EconomicsNew publication: An Unbalanced Housing Market?
In some urban agglomerations in Germany, housing rents increased significantly during the last years. In a contribution for ifo Schnelldienst, Andreas Mense shows with the examples of Cologne, Munich and Hamburg that the current price increases are mainly caused by low construction activity in the past. At Cologne and Munich, where construction activity was outpaced […]In some urban agglomerations in Germany, housing rents increased significantly during the last years. In a contribution for ifo Schnelldienst, Andreas Mense shows with the examples of Cologne, Munich and Hamburg that the current price increases are mainly caused by low construction activity in the past. At Cologne and Munich, where construction activity was outpaced […]