To rent or not to rent : a household finance perspective on Berlin's short-term rental regulation / Antonios Mavropoulos
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Discovery
1748717073
URN
urn:nbn:de:gbv:3:2-133229
DOI
ISBN
ISSN
Autorin / Autor
Beiträger
Körperschaft
Erschienen
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [18. Februar 2021]
Umfang
1 Online-Ressource (III, 40 Seiten, 2,85 MB) : Diagramme, Karten
Ausgabevermerk
Sprache
eng
Anmerkungen
Inhaltliche Zusammenfassung
With the increasing concerns that accompany the rising trends of house sharing economies, regulators impose new laws to counteract housing supply scarcity. In this paper, I investigate whether the ban on short-term entire house listings activated in Berlin in May 2016 had any adverse effects from a household finance perspective. More specifically, I derive short-term rental income and counter-factually compare it with long-term rental income to find that the ban, by decreasing the supply of short-term housing, accelerated short-term rental income but did not have any direct effect on long-term rental income. Commercial home-owners therefore would find renting on the short-term market to be financially advantageous.
Schriftenreihe
IWH-Diskussionspapiere ; 2021, no. 1 (February 2021) ppn:837399270