Real residential investment in Germany is found to be cointegrated with population, real national income per capita and real house prices. This evidence is consistent with a model where the trend in housing demand is determined by demographic factors and economic well-being to which supply...

Real residential investment in Germany is found to be cointegrated with population, real national income per capita and real house prices. This evidence is consistent with a model where the trend in housing demand is determined by demographic factors and economic well-being to which supply...

Mit der Studie legt Dominik Weiß die erste umfassende Untersuchung vor, die sich quantitativ mit den Effekten des Stadtumbaus auf Preis­bildung und Wertentwicklung am Immobilienmarkt auseinandersetzt. Durch die Anwendung eines realoptionstheoretischen Ansatzes wird eine innovative...