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Rising Real-estate prices and an Increasing Housing Shortage: An Unbalanced Housing Market?

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Listed:
  • Andreas Mense
  • Eva Lohse
  • Jan Mutl
  • Heiko Kirchhain
  • Reiner Braun
  • Andreas Dombret

Abstract

Although more and more money is flowing into the real estate market, the housing shortage in urban areas is increasing. Especially the discrepancy between the supply and demand for "affordable" housing is growing. In the big cities and high-priced regions, construction activity is primarily focused on the completion of condominiums or expensive rental units, while too little low-cost housing is being built. Is greater government promotion or a relaxation of existing planning regulations the proper strategy for ensuring a sufficient supply of affordable housing?

Suggested Citation

  • Andreas Mense & Eva Lohse & Jan Mutl & Heiko Kirchhain & Reiner Braun & Andreas Dombret, 2016. "Rising Real-estate prices and an Increasing Housing Shortage: An Unbalanced Housing Market?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(16), pages 03-25, August.
    • Handle: RePEc:ces:ifosdt:v:69:y:2016:i:16:p:03-25
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    References listed on IDEAS

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    1. Christian Dreger & Konstantin A. Kholodilin, 2013. "Zwischen Immobilienboom und Preisblasen: was kann Deutschland von anderen Ländern lernen?," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 80(17), pages 3-10.
    2. Agnello, Luca & Schuknecht, Ludger, 2011. "Booms and busts in housing markets: Determinants and implications," Journal of Housing Economics, Elsevier, vol. 20(3), pages 171-190, September.
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    Cited by:

    1. Thomsen, Stephan L & Vogt, Daniel & Brausewetter, Lars, 2019. "Wohnungsmarkt und Wohnungspolitik in Deutschland: Situation und Optionen," Hannover Economic Papers (HEP) dp-658, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    2. Stephan L. Thomsen & Daniel Vogt & Lars Brausewetter, 2020. "Mietwohnungsknappheit in Deutschland: Ursachen, Instrumente, Implikationen [Shortage of Rental Housing in Germany: Causes, Instruments, Implications]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(6), pages 461-467, June.

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