Impact of Public Policy Measures on the German Real Estate Market PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Impact of Public Policy Measures on the German Real Estate Market PDF full book. Access full book title Impact of Public Policy Measures on the German Real Estate Market by Christopher Yvo Oertel. Download full books in PDF and EPUB format.

Impact of Public Policy Measures on the German Real Estate Market

Impact of Public Policy Measures on the German Real Estate Market PDF Author: Christopher Yvo Oertel
Publisher: Springer
ISBN: 365811553X
Category : Business & Economics
Languages : en
Pages : 121

Get Book Here

Book 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 are affected by changes in the municipal trade tax multiplier.