Braun, Stefanie; Lee, Gabriel S. - 2020
land values increased by 108% and 91% for West and East Germany. Our findings imply that cycles in the German land values … relatively more expensive in the majority of German counties. More specifically, we show that the cumulative change in land … values varies between 9% and 171% (excluding Berlin with exorbitant high increases of 668% and Saarland with a decrease of 18 …