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Wohnungsmarkt vor große Herausforderungen, da in einigen Städten neuer Wohnungsbau dringend erforderlich ist und andere Städte mit … zunehmendem Leerstand umgehen müssen. Die Autoren zeigen die Folgen für die Wohnungsmärkte in Deutschland anhand des Beispiels …Due to demographic changes, housing markets in Germany differentiate notably. Frequently, shrinking and booming cities …
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As cities across the U.S. have rebounded from the Great Recession, an increasing number of households in urban areas are facing high rent burdens in order to remain in their current neighborhoods. Several policy options have been used to maintain or increase the supply of below-market rate...
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This paper provides new estimates of the housing stock, construction rates and price developments by city tier in China in order to understand where excess supply might be concentrated, and the implications of any significant contraction. We also update estimates of the size of China's rapidly...
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Houses and apartments sold in New York and New Jersey at prices above $1 million are subject to the so-called 1% “mansion tax" imposed on the full value of the transaction. This policy generates a discontinuity (a “notch") in the overall tax liability. We rely on this and other...
Persistent link: https://www.econbiz.de/10011145455
This paper provides the first theory and evidence on the role of presale policies in the residential housing market. We start with constructing a novel dataset of unfinished projects, presale policies, and land auction outcomes across 270 major cities in China. We then identify 2,330 unfinished...
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