Capitalization of neighbourhood diversity and segregation

Viggo Nordvik, Liv Osland, Inge Thorsen and Ingrid Sandvig Thorsen
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Viggo Nordvik: NOVA, Oslo and Akershus University College of Applied Sciences, Norway
Liv Osland: Western Norway University of Applied Sciences, Norway
Inge Thorsen: Western Norway University of Applied Sciences, Norway

Environment and Planning A, 2019, vol. 51, issue 8, 1775-1799

Abstract: In this paper we study how concentrations and diversity of different groups of households were reflected in the housing prices of neighbourhoods in the Oslo urban area, Norway. The focus is primarily on the settlement pattern of immigrants, but the analysis controls for socioeconomic and demographic characteristics. Based on a hedonic conditional autoregressive spatial model formulation, we find that households on average prefer neighbourhoods with a high concentration of natives, many immigrants from Western countries and, at the same time, a diverse, thin representation of neighbours from a wide range of countries. We do not find that immigrants from specific countries or continents have a substantial negative impact on housing prices in a neighbourhood.

Keywords: Diversity; segregation; immigration; local housing prices (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:51:y:2019:i:8:p:1775-1799

DOI: 10.1177/0308518X19861108

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