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An economic retrospective on the Munich referendum on high-rise buildings

Author

Listed:
  • Christoph Eichhorn
  • Marco Sahm
  • Frank Westermann

Abstract

On 21 November 2004 a slim majority of voters in Munich spoke out for limiting the maximum height of new high-rise buildings to 100 metres. The alternatives in this referendum were basically: skyscrapers or no skyscrapers. From an economic viewpoint more was involved. Prof. Frank Westermann, Christoph Eichhorn and Marco Sahm, Munich university show that a more sensible formulation of the issue would probably have led to different results.

Suggested Citation

  • Christoph Eichhorn & Marco Sahm & Frank Westermann, 2005. "An economic retrospective on the Munich referendum on high-rise buildings," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 58(01), pages 1-40, January.
    • Handle: RePEc:ces:ifosdt:v:58:y:2005:i:01:p:40
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    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

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