Rising immigration and falling native-born home ownership: a spatial econometric analysis for New Zealand
Chao Li,
John Gibson and
Geua Boe-Gibson
New Zealand Economic Papers, 2022, vol. 56, issue 3, 318-325
Abstract:
In the last two decades the foreign-born share of New Zealand’s population increased far faster than in other rich countries. We apply spatial econometric models to a three-wave panel of 1851 census area units to examine impacts of higher foreign-born population shares on home ownership rates, especially for native-born residents. A standard deviation higher foreign-born share is associated with a one-sixth of a standard deviation lower ownership rate for the native-born. Much of the impact is indirect, with higher foreign-born shares in one area spilling over into lower native-born ownership rates elsewhere.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:nzecpp:v:56:y:2022:i:3:p:318-325
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DOI: 10.1080/00779954.2022.2105254
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