Real estate prices are central to a range of themes that are, e.g., relevant for monetary policy, community development, environmental valuation, and economic planning more generally. This paper developes a real estate index based on apartment offer prices on the post code level for Germany,...

Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesize that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment...

In this study, I describe an anomaly I have found in the rental market in Israel: two key figures published by the Central Bureau of Statistics (CBS) regarding changes in rental prices are inconsistent. The first figure — Average Rental Prices — determines that rental prices increased by 59%...