Impact of urban development funding on quoted rents in Berlin - A real estate economic analysis based on a former social preservation area, the Stephankiez in Berlin-Moabit

Holger Lischke

ERES from European Real Estate Society (ERES)

Abstract: Urban development funding implies improvement of the set development area. The analysis of Stephankiez in Berlin-Moabit and several reference areas shows a connection between formulated goals of applied funding programs and the four forms of improvement. Especially structural improvement leads to a improved residential environment. Most funding progams don’t imply building of new flats. As evident through rent analysis this leads to a higher demand for space in the funding area combinded with rising quoted rents. This doctoral thesis is embedded in the field of urban economics and acts between real estate economics and urban planning. The analysis strives to point out the impact of urban development funding on quoted rents in residential housing. Especially for social preservation areas in accordance to German law (§ 172 BauGB). An urban district in Germany, the Stephankiez in Berlin-Moabit acts as an example. The Stephankiez as a former social preservation area is surrounded by several urban development programs.

Keywords: Berlin; quoted rent; rent analysis; urban development funding; Urban Economics (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2019-01-01
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2019_60

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