Fifty shades of state: Quantifying housing market regulations in Germany

Konstantin Kholodilin ()

ERES from European Real Estate Society (ERES)

Abstract: The paper aims at measuring the rental housing market regulations in Germany between 1913 and 2015. Four classes of housing policy are considered: Rent controls, tenant protection, rationing of housing, and fostering of social housing. Based on a thorough analysis of federal and regional legislation, for each class, an index is constructed, increasing in degree of regulation. An average of the class-specific indices makes up a composite index. The index reflects dramatic increases in regulations during and immediately after the World Wars. Likewise, the 2010s are characterized by a surge in virtually all classes of regulations in Germany related to the growing housing scarcity in large cities due to intra- and international migration that leads to a geographical mismatch between housing supply and demand.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2016-01-01
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Fifty Shades of State: Quantifying Housing Market Regulations in Germany (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2016_118

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