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Die Legende von der Mietpreisexplosion

Author

Listed:
  • Benček David

    (Institut für Weltwirtschaft an der Universität Kiel, Zentrum Wirtschaftspolitik, Kiellinie 66, 24105 Kiel)

  • Klodt Henning

    (Institut für Weltwirtschaft, Zentrum Wirtschaftspolitik, 24100 Kiel)

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.

Suggested Citation

  • Benček David & Klodt Henning, 2014. "Die Legende von der Mietpreisexplosion," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 63(2), pages 111-127, August.
    • Handle: RePEc:lus:zwipol:v:63:y:2014:i:2:p:111-127
    DOI: 10.1515/zfwp-2014-0202
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    Cited by:

    1. Jochen Michaelis & Benjamin Schwanebeck, 2020. "Das Bestellerprinzip auf Wohnungs- und Immobilienmaerkten - ist gut gemeint auch gut?," MAGKS Papers on Economics 202015, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).

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