How Strongly Does German Residential Construction React to Rising Capital Market Interest Rates?

Abstract New housing construction in Germany is under heavy pressure. In addition to strongly rising material, labour and energy prices, the costs of financing construction have increased sharply since the start of the year. Due to high inflation in the Eurozone, capital and mortgage rates have incr...

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Bibliographic Details
Main Authors: Norbert Hiller, Oliver Lerbs
Format: Article
Language:deu
Published: Sciendo 2022-09-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3272-7
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