Topic Real Estate and Housing

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187 results, from 21
Diskussionspapiere 1890 / 2020

Airbnb and Rents: Evidence from Berlin

Cities worldwide have regulated peer-to-peer short-term rental platforms claiming that those platforms remove apartments from the long-term housing market, causing an in- crease in rents. Establishing and quantifying such a causal link is, however, challenging. We investigate two policy changes in Berlin to first assess how effective they were in regulating Airbnb, the largest online peer-to-peer short-term ...

2020| Tomaso Duso, Claus Michelsen, Maximilian Schäfer, Kevin Ducbao Tran
Externe referierte Aufsätze

Long-Term, Multicountry Perspective on Rental Market Regulations

This study introduces a new international longitudinal database of governmental rental market regulations. The regulations are measured using binary variables based on a thorough analysis of real-time, country-specific legislation. Three major restrictive policies are considered: rent control, protection from restriction, and housing rationing. The database covers 101 countries and states between 1910 ...

In: Housing Policy Debate 30 (2020), 6, S. 994-1015 | Konstantin A. Kholodilin
DIW Weekly Report 1/2 / 2020

Construction Industry an Important Pillar of the Economy: Investment Assistance Taking Effect

The construction industry is increasingly becoming a key pillar of the business cycle in Germany. DIW Berlin’s construction volume calculation indicates a real expansion of construction services by around three percent each year over the next two years. In nominal terms, sales in the construction industry and its related sectors will grow by around 6.5 percent in 2020 and almost six percent in 2021. ...

2020| Martin Gornig, Claus Michelsen, Laura Pagenhardt
Diskussionspapiere 1839 / 2020

Does Social Policy through Rent Controls Inhibit New Construction? Some Answers from Long-Run Historical Evidence

The (re-)introduction of rent regulation in the form of rent controls, tenant protection or supply rationing is back on the agenda of policymakers in light of rent inflation in many global cities. While rent control as social policy promises short-term relief, economists point to their negative long-run effects on new construction. This paper present long-run data on both rent regulation and housing ...

2020| Konstantin A. Kholodilin, Sebastian Kohl
Diskussionspapiere 1842 / 2020

The MARS Algorithm in the Spatial Framework: Non-Linearities and Spatial Effects in Hedonic Models

Multivariate Adaptive Regression Spline (MARS) is a simple and powerful non-parametric technique that automatizes the selection of non-linear terms in regression models. Non-linearities and spatial effects are natural characteristics in numerous spatial hedonic pricing models. In this paper, we propose using the MARS data-driven methodology combined with the Instrumental Variables method in order to ...

2020| Fernando A. López, Konstantin A. Kholodilin
Diskussionspapiere 1846 / 2020

The Effects of Rent Control in Latin America: A Century of Regulations in Argentina

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 ...

2020| Alejandro D. Jacobo, Konstantin A. Kholodilin
DIW focus 2 / 2020

Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self-employed ...

2020| Konstantin A. Kholodilin
Press Release

Increasing numbers of older individuals in Germany burdened by housing costs

Housing costs have risen sharply since 1996, especially for renters - Two thirds of older renting households spend over 30 percent of their income on rent compared with 38 percent in 1996 – People living alone in particular are affected by high housing costs Housing costs are rising in Germany. This is becoming a more widespread problem for individuals aged 65 and older, as their incomes are ...

03.07.2019
SOEP Brown Bag Seminar

Residential Segregation and Charitable Giving to Refugees

A large corpus of literature investigates how the presence of ethnic and economic out-group affects pro-social behavior. However, some long-standing theoretical controversies have not yet been resolved and empirical results are mixed. On the one hand, researchers associated with social identity and group-threat theories argue that out-group presence will drive down the pro-social behavior...

05.06.2019| Zbignev Gricevic
SOEP Brown Bag Seminar

Do immigrants prefer regions in which people are generally more open towards immigrants and immigration?

In my dissertation, I analyse the effect of migrant-open climate on immigrant location choice: Do immigrants prefer regions in which people are generally more open towards immigrants and immigration? I argue that to maximise well-being, immigrants reduce their risk of facing discrimination by choosing regions of residence in which migrant-open climate is higher.To capture revealed...

10.05.2019| Vera Guill (BGSS)
187 results, from 21
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