The Home-Ownership Allowance and Residential Real Estate Prices
For policy makers, for private households, as well as for institutional investors it is important to understand, which influence public policy measures have on the functionality and development of an affected market. The currently on-going controversial debate on state subsidies concerning the re-introduction of a home-ownership allowance stresses the importance to understand the impact such a subsidy can have on residential real estate, especially on its price development. These influences have been analysed extensively for many international real estate markets like the market of the United States.
KeywordsMigration Europe Income Resi Autocorrelation
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