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Who has really paid for the Reconstruction of East Germany? Expected and Realized Returns on Real Estate Investments in East and West Germany in the 1990s
Kiesewetter, Dirk; Bensemann, Tina; Schönemann, Kristin - 2009
We evaluate the profitability of investments in residential property in Germany after unification with a focus on the comparison of East and West Germany. Calculations are carried out for (1) the after-tax return an investor might have expected at the beginning of the 1990s, and (2) the...
Persistent link: https://www.econbiz.de/10009447467
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Who has really paid for the Reconstruction of East Germany? Expected and Realized Returns on Real Estate Investments in East and West Germany in the 1990s
Kiesewetter, Dirk; Bensemann, Tina; Schönemann, Kristin - In: BuR - Business Research 2 (2009) 1, pp. 11-37
We evaluate the profitability of investments in residential property in Germany after unification with a focus on the comparison of East and West Germany. Calculations are carried out for (1) the after-tax return an investor might have expected at the beginning of the 1990s, and (2) the...
Persistent link: https://www.econbiz.de/10010421335
Cover Image
Who has really paid for the Reconstruction of East Germany? Expected and Realized Returns on Real Estate Investments in East and West Germany in the 1990s
Kiesewetter, Dirk; Bensemann, Tina; Schönemann, Kristin - In: BuR - Business Research 2 (2009) 1, pp. 11-37
We evaluate the profitability of investments in residential property in Germany after unification with a focus on the comparison of East and West Germany. Calculations are carried out for (1) the after-tax return an investor might have expected at the beginning of the 1990s, and (2) the...
Persistent link: https://www.econbiz.de/10010615535