Discussion paper

DP7583 Immigration and Swiss House Prices

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.

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Citation

Fischer, A and K Degen (2009), ‘DP7583 Immigration and Swiss House Prices‘, CEPR Discussion Paper No. 7583. CEPR Press, Paris & London. https://cepr.org/publications/dp7583

Multi-ethnic class of school children
VoxEU Column

Understanding diversity and discrimination dynamics in the classroom

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  • Education
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  • Migration