Loss aversion is a core concept in prospect theory that refers to people's asymmetric attitudes with respect to gains and losses. More specifically, losses loom larger than gains. With the capability of loss aversion to explain economic phenomena, some of which are puzzling under expected...

Die Erwerbsnebenkosten in Deutschland sind hoch und stellen eine wesentliche Hürde für die Wohneigentumsbildung dar. Zu den Erwerbsnebenkosten zählen, neben der Grunderwerbsteuer und den Notarkosten, auch die Maklergebühren, die Käufer in einigen Bundesländern mit bis zu 7,14 Prozent der...

This paper presents new estimates of wealth inequality in Sweden during 2000-2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of individual...

This paper presents new estimates of wealth inequality in Sweden during 2000-2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of individual...

Home buyers in Germany not only have to pay high down payments for financing their property, but they also have to pay high transaction costs. Besides the transaction tax, also notary fees and the entry in the land register sum up to a considerable amount. The cases of the Netherlands and the...

Die Voraussetzungen für die Bildung von Wohneigentum sind derzeit besonders gut, vor allem aufgrund der historisch geringen Hypothekenzinsen. Dennoch hat sich die Wohneigentumsquote zwischen 2011 und 2014 kaum erhöht, was vor allem an der geringen Eigentumsbildung bei Haushalten mit geringen...

Die Mieten und Preise in den deutschen Großstädten sind seit 2010 kräftig gestiegen. Dennoch ist das Wohnen in den deutschen Metropolen heute teilweise erschwinglicher als noch 2010. Ursächlich hierfür sind die durchschnittlich gestiegenen Einkommen und vor allem – mit Blick auf das...

Die Steigerung der energetischen Modernisierungsrate im Wohngebäudebestand zählt zu den strategischen Zielen der Klimapolitik in Deutschland. Gemessen am Anteil von WEG-Wohnungen am Gesamtwohnungsbestand ist die Sanierungsaktivität dieser Eigentümergruppe im Vergleich zu anderen Gruppen...

The article presents partial results of a survey, which considered factors determining the decision-making and purchase of residential property from the perspective of young families. The main research objectives were to identify the young families¡¯ ownership structure and their living...

Both growth and unevenness in the distribution of housing wealth have become characteristic of advanced societies in recent decades. Housing Wealth and Welfare examines, in various contexts, how housing property ownership has become central both to household wellbeing and to the reshaping of...

Acknowledgements -- Introduction -- Housing affordability -- Housing segregation and discrimination -- Homelessness -- Homeownership and home financing -- Housing development, planning, and the environment -- Conclusion -- Figures

Provided there are positive external benefits attached to the historic character of buildings, owners of properties in designated conservation areas benefit from a reduction in uncertainty regarding the future of their area. At the same time, the restrictions put in place to ensure the...

The available data, while incomplete, suggest that for much of the past decade or so approvals granted for foreign investment in the residential sector have remained around 5–10 per cent of the value of dwelling turnover in Australia, and perhaps half that share of the total number of...