Effects of Fiscal Policies on House Prices : New Evidence, Persistence, Consequences

Title data

Stadelmann, David:
Effects of Fiscal Policies on House Prices : New Evidence, Persistence, Consequences.
Baden-Baden : Nomos-Verlag , 2010
ISBN 978-3-8329-5597-7

Official URL:

Abstract in another language

Why is housing more expensive in some places than in others and what communal characteristics influence house prices? Do property price differentials between communities exist due to differences in local taxes and public services and, if so, do they persist over time? Do property prices reflect differences in communal debts and what are the consequences? These questions will be analyzed and answered in this book. They form part of the grand quest in urban economics, local public finance and economic geography to understand the location decisions of people and the consequences of their choices. The subprime mortgage crisis in the United States and the resulting financial turmoil have shown that information concerning the determinants of property values is of major importance for property owners, policy makers, mortgage banks and other financial institutions. By analyzing the influence of fiscal policies and diverse communal factors on house prices this book contributes to enhancing our understanding which communal characteristics determine property values.

Abstract in another language

Warum sind Immobilien in bestimmten Gemeinden teurer als in anderen und welche lokalen Einflussfaktoren bestimmen die Immobilienpreise? Unterscheiden sich Immobilienpreise zwischen Gemeinden aufgrund von unterschiedlichen lokalen Steuern und haben derartige Preisunterschiede über längere Zeit Bestand? Spiegeln Immobilienpreise öffentliche Schulden wider und welche Konsequenzen bezüglich zukünftiger Last von Staatsschulden ergeben sich daraus?

Diese Fragen werden im vorliegenden Buch untersucht und beantwortet. Die Kreditkrise in den Vereinigten Staaten und die anschließende Finanzkrise zeigen die hohe Bedeutung von Detailwissen zu den Determinanten von Immobilienpreisen für Grundbesitzer, politische Entscheidungsträger, Banken und andere Finanzdienstleister.

In diesem Buch werden die Auswirkungen von lokalen Einflussfaktoren wie kommunale Steuern, lokale öffentliche Güter, demographische und andere sozioökonomische Charakteristika auf die Immobilienpreise untersucht.

Further data

Item Type:	Book / Monograph
Additional notes:	Zugl.: Fribourg, Univ., Diss., 2010
Institutions of the University:	Faculties > Faculty of Law, Business and Economics > Department of Economics Faculties > Faculty of Law, Business and Economics > Department of Economics > Professor Economics with a focus on development economics > Professor Economics with a focus on development economics - Univ.-Prof. Dr. David Stadelmann Profile Fields > Emerging Fields > Governance and Responsibility Faculties Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics > Professor Economics with a focus on development economics Profile Fields Profile Fields > Emerging Fields
Result of work at the UBT:	No
DDC Subjects:	300 Social sciences > 320 Political science 300 Social sciences > 330 Economics
Date Deposited:	01 Dec 2014 10:30
Last Modified:	26 Apr 2018 06:45
URI:	https://eref.uni-bayreuth.de/id/eprint/4410