Angesichts beträchtlicher Funktionsmängel des Wohnungsmarktes besteht wohnungspolitischer Handlungsbedarf. Die Studie zeigt, daß der soziale Mietwohnungsbau nicht in der Lage ist, einkommensschwache Haushalte und soziale Randgruppen effizient mit Wohnraum zu versorgen. Einzelne...

We suggest that public housing matters for FDI. We assume that FDI creates gains for some residents and losses for others. Losers from FDI will oppose FDI. To win support for FDI, local government may want to pay compensation in cash. In the paper’s model, however, cash payments are not...

A perennial debate worldwide over housing aid policy focuses on whether the government should provide housing vouchers or subsidized public housing units. To complement the empirically- dominated literature, this paper builds a general equilibrium model that merges urban land use (monocentric...