Immigration and House Prices in the UK

By F. Sá. Social Science Research Network, 2015

228 citations recorded by the source corpus.

This article studies the effect of immigration on house prices in the UK. It finds that immigration has a negative effect on house prices and presents evidence that this negative effect is due to the mobility response of the native population. Natives respond to immigration by moving to different areas and those who leave are at the top of the wage distribution. This generates a negative income effect on housing demand and pushes down house prices. The negative effect of immigration on house prices is driven by local areas where immigrants have lower education.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/8c4b49bc5079e22166074a11c14ceffc2da07317

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. S. Mocetti
2. E. Olivieri
3. Francesco Manaresi
4. John Van Reenen
5. Antonio Accetturo

In Economics and Econometrics

1. S. Mocetti
2. Swati Dhingra
3. Gianmarco I. P. Ottaviano
4. Antonio Accetturo
5. Jonathan Wadsworth
6. John Van Reenen
7. E. Olivieri
8. Francesco Manaresi

In Finance

1. S. Mocetti
2. E. Olivieri
3. Swati Dhingra
4. Jonathan Wadsworth
5. Gianmarco I. P. Ottaviano
6. Francesco Manaresi
7. John Van Reenen
8. Antonio Accetturo

Citations in the corpus

• Brexit and the Impact of Immigration on the UK (2016, background): “Having said this, the empirical evidence does not find positive effects of immigration on local house prices (Sa, 2015).”
• Don't stand so close to me: The urban impact of immigration (2012, background): “Sá (2011) uses survey data from the Labor Force Survey and finds similar results for the UK cities over the period 2003-2010.”