%0 Conference Paper %B 23rd Annual European Real Estate Society Conference %D 2016 %T Fifty shades of state: Quantifying housing market regulations in Germany %A Konstantin Kholodilin %X

The paper aims at measuring the rental housing market regulations in Germany between 1913 and 2015. Four classes of housing policy are considered: Rent controls, tenant protection, rationing of housing, and fostering of social housing. Based on a thorough analysis of federal and regional legislation, for each class, an index is constructed, increasing in degree of regulation. An average of the class-specific indices makes up a composite index. The index reflects dramatic increases in regulations during and immediately after the World Wars. Likewise, the 2010s are characterized by a surge in virtually all classes of regulations in Germany related to the growing housing scarcity in large cities due to intra- and international migration that leads to a geographical mismatch between housing supply and demand.

%B 23rd Annual European Real Estate Society Conference %S ERES: Conference %C Regensburg, Germany %G ENG %! Conference: 2016 %& Housing Economics & Housing Policy %R 10.15396/eres2016_118