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87 cities in Germany over the period 1995-2012. Employing a panel error correction framework that accounts for the …
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This paper investigates how changes to the age distribution of cities' resident popu-lations shape the growth rate of local house prices in different market segments. For estimation purposes, we combine city-level demographic information with de-tailed housing price data for 87 German cities...
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Demographic projections for Germany indicate a drop in the population of many regions by 2030. This is likely to have … residential real estate in Germany up to 2030 based on market data from empirica-systeme GmbH and a population projection from the … also be the case for single- and two-family homes in one-quarter of all districts. Some regions in eastern Germany will be …
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