Michelsen, Claus; Weiß, Dominik - Institut für Wirtschaftsforschung Halle (IWH) - 2009
The paper analyses the development of the East German housing market after the reunification of the former German … Democratic Republic and the Federal Republic of Germany in 1990. We analyse the dynamics of the East German housing market within … housing stock. Moreover, in line with the stylized empirical facts, we show that ‘hidden reserves’ of the housing market were …