IDEAS home Printed from https://ideas.repec.org/p/zbw/wwuifg/193.html
   My bibliography  Save this paper

Der Einfluss von Anbieterstrukturen auf Mietwohnungspreise: Theoretische Überlegungen und empirischer Ansatz

Author

Listed:
  • Baumann, Kilian

Abstract

Während in der ökonomischen Literatur Immobilienpreise hauptsächlich mit Ausstattungsmerkmalen erklärt werden, wird die Frage nach dem Einfluss der Anbieterform erstaunlich selten gestellt. Dies ist umso bemerkenswerter, da Anbietereinflüsse in öffentlichen Debatten, z.B. über die Enteignung großer Wohnungskonzerne, eine große Bedeutung haben. Dieses Arbeitspapier untersucht daher den Einfluss von Anbieterstrukturen auf Mietwohnungspreise. Dazu werden zunächst theoretische Überlegungen angestellt, inwiefern bestimmte Anbieterformen preisdämpfende oder -erhöhende Wirkungen haben könnten. Anschließend wird unter Verwendung von Empirica-Angebotsdaten gezeigt, dass Wohnungsgenossenschaften, staatliche und gemeinnützige Vermieter unter vergleichbaren Qualitäts- und Lagemerkmalen ihre Wohnungen zu niedrigeren Mieten anbieten als gewerbliche Wohnungsunternehmen. Letztere weisen hingegen keine großen Preisunterschiede zu privaten Vermietern auf.

Suggested Citation

  • Baumann, Kilian, 2022. "Der Einfluss von Anbieterstrukturen auf Mietwohnungspreise: Theoretische Überlegungen und empirischer Ansatz," Arbeitspapiere 193, University of Münster, Institute for Cooperatives.
    • Handle: RePEc:zbw:wwuifg:193
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/251817/1/1797115960.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Raess, Pascal & von Ungern-Sternberg, Thomas, 2002. "A model of regulation in the rental housing market," Regional Science and Urban Economics, Elsevier, vol. 32(4), pages 475-500, July.
    2. Theurl Theresia, 2005. "Genossenschaftliche Mitgliedschaft und Member Value als Konzepte für die Zukunft," Zeitschrift für das gesamte Genossenschaftswesen, De Gruyter, vol. 55(1), pages 136-145, June.
    3. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    4. Konstantin A. Kholodilin & Andreas Mense & Claus Michelsen, 2016. "Market Break or Simply Fake? Empirics on the Causal Effects of Rent Controls in Germany," Discussion Papers of DIW Berlin 1584, DIW Berlin, German Institute for Economic Research.
    5. Darren K. Hayunga & R. Kelley Pace, 2017. "List Prices in the US Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 55(2), pages 155-184, August.
    6. Voigtländer, Michael & Sagner, Pekka, 2019. "Mieten, Modernisierung und Mieterstruktur - Vermietergruppen in Großstädten im Vergleich: Eine Analyse auf Basis des Sozio-oekonomischen Panels," IW-Reports 11/2019, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    7. Frank W. Porell, 1985. "One Man's Ceiling Is Another Man's Floor: Landlord/Manager Residency and Housing Condition," Land Economics, University of Wisconsin Press, vol. 62(2), pages 106-118.
    8. Deschermeier, Philipp & Seipelt, Björn & Voigtländer, Michael, 2017. "Evaluation der Mietpreisbremse," IW policy papers 5/2017, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    9. Mark G. Dotzour & Donald R. Levi, 1992. "The Impact of Corporate Ownership on Residential Transaction Prices," Journal of Real Estate Research, American Real Estate Society, vol. 7(2), pages 207-216.
    10. Zumdick, Stephan, 2015. "Zukünftige Trends und ihre Auswirkungen auf Wohnungsgenossenschaften: Ausgewählte Ergebnisse einer modelltheoretischen Analyse auf Basis von Jahresabschlussdaten," Arbeitspapiere 154, University of Münster, Institute for Cooperatives.
    11. Deschermeier, Philipp & Haas, Heide & Voigtländer, Michael, 2015. "Anbieter von günstigem Wohnraum - eine Analyse für zehn Großstädte in NRW. In Kooperation mit der LEG Immobilien AG," IW policy papers 35/2015, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    12. Martin Bohl & Winfried Michels & Jens Oelgemöller, 2012. "Determinanten von Wohnimmobilienpreisen: Das Beispiel der Stadt Münster," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 32(2), pages 193-208, September.
    13. Goodman, Allen C & Goodman, John L, Jr, 1997. "The Co-op Discount," The Journal of Real Estate Finance and Economics, Springer, vol. 14(1-2), pages 223-233, Jan.-Marc.
    14. Austin Kelly, 1998. "Capitalization of Above Market Financing: Condos and Co-ops," Journal of Real Estate Research, American Real Estate Society, vol. 15(2), pages 163-176.
    15. John P. Harding & Stuart S. Rosenthal & C. F. Sirmans, 2003. "Estimating Bargaining Power in the Market for Existing Homes," The Review of Economics and Statistics, MIT Press, vol. 85(1), pages 178-188, February.
    16. Cynthia Holmes & Jia Xie, 2018. "Distortions in Real Estate Transactions with Out-of-State Participants," The Journal of Real Estate Finance and Economics, Springer, vol. 57(4), pages 592-617, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael H. Schill & Ioan Voicu & Jonathan Miller, 2007. "The Condominium versus Cooperative Puzzle: An Empirical Analysis of Housing in New York City," The Journal of Legal Studies, University of Chicago Press, vol. 36(2), pages 275-324, June.
    2. Marcus T. Allen & Ronald C. Rutherford & Thomas M. Springer, 1997. "Reexamining the Impact of Employee Relocation Assistance on Housing Prices," Journal of Real Estate Research, American Real Estate Society, vol. 13(1), pages 67-76.
    3. Raul-Tomas Mora-Garcia & Maria-Francisca Cespedes-Lopez & V. Raul Perez-Sanchez & Pablo Marti & Juan-Carlos Perez-Sanchez, 2019. "Determinants of the Price of Housing in the Province of Alicante (Spain): Analysis Using Quantile Regression," Sustainability, MDPI, vol. 11(2), pages 1-33, January.
    4. Benjamin Wirth & Andreas Mense, 2014. "Flat Prices, Cell Phone Base Stations, and Network Structure," ERSA conference papers ersa14p1552, European Regional Science Association.
    5. Ahlfeldt, Gabriel M. & Heblich, Stephan & Seidel, Tobias, 2023. "Micro-geographic property price and rent indices," Regional Science and Urban Economics, Elsevier, vol. 98(C).
    6. David Ling & Milena Petrova, 2008. "Avoiding Taxes at Any Cost: The Economics of Tax-Deferred Real Estate Exchanges," The Journal of Real Estate Finance and Economics, Springer, vol. 36(4), pages 367-404, May.
    7. Ralph B. Siebert & Michael J. Seiler, 2022. "Why Do Buyers Pay Different Prices for Comparable Products? A Structural Approach on the Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 65(2), pages 261-292, August.
    8. Kionka, Marlene & Kuethe, Todd H. & Musshoff, Oliver & Odening, Martin & Ritter, Matthias, 2022. "Bargaining Power in the Agricultural Land Rental Market," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322186, Agricultural and Applied Economics Association.
    9. Kvartiuk, Vasyl & Herzfeld, Thomas & Bukin, Eduard, 2022. "Decentralized public farmland conveyance: Rental rights auctioning in Ukraine," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 114.
    10. Andres Jauregui & Diane Hite, 2010. "The impact of real estate agents on house prices near environmental disamenities," Housing Policy Debate, Taylor & Francis Journals, vol. 20(2), pages 295-316, March.
    11. Crocker H. Liu & Adam Nowak & Stuart Rosenthal, 2014. "Bubbles, Post-Crash Dynamics, and the Housing Market," Working Papers 14-18, Department of Economics, West Virginia University.
    12. Chen, Yong & Clapp, John M. & Tirtiroglu, Dogan, 2011. "Hedonic estimation of housing demand elasticity with a markup over marginal costs," Journal of Housing Economics, Elsevier, vol. 20(4), pages 233-248.
    13. Stefan Seifert & Christoph Kahle & Silke Hüttel, 2021. "Price Dispersion in Farmland Markets: What Is the Role of Asymmetric Information?," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(4), pages 1545-1568, August.
    14. Steven Caudill & Claudio Detotto & Dominique Prunetti, 2020. "Bargaining power in apartment sales in Corsica: A latent class approach," Urban Studies, Urban Studies Journal Limited, vol. 57(13), pages 2754-2772, October.
    15. Subal Kumbhakar & Christopher Parmeter, 2010. "Estimation of hedonic price functions with incomplete information," Empirical Economics, Springer, vol. 39(1), pages 1-25, August.
    16. Baumann, Kilian, 2023. "Der Einfluss genossenschaftlicher Anbieterstrukturen auf Wohnungspreise und Qualität: Ergebnisse einer empirischen Analyse," Arbeitspapiere 194, University of Münster, Institute for Cooperatives.
    17. Nasser Daneshvary & Terrence Clauretie, 2013. "Agent Change and Seller Bargaining Power: A Case of Principal Agent Problem in the Housing Market," The Journal of Real Estate Finance and Economics, Springer, vol. 47(3), pages 416-433, October.
    18. Gaetano Lisi, 2011. "The Hedonic Price Function in a Matching Model of Housing Market," Economics Bulletin, AccessEcon, vol. 31(3), pages 2347-2355.
    19. Wellmann, Nicolas & Czarnowske, Daniel, 2021. "What would households pay for a reduction of automobile traffic? Evidence from nine German cities," DICE Discussion Papers 361, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    20. Ralph Siebert & Michael J. Seiler, 2020. "Why Do Buyers Pay Different Prices for Comparable Products? Evidence from the Housing Market," CESifo Working Paper Series 8337, CESifo.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:wwuifg:193. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/igmuede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.