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This paper analyzes price formation in the German real estate market. The financial crisis has shown the influence that real estate prices can have on macroeconomic development. Although real estate prices in Germany have been extremely stable in recent decades, they have recently risen noticeably. In order to identify price changes as early as possible, we analyze the predictability of real estate prices. The following chapters examine the price effects of various determinants of real estate prices.
Dont copy paste, but my idea came from here: https://hss-opus.ub.ruhr-uni-bochum.de/opus4/frontdoor/index/index/docId/4826
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