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The US home ownership rate rose by 10 percentage points between 1940 and 1945, about half the size of the net change over the 20th century, despite severe restrictions on construction during World War II. I present evidence that wartime rent control played an important role in this shift. The...
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Wohnungsbestand und -bau. Darüber hinaus sind weitergehende Eingriffe in das Wohneigentum verfassungsrechtlich höchst problematisch …
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liberalization effects of rent and credit regulation as well as homeownership and austerity policies. Drawing on a long-run time … dampening price increases, while certain homeownership and tenant subsidies and government austerity increase the likelihood of … bubbles. The paper illustrates the logic of rent, credit, homeownership and austerity effects with two case studies. …
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Trotz geltender Mietpreisbremse steigen die Mieten in den Städten unaufhaltsam. Ist das Instrument damit wirkungslos? Ein Blick auf Kaufpreise zeigt: Von der Regulierung betroffene Wohnungen weisen über 20 % geringere Kaufpreise auf, als vergleichbare Wohnungen in unregulierten Regionen. Die...
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This paper studies how the change of wealth of households represented by housing prices and stock market prices influences households' consumption. We provide empirical analysis based on the Czech aggregate data from 1998-2009. We analyse the effect of change in households' wealth on the...
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