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DIW Weekly Report 42/43/44 / 2022
The building sector plays a major role when it comes to meeting climate targets. An analysis by DIW Berlin based on data from energy provider ista SE shows that in the past two years both the temperature-adjusted heat consumption in German multi-apartment buildings and the temperature-adjusted CO2 emissions have dropped slightly. As positive as this decrease is—despite the increase in homeworking due ...
2022| Till Köveker, Mats Kröger, Franziska Schütze
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Refereed essays Web of Science
In this study, we investigate the determinants of rental prices in Russian Empire prior to World War I and the variation of housing rents across cities. For our research, we use statistical data on 1232 cities in 1910. Our analysis shows that the urban rents in imperial Russia were affected by such city characteristics as its population structure, prices for different goods, and the geographical position. ...
In:
Voprosy ėkonomiki : ežemesjačnyj žurnal
(2022), 7, S. 123-239
| Alisa Y. Raykovskaya, Marina A. Talantceva, Konstantin A. Kholodilin
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DIW Berlin - Politikberatung kompakt 183 / 2022
Urban areas are confronted with a chronic shortage of housing, especially in the low-rent segment. This precarious situation is further exacerbated by major chal-lenges, like the destruction of housing by wars and natural catastrophes, rapid increase of demand, or a pandemic cutting incomes. In response, the authorities take advantage of rent control that slows down rent increases or even freezes rents. ...
2022| Konstantin A. Kholodilin
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SOEPpapers 1169 / 2022
Wohnkosten machen einen großen Teil der Ausgaben der Haushalte und Familien aus, und variieren zwischen Haushalten unterschiedlicher Größe und Struktur stark. Trotzdem werden sie in der Familienberichterstattung bisher wenig thematisiert. Die vorliegende Arbeit will diese Lücke schließen, indem sie die Wohnkostensituation und Wohlfahrtsvorteile, die sich durch kostenreduziertes Wohnen ergeben, in Kategorien ...
2022| Susanne Elsas, Annika Rinklake
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Refereed essays Web of Science
We study how land use fragmentation affects the life satisfaction of city dwellers. To this end, we calculate fragmentation metrics based on exact geographical coordinates of land use from the European Urban Atlas and of households from the German Socio-Economic Panel. Using ordinary least squares and fixed effects specifications, we find little effect on life satisfaction when aggregating over land ...
In:
Land Economics
98 (2022), 2, S. 399-420
| Christine Bertram, Jan Goebel, Christian Krekel, Katrin Rehdanz
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Diskussionspapiere 2008 / 2022
This study investigates the effects of short-lived rent control regulations introduced in Catalonia in September 2020 and revoked in March 2022. Using the microdata of the largest Spanish housing advertisement portal idealista between January 2017 and May 2022, we analyze the dynamics of prices and supply for dwellings offered for rent and for sale. We also examine separately the rental and sales markets. ...
2022| Konstantin A. Kholodilin, Fernando A. López, David Rey Blanco, Pelayo González Arbués
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DIW Weekly Report 12 / 2022
Over the course of the 20th century, governments have frequently used rent control to keep rents affordable, especially in times of crisis when housing is scarce. Existing research shows that rent control has undesirable side effects, such as overall societal welfare losses, market misallocation, a declining housing supply, and lower mobility. However, there has been little research examining the effect ...
2022| Konstantin A. Kholodilin, Sebastian Kohl
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Diskussionspapiere 1999 / 2022
In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the consequences for Berlin’s rental market and adjacent municipalities are not clear. In this paper we evaluate the ...
2022| Anja M. Hahn, Konstantin A. Kholodilin, Sofie R. Waltl, Marco Fongoni
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Refereed essays Web of Science
Following World War I, rent control became a standard policy response to the housing shortage and the resulting rent increases. Typically, economists blame it for creating inefficiencies in the housing market and beyond. We investigate whether rental market regulations (including rent control, protection of tenants from eviction, and housing rationing) had any effects in a middle-income Latin American ...
In:
Journal of Housing and the Built Environment
37 (2022), S. 1923–1970
| Alejandro D. Jacobo, Konstantin A. Kholodilin
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Diskussionspapiere 1994 / 2022
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and from an information RCT. As novel findings, we show that price expectations exhibit mean reversion in the ...
2022| Niklas Gohl, Peter Haan, Claus Michelsen, Felix Weinhardt