Changes in Amenity Values after COVID?19 Lockdowns in Auckland, New Zealand

In the fight against COVID-19 pandemic, New Zealand stood out with its ambitious elimination goal and small death count per capita. The country’s strategy included full lockdown measures that were strict by international standards. this paper we investigate whether Zealand’s lockdowns brought significant changes to dwelling price capitalisation of environmental amenities. Our results show a nuanced landscape. While before Auckland homebuyers willing pay premium for dwellings located adjacent open spaces, such either vanished or became penalty during phases. There was also within 300 m beaches. But again decreases becomes across addition, find preference further away from CBD. Hence, some amenities used have positive (or neutral) impact on property now become disamenities homebuyers’ perspective after experience pandemic. This informs planners, policy-makers private actors better understanding behaviour Auckland’s housing market under disruptions due pandemic lockdowns.