000753061 000__ 03578cam\a2200493Mi\4500 000753061 001__ 753061 000753061 005__ 20230306141537.0 000753061 006__ m\\\\\o\\d\\\\\\\\ 000753061 007__ cr\nn\nnnunnun 000753061 008__ 151117s2016\\\\gw\\\\\\o\\\\\000\0\eng\d 000753061 019__ $$a929951920$$a932170531$$a932332145 000753061 020__ $$a9783658115531 000753061 020__ $$a365811553X 000753061 020__ $$z9783658115524 000753061 0247_ $$a10.1007/978-3-658-11553-1$$2doi 000753061 035__ $$aSP(OCoLC)ocn933278418 000753061 035__ $$aSP(OCoLC)933278418$$z(OCoLC)929951920$$z(OCoLC)932170531$$z(OCoLC)932332145 000753061 040__ $$aAZU$$beng$$cAZU$$dOCLCO$$dYDXCP$$dEBLCP$$dN$T$$dIDEBK$$dNUI$$dDEBSZ$$dOCLCF 000753061 043__ $$an-us--- 000753061 049__ $$aISEA 000753061 050_4 $$aHF5686.R3 000753061 08204 $$a333.3322$$223 000753061 1001_ $$aOertel, Christopher Yvo.$$eauthor. 000753061 24510 $$aImpact of Public Policy Measures on the German Real Estate Market$$h[electronic resource] /$$cby Christopher Yvo Oertel. 000753061 250__ $$a1st ed. 2016. 000753061 264_1 $$aWiesbaden :$$bSpringer Fachmedien Wiesbaden :$$bImprint: Springer Gabler,$$c2016. 000753061 300__ $$a1 online resource (xvii, 106 pages) :$$billustrations. 000753061 336__ $$atext$$btxt$$2rdacontent 000753061 337__ $$acomputer$$bc$$2rdamedia 000753061 338__ $$aonline resource$$bcr$$2rdacarrier 000753061 347__ $$atext file$$bPDF$$2rda 000753061 4901_ $$aEssays in Real Estate Research 000753061 5050_ $$aIntroduction -- The Home-Ownership Allowance and Residential Real Estate Prices -- The Tenancy Law Reform Act of 2001 and the Risk Perception of Residential Real Estate Investments -- The Municipal Trade Tax Multiplier and Office Purchase Prices and Rents -- Summary, Practical Implications, and Further Research. 000753061 506__ $$aAccess limited to authorized users. 000753061 520__ $$aChristopher Oertel studies the impact of public policy measures on the German real estate market and confirms the assumptions, which imply that a city can influence its economic position in relation to nearby cities in the short run by making use of this tax instrument. His analyses begin with an examination of the German residential real estate market from a consumption good perspective. The findings indicate that the home-ownership allowance had a distorting effect by capitalizing into residential real estate prices, although at lower than expected rates. Then the author studies the German residential real estate market from an investment good perspective. Investigating an important amendment of the German tenancy legislation, there is a positive, yet insignificant relationship between the tenancy law reform act and the development of the cap rate. The analysis is completed by focussing on the German office market and investigating how its rental levels and gross purchase prices are affected by changes in the municipal trade tax multiplier. Contents Home-Ownership Allowance and Residential Real Estate Prices Tenancy Law Reform Act of 2001 and Risk Perception of Residential Real Estate Investments Municipal Trade Tax Multiplier and Office Purchase Prices and Rents Target Groups Researchers, students and practitioner in the field of real estate investment About the Author Dr. Christopher Yvo Oertel wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School. 000753061 650_0 $$aBusiness. 000753061 650_0 $$aReal estate management. 000753061 650_0 $$aFinance. 000753061 77608 $$iPrint version:$$z9783658115524 000753061 830_0 $$aEssays in Real Estate Research. 000753061 852__ $$bebk 000753061 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-658-11553-1$$zOnline Access$$91397441.1 000753061 909CO $$ooai:library.usi.edu:753061$$pGLOBAL_SET 000753061 980__ $$aEBOOK 000753061 980__ $$aBIB 000753061 982__ $$aEbook 000753061 983__ $$aOnline 000753061 994__ $$a92$$bISE