Is There a Speculative Bubble in the German Residential Property Market?
German Economic Institute (IW)
In the years 2010 and 2011 prices for residential property throughout Germany have risen in real terms for the first time in a decade. At up to 5 percent per annum the price increases in some metropolitan areas are so steep that there are fears of an overheated market or the development of a speculative bubble. In fact, however, there are no signs of a speculative bubble in the German property market. On the contrary, prices are following rents and the strong growth in the economy. The main drivers of the dynamic price development in large cities are re-urbanisation and the desire of investors to find a safe place to put their money.
Download | PDF
Is There a Speculative Bubble in the German Residential Property Market?
German Economic Institute (IW)
How Berlin’s “Socialization” Policy Is Harming Germany as a Business Hub
Berlin's plans to socialise private housing companies under Article 15 of the Basic Law are far more than a local political experiment.
IW
Migration and Housing: Economic Effects and Social Implications
This report examines the interplay between migration and Germany’s housing market, combining a stock-taking of key market trends with an empirical assessment of representative household data (SOEP).
IW