Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/185186 
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers No. 11726
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We evaluate the price development of apartments in neighborhoods surrounding temporary housing for refugees using the unpredicted announcement of three building sites, targeting refugees, in Gothenburg. More in particular, we look at the price development in the year after the announcement. We use a causal outcome model that takes account of time and postal-code fixed effects and we define an area to be affected by the announcement based on walking distance. We find support for a small and significant price effect. In addition, we find that the price effect of the neighborhood depends on the income level of the neighborhood. We interpret this as evidence for the fact that not having to live close to refugees can be seen as a luxury good.
Subjects: 
house prices
migration
JEL: 
O15
O18
R31
Document Type: 
Working Paper

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