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87 cities in Germany over the period 1995-2012. Employing a panel error correction framework that accounts for the …
Persistent link: https://www.econbiz.de/10010510612
Persistent link: https://www.econbiz.de/10011639165
Demographic projections for Germany indicate a drop in the population of many regions by 2030. This is likely to have … residential real estate in Germany up to 2030 based on market data from empirica-systeme GmbH and a population projection from the … also be the case for single- and two-family homes in one-quarter of all districts. Some regions in eastern Germany will be …
Persistent link: https://www.econbiz.de/10011669514
87 cities in Germany over the period 1995-2012. Employing a panel error correction framework that accounts for the …
Persistent link: https://www.econbiz.de/10013023660
This paper investigates how changes to the age distribution of cities' resident popu-lations shape the growth rate of local house prices in different market segments. For estimation purposes, we combine city-level demographic information with de-tailed housing price data for 87 German cities...
Persistent link: https://www.econbiz.de/10011577355
This paper investigates the effects of each age group in the population on housing prices, the returns on different classes of bonds and the excess returns on equity across countries and over time. Previous empirical research focusing on a single country found a negative effect of the ratio of...
Persistent link: https://www.econbiz.de/10013099660
The population of Germany will be one of the first in the western hemisphere to undergo considerable permanent … level of Germany's metropolitan areas. It highlights asymmetric price reactions: growth in population numbers has no …
Persistent link: https://www.econbiz.de/10003660102
The population of Germany will be one of the first in the western hemisphere to undergo considerable permanent … level of Germany's metropolitan areas. It highlights asymmetric price reactions: growth in population numbers has no …
Persistent link: https://www.econbiz.de/10012955537
The population of Germany will be one of the first in the western hemisphere to undergo considerable permanent … level of Germany's metropolitan areas. It highlights asymmetric price reactions: growth in population numbers has no …
Persistent link: https://www.econbiz.de/10013149147
How does a shrinking population affect the housing market? In this study, drawing on Japan's experience, we find that there exists an asymmetric relationship between housing prices and population change. Due to the durability of housing structures, the decline in housing prices associated with...
Persistent link: https://www.econbiz.de/10013315094