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Titlebook: Impact of Public Policy Measures on the German Real Estate Market; Christopher Yvo Oertel Book 2016 Springer Fachmedien Wiesbaden 2016 Ger

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书目名称Impact of Public Policy Measures on the German Real Estate Market
编辑Christopher Yvo Oertel
视频video
概述Publication in the field of economic sciences.Includes supplementary material:
丛书名称Essays in Real Estate Research
图书封面Titlebook: Impact of Public Policy Measures on the German Real Estate Market;  Christopher Yvo Oertel Book 2016 Springer Fachmedien Wiesbaden 2016 Ger
描述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 areaffected by changes in the municipal trade tax multiplier.
出版日期Book 2016
关键词German real estate market; economic position of cities; consumption good perspective; residential real
版次1
doihttps://doi.org/10.1007/978-3-658-11553-1
isbn_softcover978-3-658-14092-2
isbn_ebook978-3-658-11553-1Series ISSN 2570-2246 Series E-ISSN 2570-2254
issn_series 2570-2246
copyrightSpringer Fachmedien Wiesbaden 2016
The information of publication is updating

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The Municipal Trade Tax Multiplier and Office Purchase Prices and Rents,is especially holds true for possibilities to influence the budget of a municipality and to influence its economic attractiveness in the short run. Both aspects can be addressed by property taxation, for which each municipality is allowed to enact individual measures in order to influence their tax revenues.
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