Arbeitspapier
Shrinking and growing metropolitan areas - asymmetric real estate price reactions? The Case of German single-family houses
The population of Germany will be one of the first in the western hemisphere to undergo considerable permanent shrinkage. In view of the relatively low elasticities of supply and demand significant negative price reactions might be expected. This work supplements existing studies by estimating real estate prices for single-family homes on the disaggregate level of Germany's metropolitan areas. It highlights asymmetric price reactions: growth in population numbers has no significant price effects, whereas declining population numbers lead to significant negative price effects.
- ISBN
-
978-3-940369-27-7
- Sprache
-
Englisch
- Erschienen in
-
Series: Hamburg Contemporary Economic Discussions ; No. 6
- Klassifikation
-
Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
Urban, Rural, Regional, Real Estate, and Transportation Economics: Housing Demand
Housing Supply and Markets
- Thema
-
shrinking population
real estates
asymmetric price reactions
regional analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dust, Lisa
Maennig, Wolfgang
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
- (wo)
-
Hamburg
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
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Objekttyp
- Arbeitspapier
Beteiligte
- Dust, Lisa
- Maennig, Wolfgang
- University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Entstanden
- 2007
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