Immigration and Swiss House Prices
This study examines the behavior of Swiss house prices to immigration flows for 85 districts from 2001 to 2006. The results show that the nexus between immigration and house prices holds even in an environment of low house price inflation and modest immigration flows. An immigration inflow equal to 1% of an area’s population is coincident with an increase in prices for single-family homes of about 2.7%: a result consistent with previous studies. The overall immigration effect for single-family houses captures almost two-thirds of the total price increase.
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References listed on IDEAS
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- Abdurrahman Aydemir & George J. Borjas, 2011.
"Attenuation Bias in Measuring the Wage Impact of Immigration,"
Journal of Labor Economics,
University of Chicago Press, vol. 29(1), pages 69-113, 01.
- Abdurrahman Aydemir & George J. Borjas, 2010. "Attenuation Bias in Measuring the Wage Impact of Immigration," NBER Working Papers 16229, National Bureau of Economic Research, Inc.
- Libertad Gonzalez & Francesc Ortega, 2013.
"Immigration And Housing Booms: Evidence From Spain,"
Journal of Regional Science,
Wiley Blackwell, vol. 53(1), pages 37-59, 02.
- Libertad González Luna & Francesc Ortega, 2009. "Immigration and housing booms: Evidence from Spain," Economics Working Papers 1167, Department of Economics and Business, Universitat Pompeu Fabra.
- Gonzalez, Libertad & Ortega, Francesc, 2009. "Immigration and Housing Booms: Evidence from Spain," IZA Discussion Papers 4333, Institute for the Study of Labor (IZA).
- Libertad Gonzalez & Francesc Ortega, 2009. "Immigration and Housing Booms: Evidence from Spain," CReAM Discussion Paper Series 0919, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Steven Stillman & David C. Maré, 2008. "Housing Markets and Migration: Evidence from New Zealand," Working Papers 08_06, Motu Economic and Public Policy Research.
- Saiz, Albert, 2007.
"Immigration and housing rents in American cities,"
Journal of Urban Economics,
Elsevier, vol. 61(2), pages 345-371, March.
- Tommaso Frattini, 2012. "Immigrazione," Rivista di Politica Economica, SIPI Spa, issue 3, pages 363-407, July-Sept.
- Albert Saiz, 2003. "Room in the Kitchen for the Melting Pot: Immigration and Rental Prices," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 502-521, August.
- Greulich, Erica & Quigley, John M. & Raphael, Steven, 2005. "The Anatomy of Rent Burdens: Immigration, Growth and Rental Housing," Berkeley Program on Housing and Urban Policy, Working Paper Series qt63t3t356, Berkeley Program on Housing and Urban Policy.
- Andreas M. Fischer, 2009. "European hoarding: currency use among immigrants in Switzerland," Globalization and Monetary Policy Institute Working Paper 35, Federal Reserve Bank of Dallas.
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