A world divided: refugee centers, house prices and household preferences
Martijn Dröes and
Hans Koster
Journal of Economic Geography, 2023, vol. 23, issue 1, 51-90
Abstract:
Using detailed housing transactions data from the Netherlands covering more than two decades, we examine the disamenity effect associated with the opening of refugee centers (RCs). We show that the opening of an RC decreases local house prices by 5.8%. The effect has become stronger in the past decade, in line with an increasing share of nationalist votes. Using micro-data on home buyers’ characteristics, we further identify households’ preferences. The results show that the willingness to pay is more negative for larger RCs and more positive for foreign-born individuals. The latter is indicative of a more positive attitude of foreign-born individuals toward refugees.
Keywords: House prices; refugee centers; attitudes; externalities (search for similar items in EconPapers)
JEL-codes: D12 O18 R31 (search for similar items in EconPapers)
Date: 2023
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Related works:
Working Paper: A World Divided: Refugee Centers, House Prices, and Household Preferences (2020) 
Working Paper: A World Divided: Refugee Centers, House Prices, and Household Preferences (2019) 
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Persistent link: https://EconPapers.repec.org/RePEc:oup:jecgeo:v:23:y:2023:i:1:p:51-90.
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