Immigration and Swiss House Prices

Andreas Fischer () and Kathrin Degen

No 7583, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This study examines the behavior of Swiss house prices to immigration flows for 85 districts from 2001 to 2006. The results show that the nexus between immigration and house prices holds even in an environment of low house price inflation and modest immigration flows. An immigration inflow equal to 1% of an area?s population is coincident with an increase in prices for single-family homes of about 2.7%: a result consistent with previous studies. The overall immigration effect for single-family houses captures almost two-thirds of the total price increase.

Keywords: House prices; Immigration (search for similar items in EconPapers)
JEL-codes: F22 J61 R21 (search for similar items in EconPapers)
Date: 2009-11
New Economics Papers: this item is included in nep-mig and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

Downloads: (external link)
https://cepr.org/publications/DP7583 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Immigration and Swiss House Prices (2017)
Journal Article: Immigration and Swiss House Prices (2017)
Working Paper: Immigration and Swiss House Prices (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:7583

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP7583

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().