Using German regional data for 1998, 2002 and 2006, this study reexamines the Oswald hypothesis, the conjecture that high levels of home ownership lead to inferior outcomes in regional labor markets. Including a set of controls for regional unemployment rates, three different econometric models...

Using German regional data for 1998, 2002 and 2006, this study reexamines the Oswald hypothesis, the conjecture that high levels of home ownership lead to inferior outcomes in regional labor markets. Including a set of controls for regional unemployment rates, three different econometric models...

This paper employs panel data on 413 counties and cities from 2004 to 2009 to investigate the local supply of new single-family housing in Germany. New single-family housing supply in local housing markets is measured by the number of new construction permits in relation to the local...

This paper investigates the determinants of new single-family housing supply in local housing markets in Germany, using construction permits as the dependent variable. The empirical estimations are based on a panel data-set for 413 German counties and cities spanning the time period of...

This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new single-family housing in local housing markets. New local housing supply is measured by the annual number of construction permits in relation to the existing single-family housing...

L<sc>erbs</sc> O. W. and O<sc>berst</sc> C. A. Explaining the spatial variation in homeownership rates: results for German regions, <italic>Regional Studies</italic>. This paper employs cross-sectional data on ninety-six German regions to investigate the interregional variability of homeownership rates. Among the explanatory...

This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new single-family housing in local housing markets. New local housing supply is measured by the annual number of construction permits in relation to the existing single-family housing...

Neben spezifischen Objektattributen ist die Lage eine der fundamentalen Immobilienpreisdeterminanten. Aber wie bedeutsam ist die Lage im Vergleich zur Wohnfläche oder zum Alter einer Immobilie? Unsere Ergebnisse zeigen, dass die relative Bedeutung der Lage hinsichtlich des Bestimmtheitsmaßes...

After the financial crisis, some Euro countries are still facing major economic problems. They require favourable interest rate conditions in order to free themselves from their difficulties. But due to the low interest rate policy of the ECB, the risk of a housing price bubble in Germany is...

The massive increase of property prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse more...