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The rising concentration of low-income households and ethnic minorities has become an important policy issue in Germany. The Ruhr Area is particularly interesting, because it is one of the largest conurbations in Europe and experienced radical structural changes in the past, which are connected...
Persistent link: https://www.econbiz.de/10012549543
The gap between market rent and the price of shelter was 6.6 percent larger in December 2023 relative to December 2019 … this question. When there is a positive market-shelter gap, the price of shelter grows faster and market rent grows slower … until the gap closes, which takes about five years. Faster shelter‐price growth and slower market‐rent growth each explain …
Persistent link: https://www.econbiz.de/10014636882
This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs matched home purchase price and rental price series using the repeated sales method. These matched series allow us to conduct time series analysis to examine the long-term present...
Persistent link: https://www.econbiz.de/10011480909
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Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: Growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and...
Persistent link: https://www.econbiz.de/10013171794
Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and...
Persistent link: https://www.econbiz.de/10013172850
temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in … renter households lose. Our counterfactual analysis mimicks the rent control policy. We find that this policy reduces welfare …
Persistent link: https://www.econbiz.de/10012696919
available for rent for a larger part of the year. Further analyses suggest some effect heterogeneity across the city. In …
Persistent link: https://www.econbiz.de/10012258925