Do House Prices Sink or Ride the Wave of Immigration?

22 Pages Posted: 14 May 2018

See all articles by Matthew Larkin

Matthew Larkin

Deakin University

zohid askarov

Deakin University

Hristos Doucouliagos

Deakin University - School of Accounting, Economics and Finance

Chris Dubelaar

Deakin Business School

Maria Klona

Deakin University

Joshua Newton

Deakin University

Tom Stanley

Deakin University

Andrea Vocino

Deakin University

Abstract

The sharp rise in international migration is a pressing social and economic issue, as seen in the recent global trend towards nationalism. One major concern is the impact of immigration on housing. We assemble a comprehensive database of 474 estimates of immigration's impact on house prices in 14 destination countries and find that immigration increases house prices, on average. However, attitudes to immigrants moderate this effect. In countries less welcoming to immigrants, house price increases are more limited.

Keywords: immigration, house prices, attitudes, meta-regression

JEL Classification: F22, R31

Suggested Citation

Larkin, Matthew and askarov, zohid and Doucouliagos, Chris (Hristos) and Dubelaar, Chris and Klona, Maria and Newton, Joshua and Stanley, Tom and Vocino, Andrea, Do House Prices Sink or Ride the Wave of Immigration?. IZA Discussion Paper No. 11497. Available at SSRN: https://ssrn.com/abstract=3177372

Matthew Larkin (Contact Author)

Deakin University ( email )

Australia

Zohid Askarov

Deakin University

Chris (Hristos) Doucouliagos

Deakin University - School of Accounting, Economics and Finance ( email )

Burwood, Victoria 3215
Australia

Chris Dubelaar

Deakin Business School ( email )

Australia

Maria Klona

Deakin University

75 Pigdons Road
Victoria, 3216
Australia

Joshua Newton

Deakin University ( email )

75 Pigdons Road
Victoria, Victoria 3216
Australia

Tom Stanley

Deakin University ( email )

75 Pigdons Road
Victoria, Victoria 3216
Australia

Andrea Vocino

Deakin University ( email )

70 Elgar Road
Burwood, Victoria 3125
Australia
392517408 (Phone)

HOME PAGE: http://andreavocino.com

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