This paper analyses the highly under-researched German residential real estate market. Quality- and spatial-adjusted price and liquidity indices are calculated separately for the investment and rental market on a regional basis. Applying the “Partitioning Around Medoids (PAM)” clustering...

The study examined the relationships between residents' socioeconomic characteristics and the housing quality standard in Abeokuta, Nigeria. Systematic sampling technique was used to select 198 household heads for questionnaire administration. The findings revealed that socioeconomic factors are...

Using Dortmund as a case study we analyse whether rents and housing prices responded to local demographic change in a German city between 2007 and 2016. In a two-step analysis based on a spatial autoregressive hedonic pricing model and a discrete choice model of housing location we find that...

In this paper, the liquidity (inverse of time on market) of rental dwellings and its determinants for different liquidity quantiles are examined for the seven largest German cities. The determinants are estimated using censored quantile regressions in order to investigate the impact on very...

In den Koalitionsverhandlungen wurde ein Paket für bezahlbares Bauen und Wohnen vereinbart. Das Paket enthält unter anderem eine Mietpreisbremse, deren Wirkung die Autoren insbesondere auf längere Sicht kritisch sehen. Sie fürchten, dass dadurch weniger Wohnungen angeboten werden und ein...

This article examines the spatially varying effect of age on single-family house (SFH) prices. Age has been shown to be a key driver for house depreciation and is usually associated with a negative price effect. In practice, however, there exist deviations from this behavior which are referred...

The massive increase of real estate prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse...

This paper estimates a lifecycle model of consumption, housing choice, and migration in the presence of aggregate and regional shocks, using the Survey of Income and Program Participation (SIPP). The model delivers structural estimates of moving costs by ownership status, age, and family size...

Die Bevölkerung in Deutschland wird in den nächsten Jahrzehnten deutlich kleiner. Landkreise und Städte im Ruhrgebiet und im Osten Deutschlands schrumpfen schon jetzt, während Metropolen wie München und Hamburg noch kräftig zulegen. Immobilieninvestoren konzentrieren sich daher vornehmlich...

Die Besteuerung von selbstgenutztem und vermietetem Wohneigentum folgt in Deutschland sehr unterschiedlichen Regeln. Während selbstgenutzte Immobilien wie ein Konsumgut behandelt werden, gelten vermietete Immobilien als Investitionsgut. Bedingt durch diese Ungleichbehandlung variiert die...