The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …

The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … evaluate the role of specific housing policies which tend to discourage homeownership. In comparison to other countries with … higher homeownership such as the United States, Germany has an extensive social housing sector with broad eligibility …

The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …