We estimate changes in the value and price of residential land for 379 German counties ("Landkreise") from 2014 to 2017 using a total of 42,685 observations. We use the two-step residual method that decomposes the value of a home into the value of the structure and land value. Despite the short...

There is a large literature in the U.S. measuring the extent and stringency of land-use regulations in urban areas and how these regulations affect important outcomes such as housing prices and economic growth. This paper is the first to present an international measure of regulatory stringency...

The construction sector value added in Mozambique grew at an average annual rate of 12.8 per cent in 1993-2015. Investment in the basic infrastructure of health, education, and housing improved families' and communities' living conditions. Investment in roads, communications, and office...

Clemens Müller befasst sich mit den Lebenszykluskosten von Bundes-, Landes-, und Kreisstraßen. Im Ergebnis der Untersuchung identifiziert der Autor wesentliche Hindernisse bei der Umsetzung von lebenszyklusorientierten Vertragsformen und entwickelt ein Modell zur Kalkulation der...

Cities around the world are experiencing unprecedented vertical growth. Yet, the economics of skyscrapers remain empirically understudied. This paper analyzes the determinants of the urban height profile by combining a micro-geographic data set on tall buildings with a unique panel of land...

Die in den Jahren 2009 und 2014 in Kraft getretenen Energieeinsparverordnungen (EnEV), die jeweils erhebliche Verschärfungen der baulichen Anforderungen beinhalteten, hat den Baukosten im Wohnungsneubau einen Schub gegeben. Die Effekte verteilten sich allerdings jeweils auf mehrere Jahre und...

The cost of building nine affordable housing projects in Los Angeles under the terms of a project labor agreement between the years 2008 and 2012 are compared to 121 affordable housing projects developed and built in the same time period and same area without project labor agreement...

Bei der Vererbung einer privaten Wohnimmobilie steht der Erbnehmer vor einer Nutzungsentscheidung: Die erbschaftsteuerlichen Verschonungsregeln des § 13 ErbStG schaffen dabei einen Anreiz zur Eigennutzung des geerbten Wohnraums, wohingegen einkommensteuerliche Vorschriften den Abzug von...

In the aftermath of a natural catastrophe, there is increased demand for skilled reconstruction labor, which leads to significant increases in reconstruction labor wages and hence insured losses. Such inflation effects are known as "Demand Surge" effects. It is important for insurance companies...

This paper employs panel data on 413 German counties and cities from 2004 to 2009 to investigate the supply of new single-family housing in local housing markets. New local housing supply is measured by the annual number of construction permits in relation to the existing single-family housing...

Although building operating charges have turned out to be a major determinant of profitability for real estate investments, there is a noticeable lack of reports or studies that analyze these costs with state-of-the-art statistical techniques. Specifically, past studies usually assume linear...

Although building operating charges have turned out to be a major determinant of profitability for real estate investments, there is a noticeable lack of reports or studies that analyze these costs with state-of-the-art statistical techniques. Specifically, past studies usually assume linear...

nicht vorhanden

Investoren und Eigentümer erwarten heute aus ihren Portfolios eine wesentlich höhere Wertschöpfung und fordern, das Fehlentscheide nicht automatisch durch Inflation und Wertsteigerung kompensiert werden, eine Aussage über die Lifecycle-Kosten einer Immobilie. Die Zeiten der Yield Compression...