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The study estimates the housing supply elasticity and the impact of geographic constraints in Germany from 2008 … housing supply elasticity across districts. Notably, high development intensity decreases the elasticity, while the … unavailability of land for development due to restrictive geography has no significant impact on the housing supply elasticity. The …
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price elasticity of housing supply … house prices and income varies significantly across locations, underscoring the importance of using estimation techniques …
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differences in the elasticity of housing supply can account for the wide variation in new construction volatility (but not price …Research on housing supply has grown owing to improved data combined with heightened interest in policies such as local … land use regulations. Heterogeneity in supply conditions across markets is shown to be essential to understanding the …
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