withstand the shock of the GFC?
- How well was the industry and government able to learn from the shock?
- How has the industry adapted to changing markets?
- What has been the initial impact of Covid-19?
- What are the medium and longer term-impacts of Covid-19?
Written by Professor Mark Stephens, Dr Philip O’Brien and Dr Alice Earley from the University of Glasgow, Resilience in the housing system is available to download here.
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