Immigrant language barriers and house prices
Abstract: Are language skills important in explaining the nexus between house prices and immigrant inflows? The language barrier hypothesis says immigrants from a non common language country value amenities more than immigrants from common language countries.> ; In turn, immigrants from non common language countries are less price sensitive to house price changes than immigrants from a common language country. Tests of the language barrier hypothesis with Swiss house prices show that an immigration inflow from a non common language country equal to 1 percent of an area's population is coincident with an increase in prices for single-family homes of about 4.9 percent. Immigrant inflow from a common language country instead has no statistically significant impact.
File(s): File format is application/pdf http://www.dallasfed.org/assets/documents/institute/wpapers/2011/0097.pdf
Provider: Federal Reserve Bank of Dallas
Part of Series: Globalization Institute Working Papers
Publication Date: 2011
Pages: 32 pages
Note: Published as: Fischer, Andreas M. (2012), "Immigrant Language Barriers and House Prices," Regional Science and Urban Economics 42 (3): 389-395.