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The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the … unavailability of land for development due to restrictive geography has no significant impact on the housing supply elasticity. The …
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This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single … costs dampen construction activity. The average price elasticity of new single-family home permits is considerably less than …
Persistent link: https://www.econbiz.de/10011517966
construction activity. The average local price elasticity of new single-family home supply is considerably less than one, with …This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new … single-family housing in local housing markets. New local housing supply is measured by the annual number of construction …
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Wohnungsmarkt widerspiegelt. Dazu werden umfassende Daten zu Immobilienpreisen aus Deutschland herangezogen. Unter Verwendung eines …
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