Impact of Syrian refugees on house prices in Istanbul

Genc I. H., Gunduz L., Yağmur M. H.

APPLIED ECONOMICS LETTERS, vol.31, no.5, pp.450-454, 2024 (SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 31 Issue: 5
  • Publication Date: 2024
  • Doi Number: 10.1080/13504851.2022.2138807
  • 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
  • Page Numbers: pp.450-454
  • Keywords: Migrants, house prices, Istanbul, Syrian refugees, IMMIGRATION
  • Istanbul Technical University Affiliated: Yes


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.