Cholodilin, Konstantin Arkadʹevič; Michelsen, Claus; … - 2015
, there is an intense debate about their potential impact on the prices of capital assets. Particularly in Germany, skepticism … of a speculative price bubble are raised. However, studies on bubbles in house prices are scarce and provide mixed … results. Moreover, the evidence on German property prices is either based on national indices, which are neglecting city …