Tuesday, September 24, 2013

Interesting.

Immigration drives DOWN house prices, says study.

Immigration drives down house prices, according to startling new economic research. Dr Braakmann’s research identified two reasons for the effect: local people move out of an area as immigrants move in and migrants tend to live in more crowded housing conditions, meaning they take up less space.

Posted by khards @ 09:17 AM (1364 views)
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One thought on “Interesting.

  • Up to a point, but if there is “white flight” then all things being equal that pushes up prices in “white” areas, so overall the effect is negligible.

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