Sidansvarig: Webbredaktion
Sidan uppdaterades: 2012-09-11 15:12
Författare |
Aico van Vuuren Josef Kjellander Viktor Nilsson |
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Publicerad i | Regional Science and Urban Economics |
Volym | 77 |
Sidor | 20-37 |
ISSN | 0166-0462 |
Publiceringsår | 2019 |
Publicerad vid |
Institutionen för nationalekonomi med statistik |
Sidor | 20-37 |
Språk | en |
Länkar |
dx.doi.org/10.1016/j.regsciurbeco.2... |
Ämnesord | House prices, Refugees, Attitudes, Announcements, historic amenities, economic-impact, immigration, preferences, diversity, Business & Economics, Environmental Sciences & Ecology, Urban Studies |
Ämneskategorier | Ekonomi och näringsliv |
We evaluate the price development of apartments in neighborhoods surrounding temporary housing for refugees in the year after an unpredicted announcement of building sites, targeting refugees, in Gothenburg. Information on such a development can indicate how much home buyers dislike the idea of having refugees in their neigh-borhood. We use a difference-in-difference approach that takes into account the walking distance to the building sites and the time since the announcement. We find support for a negative and significant price effect of around 4 percent for apartments that were within a 5-minutes walking distance from the building sites, while there is no impact for houses situated at a longer distance. We find that the impact essentially comes from a drop in apartment prices at the moment that the building permits were accepted. We find that the price effect increases with the neighborhood's education level.