One explanation of the recent real estate bubble might point to homeowners' artificially restricting housing supply. While empirical work has not found unequivocal evidence in support of this hypothesis, homeowners may well be restricting supply nonetheless, and without this restriction...

Sowohl die Literatur als auch die öffentliche Diskussion zum Wohnungsleerstand in Ostdeutschland betonen das Unausweichliche des Bevölkerungsverlusts ostdeutscher Städte. Wir dagegen betonen, daß dieser Bevölkerungsverlust auch Ausdruck mangelnden Wettbewerbs auf ostdeutschen...

Many countries subsidize homeownership, and Germany is no exception. However, for an interlude of 12 years Germany also paused its subsidy. Over these twelve years most of the country's 100 largest cities saw their central city population expand. We explore subsidy removal's role in center...

A number of countries have seen large booms in house prices over recent years. Some authors argue that these booms have also been driven by the desire of homevoters -- voters who are homeowners -- to restrict supply, or zone. Only, empirical studies inform us that homevoters' observed role in...