Details
| Original language | English |
|---|---|
| Number of pages | 51 |
| Publication status | E-pub ahead of print - 19 May 2022 |
Publication series
| Name | IZA Discussion Papers |
|---|---|
| Publisher | IZA |
| Volume | 15199 |
| ISSN (Print) | 2365-9793 |
Abstract
Sustainable Development Goals
Cite this
- Standard
- Harvard
- Apa
- Vancouver
- BibTeX
- RIS
2022. (IZA Discussion Papers; Vol. 15199).
Research output: Working paper/Preprint › Working paper/Discussion paper
}
TY - UNPB
T1 - Explaining Regional Disparities in Housing Prices Across German Districts
AU - Brausewetter, L.
AU - Thomsen, S.L.
AU - Trunzer, J.
PY - 2022/5/19
Y1 - 2022/5/19
N2 - Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and 3) districts with higher initial price levels. Indications of price bubbles are concentrated in the largest cities and in the purchasing market. Prices seem to be driven by the demand side: increasing population density, higher shares of academically educated employees and increasing purchasing power explain our findings, while supply remained relatively constrained in the short term.
AB - Over the last decade, German housing prices have increased unprecedentedly. Drawing on quality-adjusted housing price data at the district level, we document large and increasing regional disparities: growth rates were higher in 1) the largest seven cities, 2) districts located in the south, and 3) districts with higher initial price levels. Indications of price bubbles are concentrated in the largest cities and in the purchasing market. Prices seem to be driven by the demand side: increasing population density, higher shares of academically educated employees and increasing purchasing power explain our findings, while supply remained relatively constrained in the short term.
U2 - 10.2139/ssrn.4114772
DO - 10.2139/ssrn.4114772
M3 - Working paper/Discussion paper
T3 - IZA Discussion Papers
BT - Explaining Regional Disparities in Housing Prices Across German Districts
ER -