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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
This paper uses new household survey data to study expectation formation during the recent housing boom in Germany. The cross section of forecasts depends on only two household characteristics: location and tenure. The average household in a region responds to local conditions but underpredicts...
Persistent link: https://www.econbiz.de/10013330608
makers and general public typically are supporting it. As a result, in many European countries, since World War I the rent … government rental market regulations on real house prices, price-to-rent, and price- to-income ratios, real rents, and new …
Persistent link: https://www.econbiz.de/10011619596
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 … permits in relation to the existing single-family housing stock. This supply indicator is econometrically related to existing …
Persistent link: https://www.econbiz.de/10009530093
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politisch gefördert. Wohnungen sind zu reinen Spekulationsobjekten verkommen. Hohe Nachfrage und sogenannte Zwangssanierungen …
Persistent link: https://www.econbiz.de/10013199318
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