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Paper: eres2016_118
| Paper title: | Fifty shades of state: Quantifying housing market regulations in Germany |
| Authors: | Kholodilin, Konstantin |
| Summary: | The paper aims at measuring the rental housing market regulations in Germany between 1913 and 2015. Four classes of housing policy are considered: Rent controls, tenant protection, rationing of housing, and fostering of social housing. Based on a thorough analysis of federal and regional legislation, for each class, an index is constructed, increasing in degree of regulation. An average of the class-specific indices makes up a composite index. The index reflects dramatic increases in regulations during and immediately after the World Wars. Likewise, the 2010s are characterized by a surge in virtually all classes of regulations in Germany related to the growing housing scarcity in large cities due to intra- and international migration that leads to a geographical mismatch between housing supply and demand. |
| Type: | paper session |
| Year of publication: | 2016 |
| Series: | ERES:conference |
| Download paper: | |
| Citation: | Kholodilin, Konstantin (2016). Fifty shades of state: Quantifying housing market regulations in Germany. 23rd Annual European Real Estate Society Conference in Regensburg, Germany, http://itc.scix.net/paper/eres2016_118 |
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