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The impact of the announcement of temporary building sites for refugees on house prices in Gothenburg

Author

Listed:
  • Kjellander, Josef

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

  • Nilsson, Viktor

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

  • van Vuuren, Aico

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

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 price effect.

Suggested Citation

  • Kjellander, Josef & Nilsson, Viktor & van Vuuren, Aico, 2018. "The impact of the announcement of temporary building sites for refugees on house prices in Gothenburg," Working Papers in Economics 720, University of Gothenburg, Department of Economics.
  • Handle: RePEc:hhs:gunwpe:0720
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    File URL: http://hdl.handle.net/2077/55597
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    References listed on IDEAS

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    1. Saiz, Albert, 2007. "Immigration and housing rents in American cities," Journal of Urban Economics, Elsevier, vol. 61(2), pages 345-371, March.
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    6. Filipa Sá, 2015. "Immigration and House Prices in the UK," Economic Journal, Royal Economic Society, vol. 125(587), pages 1393-1424, September.
    7. Albert Saiz & Susan Wachter, 2011. "Immigration and the Neighborhood," American Economic Journal: Economic Policy, American Economic Association, vol. 3(2), pages 169-188, May.
    8. Gautier, Pieter A. & Siegmann, Arjen & Van Vuuren, Aico, 2009. "Terrorism and attitudes towards minorities: The effect of the Theo van Gogh murder on house prices in Amsterdam," Journal of Urban Economics, Elsevier, vol. 65(2), pages 113-126, March.
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    Cited by:

    1. Kathleen Kürschner & Michael Kvasnicka, 2018. "The 2015 European Refugee Crisis and Residential Housing Rents in Germany," ERES eres2018_156, European Real Estate Society (ERES).

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    More about this item

    Keywords

    House prices; migration;

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

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