Artikel
Private net worth in Eastern and Western Germany only converging slowly
Very nearly 25 years after the fall of the Berlin Wall, households in eastern Germany have an average net worth of 67,400 euros which is less than half that of their counterparts in western Germany with an average net worth of 153,200 euros. In both parts of the country, real estate ownership is quantitatively the most important asset type. Although the share of owner-occupiers has increased significantly in both regions since 1990, only one-third of all households in eastern Germany are owner occupied whereas the corresponding share in the west is almost half. Further, the market value of the real estate owned in eastern Germany is only half of that in the west. There has, however, been a significant convergence both in terms of average living space and property furnishings since the fall of the Wall.
- Language
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Englisch
- Bibliographic citation
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Journal: DIW Economic Bulletin ; ISSN: 2192-7219 ; Volume: 4 ; Year: 2014 ; Issue: 11 ; Pages: 25-32 ; Berlin: Deutsches Institut für Wirtschaftsforschung (DIW)
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
General Welfare; Well-Being
Housing Supply and Markets
- Subject
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net worth
EVS
East and West Germany
transition
- Event
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Geistige Schöpfung
- (who)
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Grabka, Markus M.
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
-
2014
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Grabka, Markus M.
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2014
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Income inequality in Germany stagnating over the long term, but decreasing slightly during the coronavirus pandemic
Codebook for the $PEQUIV File 1984-2009: CNEF Variables with Extended Income Information for the SOEP
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Einkommensungleichheit stagniert langfristig, sinkt aber während der Corona-Pandemie leicht