Fischer, Andreas; Degen, Kathrin - Schweizerische Nationalbank (SNB) - 2010
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 …, nationwide rent control, and modest immigration flows. An immigration inflow equal to 1% of an area’s population is coincident …