Unal, Umut; Hayo, Bernd; Erol, Isil - 2022
This study provides evidence of the causal impact of immigration on German house prices, flat prices, and flat rents …-term effect on German flat prices and rents. House prices are not significantly affected. We estimate that an increase in … international migration of 1% of the initial district population causes a hike in flat prices of up to 3% as well as a hike in flat …