Coronavirus Crisis and Housing Policy Challenges

Abstract The coronavirus pandemic and the associated containment measures are likely to have serious effects on housing. In the short term, the German Federal Government has reacted with temporary exemptions for subject-oriented instruments as well as for rental and lending regulations. However, it...

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Main Authors: Holger Cischinsky, Philipp Deschermeier, Max-Christopher Krapp, Martin Vaché
Format: Article
Language:deu
Published: Sciendo 2020-07-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-020-2699-y
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author Holger Cischinsky
Philipp Deschermeier
Max-Christopher Krapp
Martin Vaché
author_facet Holger Cischinsky
Philipp Deschermeier
Max-Christopher Krapp
Martin Vaché
author_sort Holger Cischinsky
collection DOAJ
description Abstract The coronavirus pandemic and the associated containment measures are likely to have serious effects on housing. In the short term, the German Federal Government has reacted with temporary exemptions for subject-oriented instruments as well as for rental and lending regulations. However, it has become apparent that further temporary regulations are needed within the scope of social security of housing. In the course of the recession, pronounced price declines on the housing markets are to be expected due to the great relevance of demandside developments. However, longterm labour migration will potentially revise the price declines. Housing policymakers would therefore be advised to stabilise housing construction activities or to orient them countercyclically in order to be able to cover longterm housing needs that will emerge by resurgent immigration.
format Article
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institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2020-07-01
publisher Sciendo
record_format Article
series Wirtschaftsdienst
spelling doaj-art-853b25f6023642cba94e554c39d599352025-02-02T12:27:22ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-07-01100751652310.1007/s10273-020-2699-yCoronavirus Crisis and Housing Policy ChallengesHolger Cischinsky0Philipp Deschermeier1Max-Christopher Krapp2Martin Vaché3Institut Wohnen und Umwelt GmbH (IWU)Institut Wohnen und Umwelt GmbH (IWU)Institut Wohnen und Umwelt GmbH (IWU)Institut Wohnen und Umwelt GmbH (IWU)Abstract The coronavirus pandemic and the associated containment measures are likely to have serious effects on housing. In the short term, the German Federal Government has reacted with temporary exemptions for subject-oriented instruments as well as for rental and lending regulations. However, it has become apparent that further temporary regulations are needed within the scope of social security of housing. In the course of the recession, pronounced price declines on the housing markets are to be expected due to the great relevance of demandside developments. However, longterm labour migration will potentially revise the price declines. Housing policymakers would therefore be advised to stabilise housing construction activities or to orient them countercyclically in order to be able to cover longterm housing needs that will emerge by resurgent immigration.https://doi.org/10.1007/s10273-020-2699-y
spellingShingle Holger Cischinsky
Philipp Deschermeier
Max-Christopher Krapp
Martin Vaché
Coronavirus Crisis and Housing Policy Challenges
Wirtschaftsdienst
title Coronavirus Crisis and Housing Policy Challenges
title_full Coronavirus Crisis and Housing Policy Challenges
title_fullStr Coronavirus Crisis and Housing Policy Challenges
title_full_unstemmed Coronavirus Crisis and Housing Policy Challenges
title_short Coronavirus Crisis and Housing Policy Challenges
title_sort coronavirus crisis and housing policy challenges
url https://doi.org/10.1007/s10273-020-2699-y
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AT philippdeschermeier coronaviruscrisisandhousingpolicychallenges
AT maxchristopherkrapp coronaviruscrisisandhousingpolicychallenges
AT martinvache coronaviruscrisisandhousingpolicychallenges