A wide range of aggregate data is used to examine the spatial variation in homeownership rates among a cross-section of 96 German planning regions. The analysis accounts for potential endogeneity of prices and affordability as well as for spatial dependence in homeownership levels. In addition...

This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares experiences with policies and reforms in Germany, the Netherlands, Finland and the Czech Republic. Although in many countries the PRS has decreased in importance since the Second...

In den Großstädten hat sich die Lage am Wohnungsmarkt derart zugespitzt, dass auch unkonventionelle Lösungen angestrebt werden. Der Anteil der Mietkosten am Einkommen der Stadtbevölkerung wächst und es wird schwieriger, sich eine angemessene Wohnung in der Stadt zu leisten. Vor allem die...

The massive increase of real estate prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse...

In den Koalitionsverhandlungen wurde ein Paket für bezahlbares Bauen und Wohnen vereinbart. Das Paket enthält unter anderem eine Mietpreisbremse, deren Wirkung die Autoren insbesondere auf längere Sicht kritisch sehen. Sie fürchten, dass dadurch weniger Wohnungen angeboten werden und ein...

This paper employs panel data on 413 counties and cities over 2004-2009 to investigate the local supply of new single-family housing in Germany. Construction activity in local housing markets (measured by new housing permits related to the local housing stock) is modeled as a function of local...

This paper empirically analyzes the effects of a second generation rent control. We make use of an uncommon policy intervention in the German housing market and translate the generated variation into a difference-and-differences setup, augmented with elements of a discontinuity design, to...

In 2021, 293,000 dwellings were completed in Germany. This is at least 130,000 more than were completed at the low point in 2010, but less than the government had planned in order to limit the housing shortage. It is very likely, that residential construction is going to decline following the...

Bedingt durch den Mix aus gestiegenen Zinsen und gestiegenen Baukosten befindet sich der Wohnungsneubau in Deutschland in einer sehr schwierigen Lage. Darüber hinaus wird die Lage erschwert durch Unsicherheiten über zukünftige Mietregulierungen, Klimaschutzmaßnahmen, Stadtentwicklungstrends...