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Immigrant language barriers and house prices

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  • Fischer, Andreas M.

Abstract

Are language skills important in explaining the nexus between house prices and immigrant inflows? The language barrier hypothesis says immigrants from a non common language country value amenities more than immigrants from common language countries.> ; In turn, immigrants from non common language countries are less price sensitive to house price changes than immigrants from a common language country. Tests of the language barrier hypothesis with Swiss house prices show that an immigration inflow from a non common language country equal to 1 percent of an area's population is coincident with an increase in prices for single-family homes of about 4.9 percent. Immigrant inflow from a common language country instead has no statistically significant impact.

Suggested Citation

  • Fischer, Andreas M., 2011. "Immigrant language barriers and house prices," Globalization Institute Working Papers 97, Federal Reserve Bank of Dallas.
  • Handle: RePEc:fip:feddgw:97
    Note: Published as: Fischer, Andreas M. (2012), "Immigrant Language Barriers and House Prices," Regional Science and Urban Economics 42 (3): 389-395.
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    References listed on IDEAS

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    1. Libertad Gonzalez & Francesc Ortega, 2013. "Immigration And Housing Booms: Evidence From Spain," Journal of Regional Science, Wiley Blackwell, vol. 53(1), pages 37-59, February.
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    5. repec:spr:sjecst:v:153:y:2017:i:1:d:10.1007_bf03399433 is not listed on IDEAS
    6. Ather H. Akbari & Yigit Aydede, 2012. "Effects of immigration on house prices in Canada," Applied Economics, Taylor & Francis Journals, vol. 44(13), pages 1645-1658, May.
    7. Francisco L. Rivera-Batiz, 2018. "English Language Proficiency and the Economic Progress of Immigrants," World Scientific Book Chapters,in: International and Interregional Migration Theory and Evidence, chapter 11, pages 165-173 World Scientific Publishing Co. Pte. Ltd..
    8. 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.
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    11. Kathrin Degen & Andreas M. Fischer, 2017. "Immigration and Swiss House Prices," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(1), pages 15-36, January.
    12. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2009. "Cultural Biases in Economic Exchange?," The Quarterly Journal of Economics, Oxford University Press, vol. 124(3), pages 1095-1131.
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    Citations

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    Cited by:

    1. Adams, Zeno & Blickle, Kristian, 2016. "Immigration, Real Estate Prices and the Consumption Decisions of Native Households," Working Papers on Finance 1615, University of St. Gallen, School of Finance.
    2. Marcus H. Böhme & Sarah Kups, 2017. "The economic effects of labour immigration in developing countries: A literature review," OECD Development Centre Working Papers 335, OECD Publishing.
    3. Kathrin Degen & Andreas M. Fischer, 2017. "Immigration and Swiss House Prices," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(1), pages 15-36, January.
    4. Bayar, Mehmet, 2016. "The impact of cultural diversity on the German housing market," Ruhr Economic Papers 662, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    5. Hippolyte D'Albis & Dramane Coulibaly & Ekrame Boubtane, 2017. "International Migration and Regional Housing Markets: Evidence from France," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01469758, HAL.
    6. Basten, Christoph & Koch, Catherine, 2015. "The causal effect of house prices on mortgage demand and mortgage supply: Evidence from Switzerland," Journal of Housing Economics, Elsevier, vol. 30(C), pages 1-22.
    7. Accetturo, Antonio & Manaresi, Francesco & Mocetti, Sauro & Olivieri, Elisabetta, 2014. "Don't stand so close to me: The urban impact of immigration," Regional Science and Urban Economics, Elsevier, vol. 45(C), pages 45-56.
    8. Christoph Basten & Cathérine Koch, 2014. "The causal effect of house prices on mortgage demand and mortgage supply," ECON - Working Papers 140, Department of Economics - University of Zurich.

    More about this item

    JEL classification:

    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand

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