Kholodilin, Konstantin A.; Ulbricht, Dirk - Institut für Weltwirtschaft (IfW) - 2015
In this paper, the authors construct a unique data set of Internet offer prices for flats in 48 large European cities …-specific house prices. Based on this information they investigate the determinants of the apartment prices. Four factors are found to … regression. Based on their estimation results the authors are able to identify the cities, where the prices are overvalued. This …