Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/307382 
Authors: 
Year of Publication: 
2024
Series/Report no.: 
CESifo Working Paper No. 11452
Publisher: 
CESifo GmbH, Munich
Abstract: 
Housing cooperatives have a significant share in some countries, particularly in urban housing markets, and are supported by municipalities through tax breaks and preferential access to land. We examine the contribution of housing cooperatives to the provision of affordable housing and how they are affected by rent control. For Germany, we find that residents of cooperative housing pay lower rents than for-profit owners, but are still affected by rent control. In particular, we show that stricter limits on rent increases for existing residential leases in tight housing markets have the effect of lowering rents for housing cooperatives, while we find no such effect of rent regulation for for-profit landlords.
Subjects: 
housing affordability
housing cooperatives
housing tenure
rent control
JEL: 
P13
R21
R31
R38
Document Type: 
Working Paper
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