PropertyValue
?:abstract
  • We investigate the question of whether agents on the rental housing market are inattentive to sizeable side costs of renting, namely commissions payable by renters to real estate agents appointed by landlords. We exploit a natural experiment created by a policy reform in Germany that shifted the payment liability for commissions from renters to landlords. Based on panel data on offers for apartments to rent, we find evidence for substantial inattention. This has allocative as well as distributional consequences as it implies an inefficiently high demand for real estate agent services at the expense of renters. (xsd:string)
?:author
?:comment
  • (Mikrozensus) (xsd:string)
?:dataSource
  • Mikrozensus-Bibliography (xsd:string)
?:dateModified
  • 2019 (xsd:gyear)
?:datePublished
  • 2019 (xsd:gyear)
?:fromPage
  • 48 (xsd:string)
is ?:hasPart of
?:inLanguage
  • english (xsd:string)
?:issueNumber
  • Discussionpaper number 1716 (xsd:string)
?:name
  • Inattention in the Rental Housing Market (xsd:string)
?:provider
?:publicationType
  • techreport (xsd:string)
?:sourceInfo
  • (Discussionpaper number 1716), 48, 2019 (xsd:string)
  • Bibsonomy (xsd:string)
?:studyGroup
  • Mikrozensus (MZ) (xsd:string)
?:tags
  • 2019 (xsd:string)
  • FDZ_GML (xsd:string)
  • MZ_input2020 (xsd:string)
  • MZ_pro (xsd:string)
  • Mikrozensus (xsd:string)
  • imported (xsd:string)
  • techreport (xsd:string)
?:toPage
  • 48 (xsd:string)
rdf:type