Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/272013 
Year of Publication: 
2023
Series/Report no.: 
CESifo Working Paper No. 10369
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
We study market rents in the neighborhood of asylum seeker hosting centers. Our empirical setting exploits the quasi-random opening of centers and spatial allocation of asylum seekers in Switzerland. Rents within 0.7km of an active center are found on average to be 3.8% lower than rents in the control group. The price drop is more pronounced when centers host a higher share of asylum seekers from Sub-Saharan countries. In contrast, neither the religious affiliation of asylum seekers nor their inferred crime propensity affect prices significantly. Our findings are consistent with racial animus as the dominant driver of observed market outcomes.
Subjects: 
ethnic prejudice
willingness to pay
housing prices
refugee centers
JEL: 
D90
J15
R31
Document Type: 
Working Paper
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