Aufsatz in Zeitschrift
How Do Taxation and Regulation Affect the Real Estate Market?
Mathias Dolls, David Gstrein, Carla Krolage, Florian Neumeier
CESifo, Munich, 2022
EconPol Forum 23 (5), 65-69
CESifo, Munich, 2022
EconPol Forum 23 (5), 65-69
- Rent caps can have significant unintended consequences through lower housing supply
- Instead of making housing more affordable, purchase subsidies have provided a windfall for sellers
- The real estate transfer tax levied on properties’ purchase price substantially decreases property prices
- The Covid-19 pandemic may leave long-lasting impacts on Germany’s housing market
- Policymakers would be well advised to take into account such trends and side effects when formulating policy