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The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 …-2019 using the Bartik instrument. The results show that the housing supply is, on average, inelastic, with a floorspace … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the …
Persistent link: https://www.econbiz.de/10014228596
Since 2010, particularly in urban agglomerations, the German housing market has experienced stark house price and rent increases. Immigration from rural and smaller settlements as well as international migration into German urban areas, has fuelled an increase in housing demand and led to severe...
Persistent link: https://www.econbiz.de/10012286303
From 2014 until present, housing prices in Germany have been rising faster than consumer prices in all quarters except one, raising concerns about an excessive over-heating of the housing market. To assess the vulnerability of the German housing market to a future realignment of prices or even a...
Persistent link: https://www.econbiz.de/10012098990
Energy efficiency and renewable energy are key pillars of the energy transition that is high on the political agenda of governments in face of the climate crisis. Germany, however, is underperforming in its emissions reduction goals. There is still room for improvement, especially in the...
Persistent link: https://www.econbiz.de/10014416043
contributed to gentrification via a shift of rental housing supply away from the regulated segment. …
Persistent link: https://www.econbiz.de/10013502439
(Kreise) of North Rhine-Westphalia from 2004-2009. The regression analysis underpins the theoretical results: High (net supply …
Persistent link: https://www.econbiz.de/10011516050
– by promoting residential mobility, increasing housing options for households and generating competitive supply and …-setting regulations, social housing, demand subsidies, fiscal measures for rental and owner-occupied housing and barriers for PRS supply …
Persistent link: https://www.econbiz.de/10010464867
This paper analyses the behaviour of prices and supply on the German housing market taking into account the interaction … countervailing house price effects of a supply increase: A dampening effect via land prices and a stimulating effect via construction …
Persistent link: https://www.econbiz.de/10012836320
This paper analyses the behaviour of prices and supply on the German housing market taking into account the interaction … countervailing house price effects of a supply increase: A dampening effect via land prices and a stimulating effect via construction …
Persistent link: https://www.econbiz.de/10012197884
We study the impact of the 2015 mass arrival of refugees to Germany on residential housing rents. Using unique data on end of year county-level refugee populations and data on monthly offers of flats for rent from Germany's leading online property broker Immobilienscout24, we find strong...
Persistent link: https://www.econbiz.de/10011959445