Showing 1 - 10 of 15
Rising rents in German cities have led to an intense debate about the need for tighter rent controls in housing markets … makers, the rental brake has, at best, no impact in the short run. At worst, it even accelerates rent increases both in …
Persistent link: https://www.econbiz.de/10011483270
housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of … introduction of rent control. Further, we document that rent control reduced the propensity to move house within rent controlled …
Persistent link: https://www.econbiz.de/10012134460
housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of … introduction of rent control. Further, we document that rent control reduced the propensity to move house within rent controlled …
Persistent link: https://www.econbiz.de/10012109845
This paper empirically analyzes the effects of a second generation rent control. We make use of an uncommon policy … with elements of a discontinuity design, to identify the causal impact of rent controls. We exploit the spatial and … prices. Our results suggest that the regulation benefits low/medium income households. Further, we provide evidence that rent …
Persistent link: https://www.econbiz.de/10011761112
In this paper, we make multi-step forecasts of the monthly growth rates of the prices and rents for flats in 26 largest German cities. Given the small time dimension, the forecasts are done in a panel-data format. In addition, we use panel models that account for spatial dependence between the...
Persistent link: https://www.econbiz.de/10009579231
ads offering the housing for rent and sale. Given the richness of information contained in the ads, we are able to … construct the quality-adjusted rent and price indices using the hedonic approach. The results can be applied both for …
Persistent link: https://www.econbiz.de/10009580150
Rising rents in German cities have led to an intense debate about the need for tighter rent controls in housing markets … makers, the rental brake has, at best, no impact in the short run. At worst, it even accelerates rent increases both in …
Persistent link: https://www.econbiz.de/10012989350
I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new … new housing supply shift the rent distribution as a whole, suggesting that market-rate new housing supply effectively …
Persistent link: https://www.econbiz.de/10012426635
Persistent link: https://www.econbiz.de/10012404111
Persistent link: https://www.econbiz.de/10012487221