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Externe referierte Aufsätze
World War I played a key role in shaping modern housing policy. While in the pre-War era, there was virtually no housing policy, hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war. Originally, Russia went the same way as the other countries. However, after the communists seized power in November 1917, they started ...
In:
Journal of Urban History
44 (2018), 5, S. 930-952
| Konstantin A. Kholodilin, Mark G. Meerovich
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DIW Weekly Report 45 / 2018
Residential rental markets regulations have become an integral part of everyday life in Germany as in almost all other countries. The strong house price and rent increases over the past decade have fueled social debate on this issue. Tenant movements worldwide are demanding tighter regulations and advocating for affordable housing as a central civil right. In contrast, those skeptical of regulation ...
2018| Konstantin A. Kholodilin, Jan Philip Weber, Steffen Sebastian
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DIW Weekly Report 30/31 / 2018
Ten years after the worldwide financial and economic crisis was triggered by the American real estate market, real estate prices are rising around the globe. Concerns about a new housing bubble are growing. The present report based on OECD data for 20 countries demonstrates that this concern is not unwarranted. In eight countries, including the United Kingdom and the USA, the evolution of real estate ...
2018| Konstantin A. Kholodilin, Claus Michelsen
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Weitere externe Aufsätze
Property wealth represents the most important wealth component in nearly all OECD countries. Homeownership is linked to wealth accumulation in several ways: Wealthier households are more likely to buy a house or apartment, home owners tend to save more and rising house values typically yield higher returns than money in a bank account. Moreover, owners can borrow on a mortgage to finance, e.g., the ...
In:
Robin Tillmann, Marieke Voorpostel, Peter Farago ,
Social Dynamics in Swiss Society : Empirical Studies Based on the Swiss Household Panel
Cham: Springer
S. 175-185
Life Course Research and Social Policies ; 9
| Ursina Kuhn, Markus Grabka
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Economic Bulletin
Residential heating is responsible for one-fifth of Germany’s energy consumption. Heating costs were around 562 euros per year for an average apartment in 2016, which is more than a 13th month’s rent minus heating costs (Kaltmiete). These are the findings of the 2016 Heat Monitor, published by the German Institute for Economic Research and ista Deutschland GmbH. The report presents evaluations ...
20.09.2017| Claus Michelsen
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Economic Bulletin
Demographic projections for Germany indicate a drop in the population of many regions by 2030. This is likely to have an impact on the real estate market. Our report presents the result of a model calculation of asking prices for residential real estate in Germany up to 2030 based on market data from empirica-systeme GmbH and a population projection from the Bertelsmann Foundation. Depending on the ...
26.06.2017| Markus M. Grabka
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Interview
Mr. Grabka, you have studied the effects of the demographic shift on residential real estate prices in Germany. What does population growth in the coming decades look like?
We based our work on the population forecast coordinated by the German Federal Statistical Office (Statistisches Bundesamt), which currently extends to 2060. According to that projection, the population of Germany will shrink by ...
26.06.2017| Markus M. Grabka
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Economic Bulletin
Although the housing prices in the 127 largest German cities have surged strongly in recent years, there is still no sign of a Germanywide housing bubble. In comparison with 2009, the price of condominiums has risen by around 55 percent. Single-family houses cost between 38 and 45 percent more in 2016 than seven years prior, and building lot prices have risen by around 63 percent. The study at hand ...
26.06.2017| Konstantin A. Kholodilin, Claus Michelsen
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Economic Bulletin
A significant rise in Germany’s construction volume is expected for this year and the next, even if the growth is not as pronounced as it was in 2016. According to DIW Berlin’s latest construction volume calculations, the sum of all new construction and building refurbishments will increase in real terms by 1.6 and 2.4 percent in 2017 and 2018, respectively, from a rate of 2.5 percent in ...
13.02.2017| Claus Michelsen
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SOEPpapers 938 / 2017
The aim of this paper is to construct the “space of capital” based on disaggregated measures of capital portfolios and to analyze the dynamics of class mobility over time. Drawing on Pierre Bourdieu’s concept of the “social space”, we argue that it is possible to directly assess the structural dimensions of the social space as a space of (economic and cultural) capital, including wealth as an important ...
2017| Nora Waitkus, Olaf Groh-Samberg