Restrictions on new constructions and modernisations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

Restrictions on new constructions and modernisations occur in almost all countries and numerous regulations apply in Germany. This article outlines regulations regarding the protection of historical buildings, restoration law and preservation statutes and describes compensatory subsidies...

Purpose – Between 1997 and 2005, the German government provided owner‐occupied subsidies to fund new private housing construction and stock purchases to increase owner‐occupied housing. The purpose of this paper is to analyse the impact of these subsidies on total housing construction for...