TY  - RPRT
        AU  - Saiz, Albert
        TI  - Immigration and Housing Rents in American Cities
        PY  - 2006/Jun/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 2189
        UR  - https://www.iza.org/publications/dp2189
        AB  - Is there a local economic impact of immigration? Immigration pushes up rents and housing values in US destination cities. The positive association of rent growth and immigrant inflows is pervasive in time series for all metropolitan areas. I use instrumental variables based on a “shift-share” of national levels of immigration into metropolitan areas. An immigration inflow equal to 1% of a city’s population is associated with increases in average rents and housing values of about 1%. The results suggest an economic impact that is an order of magnitude bigger than that found in labor markets.
        KW  - housing prices
KW  - immigration
        ER  -