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An enormous increase of initial rents in many German cities over the last decade has prompted the current grand coalition to implement a new rent control called "Mietpreisbremse" in 2015 (literally a brake on rental prices). This reform aims to stop exploding rents and to provide particularly...
Persistent link: https://www.econbiz.de/10011557784
An enormous increase of initial rents in many German cities over the last decade has prompted the current grand coalition to implement a new rent control called "Mietpreisbremse" in 2015 (literally a brake on rental prices). This reform aims to stop exploding rents and to provide particularly...
Persistent link: https://www.econbiz.de/10011557817
Abstract: The German Mietspiegel is a database to determine typical local market rents consisting of newly offered and ongoing contracts. Last year, the German government enacted a new law called „rental brake“, which caps rental prices of re-lettings at the level of a local Mietspiegel in...
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In this paper, I analyze the distribution of rental prices in Berlin using quantile estimates and decomposition methods. These methods have been rarely applied in the field of housing economics but have proven to offer relevant insights into the evolution of price distributions. The shift of...
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