Téléchargez le livre : Impact of Public Policy Measures on the German Real Estate Market

Impact of Public Policy Measures on the German Real Estate Market

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Éditeur :

Springer Gabler


Collection :

Essays in Real Estate Research

Paru le : 2015-11-17

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Description
Christopher Oertel studies the impact of public policy measures on the German real estate market and confirms the assumptions, which imply that a city can influence its economic position in relation to nearby cities in the short run by making use of this tax instrument. His analyses begin with an examination of the German residential real estate market from a consumption good perspective. The findings indicate that the home-ownership allowance had a distorting effect by capitalizing into residential real estate prices, although at lower than expected rates. Then the author studies the German residential real estate market from an investment good perspective. Investigating an important amendment of the German tenancy legislation, there is a positive, yet insignificant relationship between the tenancy law reform act and the development of the cap rate. The analysis is completed by focussing on the German office market and investigating how its rental levels and gross purchase prices areaffected by changes in the municipal trade tax multiplier.
Pages
106 pages
Collection
Essays in Real Estate Research
Parution
2015-11-17
Marque
Springer Gabler
EAN papier
9783658115524
EAN PDF
9783658115531
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
10
Taille du fichier
3297 Ko
Prix
52,74 €

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