... these resources are often contrasted with the values they offer, little is known about how the values of benefits change in times of crisis. This work investigates the effect of a public health crisis – the COVID-19 pandemic – on recreation patterns and economic values for two wilderness areas in California...

... bottlenecks, strong housing demand, the Sino-U.S. trade war, wildfires and weather severity. The second bubble is caused by the pandemic, resulting in a historic shortage and demand increases because of new housing, renovation, low-interest rates, and tariffs. The last bubble is driven by falling production...