This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six … exhibit mean reversion in the long-run. Moreover, we do not find evidence for biases related to individual housing tenure …

-run SOEP panel data and consider the impact of all housing transitions, whether or not they involve a change in housing tenure … or geographical movement, on both life satisfaction and housing satisfaction. Controlling for individual characteristics … housing satisfaction. This latter is particularly large for renters who become homeowners and move geographically, and for …

specific effects of these characteristics determined by the institutional environment as well as the functioning of the housing …

specific effects of these characteristics determined by the institutional environment as well as the functioning of the housing …

find that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland - the ….6 percentage points in Switzerland. The response of non-housing consumption in Switzerland is less heterogeneous across renters and …

overindebtedness is a home loan which raises doubts about whether families are indeed able to manage their housing finance. …

overindebtedness is a home loan which raises doubts about whether families are indeed able to manage their housing finance. …

), this argument applies especially to housing consumption which can hardly be substituted by home production. We test this … housing expenditures for tenants. For some econometric specifications, this effect is significantly stronger than the one of …