Skip to content!

Topic Real Estate and Housing

0 filter(s) selected
Go to page
remove add
202 results, from 131
DIW Economic Bulletin 11 / 2014

Private Net Worth in Eastern and Western Germany Only Converging Slowly

Very nearly 25 years after the fall of the Berlin Wall, households in eastern Germany have an average net worth of 67,400 euros which is less than half that of their counterparts in western Germany with an average net worth of 153,200 euros. In both parts of the country, real estate ownership is quantitatively the most important asset type. Although the share of owner-occupiers has increased significantly ...

2014| Markus M. Grabka
Diskussionspapiere 1398 / 2014

The Market Value of Energy Efficiency in Buildings and the Mode of Tenure

Concerns about global warming and growing scarcity of fossile fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock. In this context, it is frequently argued that private investments are too low in the light of the potential ...

2014| Konstantin A. Kholodilin, Claus Michelsen
Externe referierte Aufsätze

The Economic Effects of a Central Bank Reacting to House Price Inflation

What are the economic effects of a central bank that takes the evolution of house prices into account? In an attempt to answer this question, we use a New Keynesian dynamic stochastic general equilibrium model with a housing sector to explore the economic impacts of a central bank reacting to house price inflation. We examine this in the context of two different shocks that are associated with two ...

In: Journal of Housing Economics 26 (2014), S. 119-125 | Guido Baldi
Diskussionspapiere 1417 / 2014

Speculative Price Bubbles in Urban Housing Markets in Germany

The surge in the German house prices starting in 2010 raised fears about the emergence of a speculative bubble. Given a local nature of housing markets, it is not clear to what extent the bubble, if any, is spread across different cities. In this paper, we test for speculative house price bubbles in 127 large German cities over the last 20 years. Along with testing bubbles for each city separately, ...

2014| Konstantin A. Kholodilin, Claus Michelsen, Dirk Ulbricht
Diskussionspapiere 1391 / 2014

Similar Challenges - Different Responses: Housing Policy in Germany and Russia between the Two World Wars

The World War I played a key role in shaping modern housing policy. While in the pre-War time virtually no housing policy existed, the beginning of hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war. Despite initially similar conditions and challenges induced by the war, housing policy was carried out in different ...

2014| Konstantin A. Kholodilin, Mark G. Meerovich
SOEPpapers 668 / 2014

Wohnsituation von Migrantenhaushalten: eine Analyse mit Blick auf den Effekt der Mietpreisbenachteiligung

In this paper a descriptive overview of the housing situation of immigrants in Germany is combined with a multivariate analysis on potential effects of rental price discrimination for specific groups of immigrants. The driving research question is, whether immigrants systematically pay higher rents for comparable flats. Utilizing data from the German Socio-economic Panel (SOEP) different variables ...

2014| Andreas Hartung
Externe referierte Aufsätze

Noise Expectations and House Prices: The Reaction of Property Prices to an Airport Expansion

We examine the effects of an airport expansion on the prices of houses and apartments located under the planned flight paths. We focus on the role of expectations of aircraft noise during the expansion of Berlin-Brandenburg International Airport. The publication of the flight paths can be seen as an exogenous event. It provides local residents and potential home buyers with reliable information in ...

In: The Annals of Regional Science 52 (2014), 3, 763-797 | Konstantin A. Kholodilin, Andreas Mense
DIW Economic Bulletin 4 / 2014

Improved Energy Efficiency: Vital for Energy Transition and Stimulus for Economic Growth

As part of the energy transition process, the German government has set far-reaching energy efficiency targets, including doubling the annual rate of building renovation to upgrade energy performance from one to two percent. DIW Berlin has estimated the additional energy-savings-related investment required to meet these targets and analyzed the impact this could have on the economy. In the long term, ...

2014| Jürgen Blazejczak, Dietmar Edler, Wolf-Peter Schill
Diskussionspapiere 1360 / 2014

Business Confidence and Forecasting of Housing Prices and Rents in Large German Cities

In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 German cities. Above all, we are interested in whether the local business confidence indicators can allow substantially improving the forecasts, given the local nature of the real-estate markets. The forecast accuracy of different predictors is tested in a framework of a quasi out-of-sample ...

2014| Konstantin A. Kholodilin, Boriss Siliverstovs
202 results, from 131