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 ...
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 ...
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 ...
Im Zuge der Energiewende hat die Bundesregierung weitreichende Energieeffizienzziele definiert. Für die energetische Sanierung des Bestandes an Wohngebäuden wird eine Verdopplung der jährlichen Sanierungsrate von ein auf zwei Prozent angestrebt. Das DIW Berlin hat die hierfür notwendigen energiebedingten Mehrinvestitionen abgeschätzt und deren volkswirtschaftliche Wirkungen analysiert. Längerfristig ...
When speculative price bubbles on real estate markets burst, the effects for the real economy are often devastating taking the form of substantial losses in production and employment. This paper discusses the degree to which institutional frameworks can prevent speculative bubbles from emerging and expanding. Comparing experiences in different countries indicates that, in Germany, institutional regulations ...