Auswirkungen der Eigentumsformen und des Mieterschutzes auf die Wohnungsqualität – Eine empirische Analyse basierend auf SOEP

Takakura Hiroki ()
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Takakura Hiroki: Department of Economics, Shizuoka University, 836 Ohya Suruga-ku Shizuoka 422-8529 Japan

Zeitschrift für Wirtschaftspolitik, 2009, vol. 58, issue 3, 371-395

Abstract: This paper considers the effect of rental externality and protection of tenants on housing quality. Rental externality means that the quality of renter-occupied housing is lower than that of owner-occupied housing, because asymmetrical information prevents the proper functioning of the rental contract, which obliges a tenant to repair completely the housing. Protection of tenants can also reduce the quality of the accommodation, because the protection can cause a decrease in profitability for the landlord and overutilization of the dwelling by tenants. Using the ordered logit model and the panel logit model with Garman Socio-Economic Panel, I obtained the empirical results that support theoretical predictions, although the quality of rental housing in Germany is relatively good.

Date: 2009
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DOI: 10.1515/zfwp-2009-0305

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