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Foreign Real Estate Investment, Housing Affordability, and Regulations: A Comparative Political Economy Analysis of 50 Countries

Ziel

The rapid influx of global capital into residential real estate has significantly reshaped housing markets, particularly in global cities, where foreign investment has driven up property prices and rents, exacerbating housing affordability challenges. Despite its economic benefits, Foreign Real Estate Investment (FREI) often makes homeownership less attainable for local residents, leading to varied government responses. While some case studies have explored this issue on a localized level, a large-scale, comparative analysis remains absent. This project addresses this gap by investigating the impact of FREI on housing affordability and homeownership across 50 countries, using a comparative political economy approach. The study will analyze divergent regulatory approaches and evaluate their effectiveness in managing FREIs effects on housing markets. Using advanced econometric methods like Vector Autoregression (VAR) and Instrumental Variable (IV) models, and developing two original datasetsForeign Real Estate Investment Index (FREI) and Foreign Real Estate Investment Regulation Index (FREIR)this research will provide a comprehensive analysis of the complex interactions between foreign investment, housing market dynamics, and regulatory frameworks. The findings will offer critical insights for policymakers to develop strategies that balance the benefits of foreign investment with the need for affordable housing.

Koordinator

FREIE UNIVERSITAET BERLIN
Netto-EU-Beitrag
€ 217 965,12
Adresse
KAISERSWERTHER STRASSE 16-18
14195 Berlin
Deutschland

Auf der Karte ansehen

Region
Berlin Berlin Berlin
Aktivitätstyp
Higher or Secondary Education Establishments
Links
Gesamtkosten
Keine Daten