In 2020, Berlin enacted a rigorous rent-control policy: the 'Mietendeckel' (rent freeze), aiming to stop rapidly …'s enactment. Additionally, we document a substitution effect affecting the rental markets of Berlin's (unregulated) satellite city …

In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices … successful in reducing rents during its duration, the consequences for Berlin's rental market and adjacent municipalities are not … border emerges, with rapidly growing rents for Berlin's (unregulated) adjacent municipalities. Moreover, we document a …