Zoning in reunified Berlin

In: A. Lehavi (Ed.), One Hundred Years of Zoning and the Future of Cities, Cham: Springer International Publishing AG, 123-138, 2018

Posted: 6 Mar 2020

See all articles by Gabriel M. Ahlfeldt

Gabriel M. Ahlfeldt

London School of Economics & Political Science (LSE) - Department of Geography and Environment

Wolfgang Maennig

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences

Felix Richter

University of Hamburg - School of Business, Economics and Social Sciences

Multiple version iconThere are 2 versions of this paper

Date Written: 2018

Abstract

While urban renewal programs have become widely-used policy measures to target urban development, the reasons why certain areas are more responsive to policy interventions than others are less known. With this study, we address some of these issues by analyzing an urban renewal program in Berlin, Germany, with 22 designated renewal zones between 1990 and 2012. We separately estimate the effects of the renewal policy on property prices for each respective redevelopment area by comparing price developments in these areas to a series of runner-up areas and to geographically close transactions. We find a considerable amount of heterogeneity. While some areas profit form the renewal policies, there are several areas which develop quite differently and end up with a decrease in property prices due to the urban renewal policy.

Keywords: Urban, renewal, revitalization, area level, hedonic, policy evaluation

JEL Classification: D62, H23, R21, R31

Suggested Citation

Ahlfeldt, Gabriel M. and Maennig, Wolfgang and Richter, Felix, Zoning in reunified Berlin (2018). In: A. Lehavi (Ed.), One Hundred Years of Zoning and the Future of Cities, Cham: Springer International Publishing AG, 123-138, 2018, Available at SSRN: https://ssrn.com/abstract=3532346

Gabriel M. Ahlfeldt

London School of Economics & Political Science (LSE) - Department of Geography and Environment ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

HOME PAGE: http://personal.lse.ac.uk/ahlfeldg/

Wolfgang Maennig (Contact Author)

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

Felix Richter

University of Hamburg - School of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, D-20146
Germany

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