{"nextPageNumber":3,"markup":"\n\n<div class=\"co__main\">\n\n    \n\n    <ul class=\"teaser-list teaser-type-default row row-cols-1 row-cols-sm-2 row-cols-md-2\">\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n<article class=\"publication-page-teaser\" is=\"publication-page-teaser\">\n    \n    \n    \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n            \n        \n    \n        \n    \n\n    <div class=\"publication-teaser__header d-flex justify-content-between\">\n\n        \n        \n\n        \n\n        <p class=\"publication-page-teaser__published\">\n            \n            \n                \n            \n\n            \n                <span class=\"publisher\">\n                    Kiel Working Papers\n                <\/span><br>\n            \n            <span class=\"published-date\">12\/2025<\/span>\n        <\/p>\n\n        \n            <p class=\"publication-page-teaser__meta\">\n                <span class=\"meta meta__category\">Working Paper<\/span>\n            <\/p>\n        \n    <\/div>\n\n    <h3 class=\"publication-page-teaser__headline h2\">\n        <a class=\"publication-page-teaser__page-link\" href=\"\/publications\/beyond-interest-rates-upfront-costs-and-housing-affordability-in-germany-19276\/\">Beyond Interest Rates: Upfront Costs and Housing Affordability in Germany<\/a>\n    <\/h3>\n\n    <div class=\"publication-page-teaser__info d-flex justify-content-between align-items-end\">\n        <p class=\"publication-page-teaser__author\">Amaral, F., Staratschek, G., Zdrzalek, J., Zetzmann, S.<\/p>\n\n        \n            <a class=\"publication-page-teaser__pdf d-flex align-items-center\"\n               href=\"\/fileadmin\/Dateiverwaltung\/IfW-Publications\/fis-import\/805d6ad6-6e55-4db7-a07e-5ea9e3fdadfe-KWP_2307.pdf\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"13\" height=\"13\" viewBox=\"0 0 13 13\">\n                    <path fill=\"#1C1B1F\"\n                          d=\"M6.5 8.666 3.792 5.958l.758-.785L5.96 6.58V2.166h1.083v4.415L8.45 5.173l.759.785L6.5 8.666Zm-3.25 2.167c-.298 0-.553-.106-.765-.318a1.043 1.043 0 0 1-.318-.765V8.125H3.25V9.75h6.5V8.125h1.084V9.75c0 .298-.106.553-.319.765a1.043 1.043 0 0 1-.765.318h-6.5Z\"\/>\n                <\/svg>\n                PDF\n            <\/a>\n        \n\n    <\/div>\n<\/article>\n\n            <\/li>\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n<article class=\"publication-page-teaser\" is=\"publication-page-teaser\">\n    \n    \n    \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n            \n        \n    \n        \n    \n\n    <div class=\"publication-teaser__header d-flex justify-content-between\">\n\n        \n        \n\n        \n\n        <p class=\"publication-page-teaser__published\">\n            \n            \n                \n            \n\n            \n                <span class=\"publisher\">\n                    Kiel Policy Brief\n                <\/span><br>\n            \n            <span class=\"published-date\">12\/2025<\/span>\n        <\/p>\n\n        \n            <p class=\"publication-page-teaser__meta\">\n                <span class=\"meta meta__category\">Policy Article<\/span>\n            <\/p>\n        \n    <\/div>\n\n    <h3 class=\"publication-page-teaser__headline h2\">\n        <a class=\"publication-page-teaser__page-link\" href=\"\/publications\/dreaming-of-a-home-equity-as-an-obstacle-to-home-ownership-19282\/\">Dreaming of a home: Equity as an obstacle to home ownership<\/a>\n    <\/h3>\n\n    <div class=\"publication-page-teaser__info d-flex justify-content-between align-items-end\">\n        <p class=\"publication-page-teaser__author\">Amaral, F., Staratschek, G., Zdrzalek, J., Zetzmann, S.<\/p>\n\n        \n            <a class=\"publication-page-teaser__pdf d-flex align-items-center\"\n               href=\"\/fileadmin\/Dateiverwaltung\/IfW-Publications\/fis-import\/8e8957a6-6213-4727-9606-045c9d62941a-KPB_200_en.pdf\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"13\" height=\"13\" viewBox=\"0 0 13 13\">\n                    <path fill=\"#1C1B1F\"\n                          d=\"M6.5 8.666 3.792 5.958l.758-.785L5.96 6.58V2.166h1.083v4.415L8.45 5.173l.759.785L6.5 8.666Zm-3.25 2.167c-.298 0-.553-.106-.765-.318a1.043 1.043 0 0 1-.318-.765V8.125H3.25V9.75h6.5V8.125h1.084V9.75c0 .298-.106.553-.319.765a1.043 1.043 0 0 1-.765.318h-6.5Z\"\/>\n                <\/svg>\n                PDF\n            <\/a>\n        \n\n    <\/div>\n<\/article>\n\n            <\/li>\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n<article class=\"publication-page-teaser\" is=\"publication-page-teaser\">\n    \n    \n    \n    \n        \n            \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n\n    <div class=\"publication-teaser__header d-flex justify-content-between\">\n\n        \n        \n\n        \n\n        <p class=\"publication-page-teaser__published\">\n            \n            \n\n            \n                <span class=\"publisher\">The Times<\/span><br>\n            \n            <span class=\"published-date\">11\/2025<\/span>\n        <\/p>\n\n        \n            <p class=\"publication-page-teaser__meta\">\n                <span class=\"meta meta__category\">Kiel Institute in the News<\/span>\n            <\/p>\n        \n    <\/div>\n\n    <h3 class=\"publication-page-teaser__headline h2\">\n        <a class=\"publication-page-teaser__page-link\" href=\"\/publications\/german-rearmament-needs-to-hit-warp-speed-19092\/\">German rearmament needs to hit warp speed<\/a>\n    <\/h3>\n\n    <div class=\"publication-page-teaser__info d-flex justify-content-between align-items-end\">\n        <p class=\"publication-page-teaser__author\">Schularick, M.<\/p>\n\n        \n\n    <\/div>\n<\/article>\n\n            <\/li>\n        \n            \n            \n                \n            \n            <li class=\"teaser-list__item\">\n                \n\n<article class=\"publication-page-teaser\" is=\"publication-page-teaser\">\n    \n    \n    \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n    \n        \n            \n        \n    \n        \n    \n\n    <div class=\"publication-teaser__header d-flex justify-content-between\">\n\n        \n        \n\n        \n\n        <p class=\"publication-page-teaser__published\">\n            \n            \n                \n            \n\n            \n                <span class=\"publisher\">\n                    \n                <\/span><br>\n            \n            <span class=\"published-date\">06\/2025<\/span>\n        <\/p>\n\n        \n            <p class=\"publication-page-teaser__meta\">\n                <span class=\"meta meta__category\">Data Set<\/span>\n            <\/p>\n        \n    <\/div>\n\n    <h3 class=\"publication-page-teaser__headline h2\">\n        <a class=\"publication-page-teaser__page-link\" href=\"\/publications\/kiel-military-procurement-tracker-17722\/\">Kiel Military Procurement Tracker<\/a>\n    <\/h3>\n\n    <div class=\"publication-page-teaser__info d-flex justify-content-between align-items-end\">\n        <p class=\"publication-page-teaser__author\">Wolff G.B., Burilkov, A., Bushnell, K., Kharitonov, I., Mejino-Lopez, J., Morgan , T.<\/p>\n\n        \n            <a class=\"publication-page-teaser__pdf d-flex align-items-center\"\n               href=\"\/fileadmin\/Dateiverwaltung\/IfW-Publications\/fis-import\/8a58c5dc-e09e-4903-8ac0-7f63e4fbac98-Kiel_Military_Procurement_Tracker_Release_2.xlsx\">\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"13\" height=\"13\" viewBox=\"0 0 13 13\">\n                    <path fill=\"#1C1B1F\"\n                          d=\"M6.5 8.666 3.792 5.958l.758-.785L5.96 6.58V2.166h1.083v4.415L8.45 5.173l.759.785L6.5 8.666Zm-3.25 2.167c-.298 0-.553-.106-.765-.318a1.043 1.043 0 0 1-.318-.765V8.125H3.25V9.75h6.5V8.125h1.084V9.75c0 .298-.106.553-.319.765a1.043 1.043 0 0 1-.765.318h-6.5Z\"\/>\n                <\/svg>\n                XLSX\n            <\/a>\n        \n\n    <\/div>\n<\/article>\n\n            <\/li>\n        \n    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