Die Legende von der Mietpreisexplosion

Benček David () and Klodt Henning ()
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Benček David: Institut für Weltwirtschaft an der Universität Kiel, Zentrum Wirtschaftspolitik, Kiellinie 66, 24105 Kiel
Klodt Henning: Institut für Weltwirtschaft, Zentrum Wirtschaftspolitik, 24100 Kiel

Zeitschrift für Wirtschaftspolitik, 2014, vol. 63, issue 2, 111-127

Abstract: The new German federal government has stipulated a price barrier as a response to the seeming „rent explosion“ in German residential markets. Contrary to this perception, we find that inflation-adjusted rents net of heating are even lower today than twenty years ago. Furthermore, our regionally disaggregated data on ask prices for flats reveal that rapidly increasing rents can only be observed in a few districts. We have calculated that residents of such districts could escape rising rents by changing residence and accepting an average additional commute of about 40 minutes each way.

Keywords: rent price barrier; regional housing market; commuting; Mietpreisbremse; regionaler Wohnungsmarkt; Berufspendler (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1515/zfwp-2014-0202

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