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DIW Roundup

Rent control effects through the lens of empirical research

Rent control is a highly debated social policy that has been omnipresent since World War I. Since 2010s, it has been experiencing a true renaissance, for many cities and countries facing housing shortage are desperately looking for solutions of the chronic housing shortage and direct their attention to controlling housing rents and to other restrictive policies. Is rent control useful or does it...

07.01.2022| Konstantin A. Kholodilin
DIW Roundup 139 / 2022

Rent Control Effects through the Lens of Empirical Research

Rent control is a highly debated social policy that has been omnipresent since World War I. Since 2010s, it has been experiencing a true renaissance, for many cities and countries facing housing shortage are desperately looking for solutions of the chronic housing shortage and direct their attention to controlling housing rents and to other restrictive policies. Is rent control useful or does it create ...

2022| Konstantin A. Kholodilin
DIW Weekly Report 1/2 / 2022

Construction Industry: High Price Momentum Continues, Industry Performing Well Despite COVID-19

Sales in the construction industry will continue to increase strongly in 2022 and 2023. Overall, DIW Berlin estimates a nominal increase in construction volume of almost 13 percent in 2022 and six percent in 2023 to 585 billion euros. In 2021, construction volume increased by ten percent to 488 billion euros, which is around 15 percent of GDP. This shows that construction demand remains at a high level ...

2022| Martin Gornig, Claus Michelsen, Laura Pagenhardt
Externe referierte Aufsätze

Social Policy or Crowding-out? Tenant Protection in Comparative Long-run Perspective

Private rental markets have become increasingly important since the Global Financial Crisis 2008–2009 and rent controls are back on the political agenda. Yet, they have received less attention from housing scholars than homeownership and public housing. This paper presents new data on the development of private tenancy legislation based on a content-coding of rent control, protection of tenants from ...

In: Housing Studies (2022), im Ersch. [online first: 2021-03-30] | Sebastian Kohl, Konstantin A. Kholodilin
Externe referierte Aufsätze

Where is the Consumer Center? A Case of St. Petersburg?

In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city center increases, both prices and population density diminish, for travel costs increase in terms of time and money. As manufacturing gradually leaves the cities, the importance of consumer amenities as attractors of population to the urban ...

In: Regional Science Policy and Practice (2022), im Ersch. [online first: 2020-06-25] | Konstantin A. Kholodilin, Irina Krylova, Darya Kryutchenko
Brown Bag Seminar Industrial Economics

Housing Market and Sentiment Analysis

The housing issue is one of the hottest social problems. It is widely debated by the society. These debates contain a large subjective component. In addition, they are expected to correlate with the phases of the housing cycle. One of the most visible and durable manifestationsof these debates are the media items. In this study, we aim at assessing the sentiment of these media publications in...

26.11.2021| Konstantin A. Kholodilin, DIW Berlin
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Gentrification and Rent Control

Since the start of the century, particularly in urban centres, housing markets worldwide have experienced stark price and rent increases. As a consequence urban agglomerations have experienced strong changes in their neighbourhood composition with originally poorer, central areas gentrifying quickly. Governments have reacted by raising the topic of affordable housing on the...

20.01.2021| Niklas Gohl
Monographien

Owner-Occupied Housing Costs and Monetary Policy: Goals and Challenges for the Euro Area: In-Depth Analysis

Owner-occupied housing costs represent an important expenditure for households and should be included in the Harmonised Index of Consumer Prices. Conceptual and practical challenges must be resolved before this can be implemented. Estimates suggest that these costs would have a small impact on monetary policy. At the same time, different degrees of home ownership in the euro area mean that their inclusion ...

Bruxelles: European Parliament, 2021, 26 S.
(Monetary Dialogue Papers ; November 2021)
| Geraldine Dany-Knedlik, Andrea Papadia
Diskussionspapiere 1972 / 2021

The Hidden Homeownership Welfare State: An International Long-Term Perspective on the Tax Treatment of Homeowners

Welfare is traditionally understood through social security decommodifying labor markets or social investment policies. In the domain of housing, however, welfare for homeowners is largely hidden in the tax codes’ fiscal exemptions. Based on a content analysis of legislation, this paper introduces a novel yearly database of 37 countries between 1910 and 2020 to uncover the “hidden welfare state” of ...

2021| Konstantin A. Kholodilin, Sebastian Kohl, Artem Korzhenevych, Linus Pfeiffer
Externe referierte Aufsätze

Housing Rent Dynamics and Rent Regulation in St. Petersburg (1880–1917)

This article studies housing rents in St. Petersburg from 1880 to 1917, covering an eventful period of Russian and world history. Digitizing over 5000 rental advertisements, we construct a state-of-the-art index – the first pre-war and pre-Soviet market data index for any Russian city. In 1915, a rent control and tenant protection policy was introduced in response to soaring prices following the outbreak ...

In: Explorations in Economic History 81 (2021), 101398, 30 S. | Konstantin A. Kholodilin, Leonid E. Limonov, Sofie R. Waltl
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