Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51818
Authors: 
Sá, Filipa
Year of Publication: 
2011
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5893
Abstract: 
This article studies the effect of immigration on house prices in the UK. It finds that immigration has a negative effect on house prices and presents evidence that this negative effect is due to the mobility response of the native population. Natives respond to immigration by moving to different areas and those who leave are at the top of the wage distribution. This generates a negative income effect on housing demand and pushes down house prices. The negative effect of immigration on house prices is driven by local areas where immigrants have lower education.
Subjects: 
immigration
house prices
JEL: 
J61
R21
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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