Impact of Syrian refugees on house prices in Istanbul


Genc I. H. , Gunduz L., Yağmur M. H.

APPLIED ECONOMICS LETTERS, 2022 (SSCI) identifier

  • Publication Type: Article / Article
  • Publication Date: 2022
  • Doi Number: 10.1080/13504851.2022.2138807
  • Journal Name: APPLIED ECONOMICS LETTERS
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, International Bibliography of Social Sciences, ABI/INFORM, Business Source Elite, Business Source Premier, CAB Abstracts, EconLit, Geobase, Public Affairs Index, Veterinary Science Database, DIALNET
  • Keywords: Migrants, house prices, Istanbul, Syrian refugees, IMMIGRATION
  • Istanbul Technical University Affiliated: Yes

Abstract

Turkey is the world's biggest refugee hosting nation, and Istanbul, Turkey's commercial capital and Europe's largest metropolitan city by population, is home to almost 1,500,000 Syrians. We investigate the short-run impact of refugees on house prices in Istanbul's districts. We find a negative impact of massive immigration on house prices.