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 … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …

differences between the Anglo-Saxon countries and Germany in terms of prevalence and extent of IR as well as in terms of the …

Home buyers in Germany not only have to pay high down payments for financing their property, but they also have to pay …