The purpose of this research is to empirically test whether house price increases are an important factor in a household’s savings decisions and whether housing tenure choice and savings behavior are inter-correlated in Taiwan. Heckman's two-stage procedure for correcting sample selection bias...

In this study, we follow the female in a cohort analysis of her housing choices in Taiwan, using data from the population and housing census for 1980, 1990 and 2000. In addition to looking at the female population as a whole, we also compare the differences between females who are heads of...

This paper examines real property tax as a determinant of tenure choice. The analysis is conducted in two stages. First, parameter estimates for a reduced-form homeownership model are obtained through multivariate logistic regression on data drawn from the U.S. Survey of Income and Program...

We explore the effects of mandatory third-party review of mortgage contracts on the terms, availability, and performance of mortgage credit. Our study is based on a legislative experiment in which the State of Illinois required 'high-risk' mortgage applicants acquiring or refinancing properties...

This paper analyzes whether predominantly non-listed corporations in the residential property industry systematically adjust their capital structure to changing financing requirements. Since previous research almost exclusively focused on listed companies, little is known about the...

Globally, real estate trade is highly regularized. Usually, the market value is not negotiated simply between the seller and potential buyer but based on an assessment performed by a professional valuer, known as a surveyor or appraiser. This paper inquires about the economic role of valuers in...

This paper studies the geography of competition on Moscow commercial real estate market. We estimate the elasticity of office rental price to the prices of competing objects as a function of the geographical distance. We found that office real estate market in Moscow, although saturated, is...

Im Rahmen ihrer Koalitionsverhandlung hat sich die neue Bundesregierung auf eine Mietpreisbremse verständigt, um der vermuteten Preisexplosion auf dem Wohnungsmarkt entgegenzuwirken. Entgegen dieser Einschätzung kommen wir zu dem Ergebnis, dass die Nettokaltmieten in Deutschland in den...

Restrictions on new constructions and modernisations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

Ungefähr 40 Prozent des gesamten Endenergieverbrauchs in Deutschland entfallen auf den Gebäudesektor. Gleichzeitig gilt die Steigerung der Gebäudeenergieeffizienz als eine der kosteneffektivsten Optionen zur Einsparung von Treibhausgasen. Um dieses Potential auszuschöpfen, wurde der...