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This paper seeks to understand the extent financialisation has had an impact on the rental housing market in Berlin. Specifically, it focuses on the financialisation of non-financial rental housing companies. The financial statements of five large, publicly listed, commercial rental housing...
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I estimate the impact of new housing supply on the local rent distribution, exploiting delays in housing completions … by 0.2 percent, and increases disproportionately the number of second-hand units offered for rent. The impact of the … supply shock is similarly strong in locations experiencing growing housing demand. Moreover, it affects the entire rent …
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high-availability Airbnb listing crowds out 0.6 long-term rentals and, consequently, increases the asked square-meter rent …, these district experienced a larger slowdown in rent increases following the reform due to larger reductions in Airbnb …
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available for rent for a larger part of the year. Further analyses suggest some effect heterogeneity across the city. In …
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We estimate the causal impact of a 2018 zoning reform that banned new short-term rental registries in some parts of Lisbon. The short-term rental licence expires when the house is sold, hence the ban removes the option value of short-term renting a property. We rely on two administrative data...
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