Wohnimmobilien Die Wohnungswirtschaft hat auf Grund ihrer Größe eine immense Bedeutung für die deutsche Volkswirtschaft. Ziel dieses Grundlagenwerkes ist es, den Beschäftigten in der institutionellen Wohnungswirtschaft umfangreiches Überblicks- und Detailwissen zu allen relevanten Feldern...

This paper investigates spatial linkages in returns, idiosyncratic risks, and volatilities across nineteen U.S. regional housing markets. Using Case & Shiller housing price indices from 1995 through 2009, we find that interconnections across markets can be “wider” and “stronger” than...

This paper models the correlated shocks across regional housing markets and the spillover effects in time-varying housing price volatilities. We explore two kinds of diffusion channels: geographic closeness and economic similarity. Our empirical investigation is based on the Case-Shiller housing...

Even though the cost for owner-occupied homes fell sharply in the last years, homeownership rates in the EU remain sluggish. Sound economic policy would promote homeownership especially as rents are on the rise. Policies that facilitate schemes such as equity release options, housing saving...