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The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …
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This paper analyzes the effects of German homeownership subsidies on the intra-city rent structure. Using a large …' CBDs. Using triple differences (TD) frameworks, I then estimate the introduction of the homeownership subsidies' effects on … rent for the cities that received varying subsidy rates. The empirical results indicate that subsidies to homeownership …
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