UK Rural House Prices Surge Due to ‘Urban Flight’ During Pandemic: Study

UK Rural House Prices Surge Due to ‘Urban Flight’ During Pandemic: Study
Rows of larger houses are shown in London on Aug. 5, 2020. Dan Kitwood/Getty Images
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The UK has witnessed over the past year a shift in housing demand away from cities and towards more rural or less densely populated areas of the country, a new study has revealed.

House prices have boomed during the CCP (Chinese Communist Party) virus pandemic despite the most significant economic contraction in a generation, said the Resolution Foundation, a London-based think tank.