This research project examines how real estate prices affect consumer behavior by analyzing data from the Socioeconomic Panel (SOEP) database. The research explores how real estate prices are related to household consumption behaviors, considering a range of economic, demographic, and psychological factors. The study uses multiple linear regression analysis to investigate the impact of fluctuations in real estate prices on household expenditure for products and services. The theoretical framework utilizes utility theory, rational choice models, and behavioral economics to comprehend the fundamental mechanisms influencing consumer behavior in reaction to changes in real estate prices. The analysis examines important factors like house value, disposable income, household size, and other housing costs to evaluate how they influence overall spending. Our investigation revealed significant findings about how various socioeconomic factors impact overall consumption. Significantly, disposable income was the strongest predictor, showing a strong positive relationship with overall consumption. This discovery highlights the essential role of available income in influencing consumer spending habits. As people's disposable income rises, they tend to spend more of their resources on consumption, which helps boost economic activity and growth in general. Furthermore, the number of people in the household also played a crucial role in predicting total consumption. Larger households consume more than smaller households, which positively affects household size. The larger families' more significant needs and demands can explain the higher consumption levels across different goods and services. The results contribute to the current literature by providing insights into the dynamics of real estate markets and their impact on household welfare and economic stability. Our findings have implications for policymakers, investors, and market participants seeking to understand the complex interactions between property prices and consumer behavior and devise effective strategies to promote sustainable economic development.     «

This research project examines how real estate prices affect consumer behavior by analyzing data from the Socioeconomic Panel (SOEP) database. The research explores how real estate prices are related to household consumption behaviors, considering a range of economic, demographic, and psychological factors. The study uses multiple linear regression analysis to investigate the impact of fluctuations in real estate prices on household expenditure for products and services. The theoretical framewo...     »