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226 results, from 1
  • Infographic

    Investments in energy-efficient building renovation are on a downward slide

    22.08.2023
  • Brown Bag Seminar Industrial Economics

    Limited Price Competition Among Real Estate Agents and the Role of Inattention

    This paper relates incomplete price competition among real estate agents to inattentive home sellers. I exploit a recent legal reform in Germany which specifically aimed to increase price competition among real estate agents by raising the cost salience of sellers. I find that the reform backfired and real estate agents exploited the transition to increase their total commission rate by 0.3...

    03.05.2023| Julius Stoll, Hertie School
  • DIW focus

    Accelerate thermal modernization of buildings with minimum standards for buildings and binding retrofitting targets

    The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary...

    13.03.2023| Sophie Behr, Merve Küçük, Karsten Neuhoff
  • Brown Bag Seminar Industrial Economics

    The Housing Market in Public and Political Debate - a Text Analysis

    01.03.2023| Caroline Stiel, DIW Berlin
  • Infographic

    Inflation is pushing real construction volume into negative territory

    10.01.2023
  • DIW Weekly Report 1/2 / 2023

    Construction Boom Coming to an End; Change in Policy Strategy Needed

    Following the construction boom of recent years in Germany, inflation and supply bottlenecks hit the industry hard in 2022. While nominal construction volume increased by nearly 14 percent, it decreased by two percent when adjusted for inflation. Residential construction, which is urgently needed, was particularly affected. In 2023 and 2024, it is expected that investors will show restraint and that ...

    2023| Martin Gornig, Laura Pagenhardt
  • Externe referierte Aufsätze

    Rent Control, Market Segmentation, and Misallocation: Causal Evidence from a Large-Scale Policy Intervention

    This paper studies market segmentation that arises from the introduction of rent control. When a part of the market remains unregulated, theory predicts an increase of free-market rents due to the misallocation of households to dwellings. To document this mechanism empirically, we study a large-scale policy intervention in the German housing market. We isolate the misallocation mechanism by exploiting ...

    In: Journal of Urban Economics 134 (2023), 103513 | Andreas Mense, Claus Michelsen, Konstantin A. Kholodilin
  • Externe referierte Aufsätze

    The Rise and Fall of Social Housing? Housing Decommodification in Long-run Comparison

    The comparative study of housing decommodification lags behind classical welfare state research, while housing research itself is rich in homeownership studies but lacks comparative accounts of private and social rentals due to missing comparative data. Building on existing works and various primary sources, this study presents a new collection of up to forty-eight countries’ social housing shares ...

    In: Journal of Social Policy im Ersch. (2023), [online first: 2022-12-02] | Konstantin Arkadievich Kholodilin, Sebastian Kohl, Florian Müller
  • Externe referierte Aufsätze

    Rent Price Control – Yet Another Great Equalizer of Economic Inequalities? Evidence from a Century of Historical Data

    The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty’s r > g), taxation policies or ‘great levellers’ such as catastrophes. This article argues that housing policy, and particularly rent control, is a neglected explanatory factor in understanding macro inequality. We hypothesize that rent control could decrease overall housing wealth, lower ...

    In: Journal of European Social Policy 33 (2023), 2, S. 169–184 | Konstantin A. Kholodilin, Sebastian Kohl
  • Externe referierte Aufsätze

    The Hidden Homeownership Welfare State: An International Long-term Perspective on the Tax Treatment of Homeowners

    Welfare is traditionally understood as social security decommodifying labour markets or as social investment policies. In the domain of housing, however, welfare for homeowners is largely hidden in the tax codes’ fiscal exemptions. Based on a content analysis of legislation, this article introduces a novel yearly database of 37 countries between 1901 and 2020 to uncover the “hidden welfare state” of ...

    In: Journal of Public Policy 43 (2023), 1, S. 86–114 | Konstantin A. Kholodilin, Sebastian Kohl, Artem Korzhenevych, Linus Pfeiffer
226 results, from 1
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