Local house price effects of internal migration in queensland: Australia's interstate migration capital
| Title | Local house price effects of internal migration in queensland: Australia's interstate migration capital |
|---|---|
| Author | Erol, Işıl, Ünal, U. |
| Publication Date: | 2023-06 |
| Publication Place | - Wiley |
| Type | Periodical |
| Language | English |
| Digital | Yes |
| Manuscript | No |
| Library: | Özyeğin University |
| Library Asset ID | 0004-9018 |
| Record ID | 232f8cfd-ffad-445d-b446-512c6adc7279 |
| Library Location | International Finance |
| Date | 2023-06 |
| Sample Text | We examine the causal impact of internal migration on housing prices across 82 Statistical Areas Level 3 regions in Queensland, Australia from 2014–2019. The primary findings are: (i) an annual increase in the inflow of migrants equal to 1 per cent of a region's initial population leads to a 0.6 to 0.7 per cent annual increase in Queensland's house prices across different empirical specifications; (ii) this effect differs between the Greater Brisbane metropolitan area and Rest of State areas; (iii) migration from New South Wales fails to produce a significant influence on house price growth in Queensland. |
| DOI | 10.1111/1467-8462.12512 |