| 来源类型 | Article and other Publication |
| 规范类型 | 其他 |
| DOI | 10.1007/s11294-018-9671-2 |
| Fundamental determinants of real estate prices: a panel study of German regions | |
| Belke, Ansgar; Jonas Keil | |
| 出版年 | 2018 |
| 摘要 | This paper aims at establishing empirical facts on the fundamental determinants of real estate prices. It contributes to the literature by analysing a unique panel dataset covering a wide range of real estate market data and other economic variables for nearly 100 German cities. Several robust fundamental determinants are identified, among them the supply-side factors of construction activity and housing stock as well as the demand-side factors of apartment rents, market size, age structure, local infrastructure and rental prices. Results suggest that these factors are robustly linked to fundamental real estate prices and thus can be used to detect misalignments of market prices. |
| URL | https://www.die-gdi.de/en/others-publications/article/fundamental-determinants-of-real-estate-prices-a-panel-study-of-german-regions/ |
| 来源智库 | German Development Institute (Germany) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/499395 |
| 推荐引用方式 GB/T 7714 | Belke, Ansgar,Jonas Keil. Fundamental determinants of real estate prices: a panel study of German regions. |
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