This year, the twelfth conference of the Leibniz Network “Real Estate Markets and Capital Markets” (ReCapNet) took place as an online-only event with guests from all over the world. Between 10 and 19 November 2020, around 100 researchers met to attend the presentations and discussions of twelve selected research papers as well as the keynote address by Professor Edward Glaeser from Harvard University.

 The online format also provided an opportunity for critical discussion.
Professor Glaeser during his keynote speech on urban economics at the 12th ReCapNet Conference.

The highlight of the conference was the keynote speech delivered by Edward Glaeser, professor at Harvard University, on the “Survival of the City”, which focused on modern cities in times of the pandemic. In his speech, the author of the book “Triumph of the City” explained the changes cities are experiencing in terms of labour markets, housing demand and other urban economics issues. Around 100 participants, including researchers and students, had the opportunity to engage in a lively exchange with the speaker afterwards.

In the further course of the ReCapNet conference, twelve selected research papers were presented. Some of the topics included:

  • How is the COVID-19 pandemic changing demand and supply in real estate markets?
  • How do fire sales affect commercial property markets?
  • How do different auction methods for real estate influence price fluctuations?
  • How do local shocks (such as Hurricane Katrina) affect the regional financial system and real estate markets?

This year’s ReCapNet conference again provided an opportunity to learn about and critically discuss the latest and most relevant research in the field of real estate and capital markets.

About ReCapNet

The Leibniz Network “Real Estate Markets and Capital Markets” (ReCapNet) has been investigating the interactions between real estate markets and capital markets since its launch in 2009. So far, the aim of the network has been to assess the consequences of such interactions for housing and commercial real estate markets, for the development perspectives of different real estate markets and for the stability of real estate and financial markets. In the future, questions of old-age provision in connection with real estate investments as well as income and wealth distribution and regional policy are likely to gain in importance.

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Date

21.12.2020