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Document type:
Masterarbeit
Author(s):
Thesis
Title:
Real Estate Bubble in German Cities?
Abstract:
Stability in the real estate market is an essential aspect of maintaining the stability of the entire economy. Since real estate market experienced price declines or large fluctuations before the financial crisis in 2008 and the prices started to grow rapidly after 2008, the real estate market has been the subject of many studies. Moreover, in Germany the prices of existing real estate increased by 68% at the national level between Q3 2008 and Q4 2021. At the city level the increasing of the pri...     »
Keywords:
German, house prices, vector error correction model, bubble, overvaluation, analysis, co-integration, 7 major cities, long-term relationship, short-term relationship
Advisor:
Muckenhaupt, Jan
Year:
2022
Language:
en
University:
Technische Universität München
TUM Institution:
Professur für Immobilienentwicklung
Status:
Abgeschlossen
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