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Quo vadis Wohnungspolitik?

Author

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  • Norbert Hiller
  • Daniel Schultewolter

Abstract

The massive increase of property prices in some regions of Germany is a direct consequence of the ongoing financial and debt crisis. Low interest rates and high inflation expectations increase the demand for real estate. In addition to a potential price bubble risk, social problems arouse more and more public interest. Currently, many tenants are facing significant rent increases. Thus, the shortage of housing dominates the current housing policy discussions. The so-called “package for affordable building and living” includes stricter rent controls and other economic policy interventions which aim to ease the situation in the real estate market, but the interventions have the opposite effect. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Norbert Hiller & Daniel Schultewolter, 2014. "Quo vadis Wohnungspolitik?," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 94(1), pages 34-40, January.
    • Handle: RePEc:spr:wirtsc:v:94:y:2014:i:1:p:34-40
    DOI: 10.1007/s10273-014-1622-9
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    Citations

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    Cited by:

    1. Thomsen, Stephan L & Vogt, Daniel & Brausewetter, Lars, 2019. "Wohnungsmarkt und Wohnungspolitik in Deutschland: Situation und Optionen," Hannover Economic Papers (HEP) dp-658, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    2. Thomschke, Lorenz, 2016. "Distributional price effects of rent controls in Berlin: When expectation meets reality," CAWM Discussion Papers 89, University of Münster, Münster Center for Economic Policy (MEP).
    3. Lorenz Thomschke, 2019. "Über die Evaluierung der Mietpreisbremse [On the evaluation of the German rental price break]," Zeitschrift für Immobilienökonomie (German Journal of Real Estate Research), Springer;Gesellschaft für Immobilienwirtschaftliche Forschung e. V., vol. 5(1), pages 21-36, November.

    More about this item

    Keywords

    R31; R32; R38;
    All these keywords.

    JEL classification:

    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R32 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Other Spatial Production and Pricing Analysis
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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