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Immigration and Housing Rents

Evidence from German Reunification

  • Kathleen Kürschner
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  • 1.5k Downloads

Part of the BestMasters book series (BEST)

Table of contents

  1. Front Matter
    Pages I-XVI
  2. Kathleen Kürschner
    Pages 1-3
  3. Kathleen Kürschner
    Pages 5-21
  4. Kathleen Kürschner
    Pages 23-67
  5. Kathleen Kürschner
    Pages 69-91
  6. Kathleen Kürschner
    Pages 93-94
  7. Back Matter
    Pages 95-115

About this book

Introduction

This work exploits the natural experiment provided by the unexpected disintegration of socialist East Germany to study the impact of the mass immigration of East Germans on housing rents in West German metropolitan areas. Using a spatial correlation approach, annual district-level migration data for 1991 and 1992 and unique rental price indicators from Germany’s major regional property market information system, Kathleen Kürschner finds strong evidence for a positive and sizeable effect of immigration on rental prices of residential housing. Additional explorations that employ an IV approach based on various exogenous origin-region push factors related to the deteriorating economic conditions in East Germany yield estimates of even larger magnitude. These results suggest that immigration has important economic effects outside the labour market, traditionally the prime domain of economic enquiries into the consequences of immigration. The author’s findings cast doubt on the appropriateness of this bias in focus.

Contents
• German East-West Migration
• West German Property Market
• Origin Characteristics and Instrument Construction

Target Groups
• Teachers and students of economics and social science
• Executives and consultants in the field of research, economics and social science

About the Author
Kathleen Kürschner (M.Sc.) has studied International Economics and Finance and is currently research associate at the Chair of Applied Economics (Faculty of Economics and Management) at the Otto-von-Guericke University Magdeburg.

Keywords

population shocks metropolitan area urban economics demography property

Authors and affiliations

  • Kathleen Kürschner
    • 1
  1. 1.MagdeburgGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-658-12061-0
  • Copyright Information Springer Fachmedien Wiesbaden 2016
  • Publisher Name Springer Gabler, Wiesbaden
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-658-12060-3
  • Online ISBN 978-3-658-12061-0
  • Buy this book on publisher's site
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