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fuelled an increase in housing demand and led to severe housing shortages in some parts of Germany. Incumbent tenants in these …
Persistent link: https://www.econbiz.de/10012286303
We combine a standard stock-flow housing market model, incorporating explicit relationships between house prices, the housing stock, and the rent level, with a parsimonious expectation formation scheme of housing market investors, reflecting an evolving mix of extrapolative and regressive...
Persistent link: https://www.econbiz.de/10010517701
In this paper we seek to understand the recent dynamics of the Brazilian housing market, which experienced a significant growth in recent years. In particular, we assess the effects of aggregate productivity and monetary policy shocks on housing market variables. Moreover, we also investigate...
Persistent link: https://www.econbiz.de/10012171072
Since the instability of housing markets may be quite harmful for the real economy, we explore whether public housing construction programs may tame housing market fluctuations. As a workhorse, we use a behavioral stock-flow housing market model in which the complex interplay between speculative...
Persistent link: https://www.econbiz.de/10011855372
I estimate the impact of new housing supply on the local rent distribution, exploiting weather shocks during the construction phase as an instrument. New supply decreases rents at all quality levels. Building on a quantitative dynamic model of housing quality and tenure choice, I explain this...
Persistent link: https://www.econbiz.de/10012607819
Berlin (Germany) in 2019 for 200 m networks, we show that the proportion of poor quality and noisy residential units on …
Persistent link: https://www.econbiz.de/10013330713
In seiner jüngeren Geschichte war Deutschland mit vielen tiefgreifenden ökonomischen Krisen konfrontiert. Diese wirkten …In its recent history, Germany has faced many serious economic crises. Remarkably, these crises all had a completely …
Persistent link: https://www.econbiz.de/10011481475
geführt. Da die Einwohner in Deutschland überwiegend Mieter sind, ist die Betroffenheit entsprechend groß. Mit verschiedenen … wohnungspolitischen Instrumenten versucht der Gesetzgeber dazu beizutragen, den Ausgleich am Wohnungsmarkt (zumindest) zu befördern …
Persistent link: https://www.econbiz.de/10012270709
This document surveys the Uruguayan housing market, first describing the main housing programs and policies, then comparing their design with households’ characteristics and needs. The document additionally measures Uruguay’s housing deficit, using the basis deficit as well as quantitative...
Persistent link: https://www.econbiz.de/10009386059
"Despite large-scale governmental efforts to combat homelessness, homelessness rates can only be reduced but not … contribute to homelessness and gain insights on how to further reduce homelessness. To begin with, the relationship between the … conditions prevailing on the housing market and homelessness levels is made out with the help of a theoretical model. From this …
Persistent link: https://www.econbiz.de/10010592472