1. Research

GCC rules Berlin rent cap unconstitutional. Implications and assessment

15. April 2021
The rent cap in Berlin was clearly the main topic in the German housing market pre-COVID. Across German cities rent growth decelerated with the extensive media coverage of the Berlin rent cap. Rental growth could pick up again in several cities and regions, as many initiatives which copied the Berlin rent cap might lose momentum. [mehr]

Weitere Dokumente von Jochen Möbert

86 (85-86)
1. Juli 2013
85
The findings of the latest Pew Research Center survey paint an impressive picture of the economic divergences within the euro area. The share of respondents in Germany assessing the current situation as “good”, for instance, has risen from 63% in 2007 to 75% currently, while this share has slumped heavily in all other European countries included in the survey.
German companies have made particular use of the opening up of eastern Europe and the emerging markets to establish global production chains and thereby strengthen their competitive position. Policymakers should therefore do their utmost to reduce the impediments to the international division of labour.
Has the east German housing market turned the corner? We find positive price-income relations in growing towns and – somewhat surprisingly – a negative relationship in shrinking towns. Our forecasts indicate a further differentiation among towns in east Germany in the years ahead. The following economic reasons may explain the finding: higher cost per capita of infrastructure in growing towns, path dependency of building costs and domestic migration. [mehr]
15. März 2011
86
Of course it is important to keep close tabs on the path of inflation going forward – especially in view of a volatile oil price – and the ECB has spoken also in this context of its “strong vigilance”. Yet an inflation rate of 2% or perhaps 2 ½% in the coming months largely represents a reversion to the normal pattern following the recession-induced lows of the past two years, driven mainly by oil and food prices. In any event, on the assumption that food and oil prices return to normal our DB Research inflation model forecasts no dramatic surge in inflation. We are aware, though, that some of the structural changes of the past decades may have reduced the meaningfulness of the forecasts produced by such a model. [mehr]
21.0.2