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Immigration and Rental Prices of Residential Housing: Evidence from the Fall of the Berlin Wall

Kathleen Kürschner

Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: This paper exploits the natural experiment provided by the unexpected disintegration of socialist East Germany to study the impact that immigration has on residential housing rents in recipient regions. Using a spatial correlation approach, annual district-level migration data and rental price indicators, we find strong evidence for a positive and sizeable effect of immigration on housing rents. An exploration of exogenous origin-region push factors yields IV estimates of even larger magnitude.

JEL-codes: J61 R21 R23 R31 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cta, nep-his, nep-mig, nep-tra and nep-ure
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168092

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