Showing 1 - 10 of 382
defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …
Persistent link: https://www.econbiz.de/10010397688
We explore the effects of mandatory third-party review of mortgage contracts on the terms, availability, and … performance of mortgage credit. Our study is based on a legislative experiment in which the State of Illinois required 'high …-risk' mortgage applicants acquiring or refinancing properties in 10 specific zip codes to submit loan offers from state …
Persistent link: https://www.econbiz.de/10010292159
This paper analyzes whether predominantly non-listed corporations in the residential property industry systematically adjust their capital structure to changing financing requirements. Since previous research almost exclusively focused on listed companies, little is known about the...
Persistent link: https://www.econbiz.de/10010304340
Globally, real estate trade is highly regularized. Usually, the market value is not negotiated simply between the seller and potential buyer but based on an assessment performed by a professional valuer, known as a surveyor or appraiser. This paper inquires about the economic role of valuers in...
Persistent link: https://www.econbiz.de/10011372094
This paper studies the geography of competition on Moscow commercial real estate market. We estimate the elasticity of office rental price to the prices of competing objects as a function of the geographical distance. We found that office real estate market in Moscow, although saturated, is...
Persistent link: https://www.econbiz.de/10011400572
Im Rahmen ihrer Koalitionsverhandlung hat sich die neue Bundesregierung auf eine Mietpreisbremse verständigt, um der vermuteten Preisexplosion auf dem Wohnungsmarkt entgegenzuwirken. Entgegen dieser Einschätzung kommen wir zu dem Ergebnis, dass die Nettokaltmieten in Deutschland in den...
Persistent link: https://www.econbiz.de/10010330066
regulations and public supports available for monument protection and modernisation from an international perspective. …
Persistent link: https://www.econbiz.de/10010332592
Ungefähr 40 Prozent des gesamten Endenergieverbrauchs in Deutschland entfallen auf den Gebäudesektor. Gleichzeitig gilt die Steigerung der Gebäudeenergieeffizienz als eine der kosteneffektivsten Optionen zur Einsparung von Treibhausgasen. Um dieses Potential auszuschöpfen, wurde der...
Persistent link: https://www.econbiz.de/10011602398
Die Entwicklungen an den Kapitalmärkten und die Immobilienfinanzierung sind untrennbar miteinander verbunden. Durch den hohen Fremdkapitalbedarf gewerblich und privat genutzter Immobilien hat die Finanzierung eine entscheidende Bedeutung für die Funktionsfähigkeit und die Stabilität des...
Persistent link: https://www.econbiz.de/10011633352
This paper relaxes the Bayesian Nash equilibrium (BNE) assumption commonly imposed in empirical discrete choice games with incomplete information. Instead of assuming that players have unbiased/correct expectations, my model treats a player's belief about the behavior of other players as an...
Persistent link: https://www.econbiz.de/10012014515