South Rent Markets Clean Bowled, Poor States do better

South Rent Markets Clean Bowled, Poor States do better
0 0 vote
Article Rating

We use Google Trends to estimate which States have a steady rent market and which states are struggling on account of the Corona crisis.

Rent Market: Top 5 States, Last 12 months

  1. Bihar
  2. Jharkhand
  3. Uttarakhand
  4. Madhya Pradesh
  5. Rajasthan

3 out of the top 5 States are in the list of top 5 poor states. 4 out of the 5 States are top outward migrating states. It is likely that returning migrants and low incidence of Corona is helping the poor states.

Rent Market: Bottom 5 States, Last 12 months (Worst on the top)

  1. Tamil Nadu
  2. Assam
  3. Karnataka
  4. Telangana
  5. Kerala
Chennai Rent Market is in Trouble

4 out of the 5 states are from the South and also some of the currently worst performing states on COVID-19. Assam is the only poor state where the rental market has not done well.

Overall, states with lot of inward migration are struggling quite a bit compared to states with lot of external migration. Bihar and Jharkhand have actually seen an increase in the last 12 months. However, things could change quite a bit once states recover from Corona.

For more data driven articles follow us on Dailyhunt- India’s No 1 Local Language News App

You can also read all our content directly on Google News. Click here and don’t forget to Follow us.

Track our periodic analysis on the Economy here

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x