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SOEPpapers 822 / 2016
Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked housing-tenant data for Germany, this paper estimates panel OLS and quantile regressions of rents within tenancies. The results show that rents deflated by the CPI increase strongly from 1984 ...
2016| Bernd Fitzenberger, Benjamin Fuchs
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Refereed essays Web of Science
This study investigates the relationship between regional housing market fundamentals and energy consumption. We argue that dwellings, in particularly rental properties, are not only consumer goods, but also constitute financial market assets. Properties are spatially fixed and traded in regional contexts, where real estate market characteristics like vacancy, income levels, and expectations determine ...
In:
The Energy Journal
37 (2016), 4, S. 25-43
| Marius Claudy, Claus Michelsen
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Press Release
DIW Berlin’s construction volume calculations: construction industry remains a key pillar of the German economy—need for action in energy-efficient refurbishment and in accommodating refugees
The construction industry remains a key pillar of the German economy: buildings worth a total of around 338 billion euros will have been constructed or modernized in Germany by the end of this year—2.7 ...
02.12.2015
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Economic Bulletin
The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1 percent in 2014 and 2015, respectively. Currently, new residential construction is an important engine for growth ...
14.01.2015| Martin Gornig, Claus Michelsen
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SOEPpapers 815 / 2015
In this paper we shall examine homeownership trends over the past 3 to 4 decades and discuss differences related to the homeownership gap for women and men, with a focus on most recent trends. We shall compare differences in the US to those in countries with different institutional structures and shall pay particular attention to differences across family types. Our estimation techniques will allow ...
2015| Mariacristina Rossi, Eva Sierminska
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SOEPpapers 806 / 2015
The affordability of housing has become a major topic of discussion in Germany among both social scientists and the public at large. Using data from the German Socio-Economic Panel (SOEP), we provide rent-income ratios over more than two decades and show how they change with households’ disposable needs-adjusted income. We find a substantial increase in the ratios over the 1990s. In the decade that ...
2015| Teresa Backhaus, Kathrin Gebers, Carsten Schröder
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Diskussionspapiere 1477 / 2015
Before the World War I, the urban rental housing market in Germany could be described as a free and competitive market. The government hardly interfered in the relationships between the landlords and ten- ants. The rents were set freely. During the World War I, the market was hit by several violent shocks. The outbreak of the war led initially to a huge outflow of men from cities to the fronts. Towards ...
2015| Konstantin A. Kholodilin
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DIW Economic Bulletin 9 / 2015
Aircraft noise is a particularly problematic source of noise as many airports are located in or near major cities and, as a result, densely populated areas are affected. Data from the Berlin Aging Study II (Berliner Altersstudie II, BASE-II), whose socio-economic module is based on the longitudinal Socio-Economic Panel (SOEP) study which has been conducted since 1984, allows us to examine the effect ...
2015| Peter Eibich, Konstantin Kholodilin, Christian Krekel, Gert G. Wagner
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DIW Roundup 53 / 2015
After a period of stagnation that lasted for almost two decades, German house prices began to grow at an accelerated pace since late 2010. Real house prices that even had been declining in 2000-2008 started to climb up steeply from the second half of 2010, followed by a recovery of construction activities. This development raised concerns about the formation of a speculative house price bubble among ...
2015| Konstantin A. Kholodilin, Claus Michelsen, Dirk Ulbricht
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DIW Economic Bulletin 3 / 2015
The construction industry remains a key pillar of the German economy. According to the latest construction volume calculations by DIW Berlin, the value of construction in 2014 and 2015 is forecast to grow far more rapidly than the economy as a whole: by a price-adjusted 3.3 percent and 2.1 percent in 2014 and 2015, respectively. Currently, new residential construction is an important engine for growth ...
2015| Martin Gornig, Claus Michelsen