Housing Demand in Germany and Japan德国和日本的住房需求.pptVIP

Acknowledgement桞jorn Paper deals with consumption demand of 揾ousing services?Tries to explain the decision re: which dwelling to occupy (not purchase)- house or rental unit Housing Demand in Germany and Japan Borsch-Supan, Heiss, and Seko, JHE 10, 229-252 (2001) Presented by Mark L. Trueman, 11/25/02 Commonalities Market economies with essentially private housing markets Strong government intervention in the form of housing subsidies/ market regulations Comparable standards of living Comparable demographics卐.g. high elderly share 揂mericanized? similar consumption patterns Basic Diffe