Impact of Syrian refugees on house prices in Istanbul

Ismail H. Genc*, Lokman Gunduz, Mete Han Yagmur

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

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.

Original languageEnglish
Pages (from-to)450-454
Number of pages5
JournalApplied Economics Letters
Volume31
Issue number5
DOIs
Publication statusPublished - 2024

Bibliographical note

Publisher Copyright:
© 2022 Informa UK Limited, trading as Taylor & Francis Group.

Keywords

  • Istanbul
  • Migrants
  • Syrian refugees
  • house prices

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