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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 … broad eligibility criteria, high transfer taxes when buying real estate, and no tax deductions for mortgage interest …
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relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and … transfers, substitute the limited mortgage availability and explains the second highest homeownership rate in our sample … highest and most equally distributed homeownership in this country as well. The mortgage market in Germany is on the other …
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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 … broad eligibility criteria, high transfer taxes when buying real estate, and no tax deductions for mortgage interest …
Persistent link: https://www.econbiz.de/10012929253