This paper analyzes the effects of German homeownership subsidies on the intra-city rent structure. Using a large-scale micro data set on German rent offerings, I first construct novel city rent indexes that include various rings around cities' CBDs. Using triple differences (TD) frameworks, I...

This paper analyzes the effects of German homeownership subsidies on the intra-city rent structure. Using a large-scale micro data set on German rent offerings, I first construct novel city rent indexes that include various rings around cities' CBDs. Using triple differences (TD) frameworks, I...

Many countries subsidize homeownership, and Germany is no exception. However, for an interlude of 12 years Germany also paused its subsidy. Over these twelve years most of the country's 100 largest cities saw their central city population expand. We explore subsidy removal's role in center...

Many countries subsidize homeownership, and Germany is no exception. However, for an interlude of 12 years Germany also paused its subsidy. Over these twelve years most of the country's 100 largest cities saw their central city population expand. We explore subsidy removal's role in center...