In this paper, we make multi-step forecasts of the monthly growth rates of the prices and rents for flats in 26 largest German cities. Given the small time dimension, the forecasts are done in a panel-data format. In addition, we use panel models that account for spatial dependence between the...

In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 German cities. Above all, we are interested in whether the local business confidence indicators can allow substantially improving the forecasts, given the local nature of the...

Before the World War I, the urban rental housing market in Germany could be described as a free and competitive market. The government hardly interfered in the relationships between the landlords and ten- ants. The rents were set freely. During the World War I, the market was hit by several...

Before the World War I, the urban rental housing market in Germany could be described as a free and competitive market. The government hardly interfered in the relationships between the landlords and ten- ants. The rents were set freely. During the World War I, the market was hit by several...

New archival evidence on housing rents in Berlin over 1909-1917 is presented. The data are extracted from newspaper announcements and georeferenced. Using hedonic regressions quality-adjusted rent indices are constructed and employed to analyze the rental dynamics during World War I, when...

Following World War I, rent control became a standard policy response to the housing shortage and the resulting rent increases. Typically, economists blame it for creating inefficiencies in the housing market and beyond. We investigate whether rental market regulations (including rent control,...

Die Kaufpreise für Eigentumswohnungen sind seit Beginn des Jahres 2010 um durchschnittlich sechs Prozent gegenüber dem jeweiligen Vorjahresquartal gestiegen. Die Wachstumsraten der Mietpreise haben mit vier Prozent deutlich weniger zugenommen, liegen aber ebenfalls oberhalb der allgemeinen...

In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 German cities. Above all, we are interested in whether the local business confidence indicators can allow substantially improving the forecasts, given the local nature of the...

Before the World War I, the urban rental housing market in Germany could be described as a free and competitive market. The government hardly interfered in the relationships between the landlords and ten- ants. The rents were set freely. During the World War I, the market was hit by several...

Die Mietpreise in Deutschland steigen seit einigen Jahren wieder stärker. Vor allem in Metropolen wie Berlin, Hamburg und München lagen die Zunahmen zuletzt über dem gesamtdeutschen Durchschnitt von rund zwei Prozent. Die Bundesregierung möchte auf diese Entwicklung mit einer Mietpreisbremse...