This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single-family housing in Germany. Construction activity in local housing markets (measured by new housing permits related to the local housing stock) is modeled as a function of local...

Supply subsidies to owners of rental housing construction are typically aimed at increasing the overall size of the housing stock or at guaranteeing affordable housing for low-income households. This paper studies whether and how much the tenants of the social housing units benefit from this...

I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new housing supply, I exploit local weather shocks during the construction phase that lead to temporary delays in housing completions at the municipal level. Adding one new housing...

Subsidizing homeownership makes cities decentralize, so Muth (1967) suggested over half a century ago, and so Voith (1999) and Glaeser (2011) have argued more recently. This paper provides a first quasi-experimental test of "Muth's hypothesis". We analyze a homeownership subsidy's effects on...

The current urban planning model for Spanish cities does not meet the criteria for successful urban sustainability, in fact quite the opposite, it follows the disperse city model introduced twenty years ago by the boom in the construction industry and improved communication infrastructures. In...

This paper analyses an alternative measurement framework capable of capturing the return on investment of urban regeneration projects through a cost-benefit analysis. Financial returns on investment are calculated as the ratio between the benefits accruing from the performance of a given project...

The city of Larissa in Greece has an important role in national and regional level. For the past 3 decades, the image of the city has considerably altered. A series of proposals concerning the regulation of urban space and the realisation of their objectives contributed to this. These proposals...