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Homeownership is heavily subsidized in many countries mainly through the tax code. The adverse effects of lenient tax treatment of owner-occupied housing on economic efficiency and growth are well documented in the economics literature. The main argument in favor of subsidizing owner-occupied...
Persistent link: https://www.econbiz.de/10011515044
Given the rapid expansion of wind power capacities in Germany, this paper estimates the effects of wind turbines on … house prices using real estate price data from Germany’s leading online broker. Employing a hedonic price model whose …
Persistent link: https://www.econbiz.de/10012296417
This work explores the impact of 'Studentification' of a neighborhood on the profitability of investment in the housing market. The study breaks down the impact of students on the housing market into two areas: apartments for sale and apartments for rent. The Israeli housing market provides the...
Persistent link: https://www.econbiz.de/10012495771
According to social scientists such as Richard Florida and Ronald Inglehart, the structural changes that accompany post-industrialization not only change the industrial and occupational structures of post-industrial regions. They also affect the value structure so that creativity, quality of...
Persistent link: https://www.econbiz.de/10011514086
We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our …
Persistent link: https://www.econbiz.de/10011485165
"Spatial thinking" is increasingly popular in housing market studies and spatial dependence across properties has been widely investigated in the intra-city housing market. The contribution of this paper is to study the spatial dependence and spillover effect of house prices from an interurban...
Persistent link: https://www.econbiz.de/10011495528
property values of single-family houses in Germany. Thereby we examine possible heterogeneous effects among regions. With 455 … energy efficiency on housing values for Germany on a more small-scale level and specifically investigating regional …
Persistent link: https://www.econbiz.de/10012431474
households and account for a large proportion of bank lending. In Germany, the housing accounts for more than a half of wealth of … increases have been observed in Germany. This raised doubts and fears in German society. On the one hand, it is feared that … Germany can follow the path of Spain, Ireland, and other bubble countries that ended in a severe economic crisis. On the other …
Persistent link: https://www.econbiz.de/10011505867
-family housing in Germany. Construction activity in local housing markets (measured by new housing permits related to the local …
Persistent link: https://www.econbiz.de/10011517966
SUMMARY - In many countries, wind turbines are constructed as part of a strategy to reduce fossil fuel dependence. In this paper, we measure the external effect of wind turbines on the transaction prices of nearby properties. Using a unique transaction price dataset covering the period 1985-2011...
Persistent link: https://www.econbiz.de/10011486973