Impact of Syrian refugees on house prices in Istanbul

Ismail H. Genc; Lokman Gunduz; Mete Han Yagmur

doi:10.1080/13504851.2022.2138807

Impact of Syrian refugees on house prices in Istanbul

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

^*Corresponding author for this work

Department of Economics

American University of Sharjah
Department of Management
Fatih Sultan Mehmet Vakif Universitesi

Research output: Contribution to journal › Article › peer-review

3 Citations (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 language	English
Pages (from-to)	450-454
Number of pages	5
Journal	Applied Economics Letters
Volume	31
Issue number	5
DOIs	https://doi.org/10.1080/13504851.2022.2138807
Publication status	Published - 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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10.1080/13504851.2022.2138807

Cite this

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title = "Impact of Syrian refugees on house prices in Istanbul",

abstract = "Turkey is the world{\textquoteright}s biggest refugee hosting nation, and Istanbul, Turkey{\textquoteright}s commercial capital and Europe{\textquoteright}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{\textquoteright}s districts. We find a negative impact of massive immigration on house prices.",

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KW - Migrants

KW - Syrian refugees

KW - house prices

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Impact of Syrian refugees on house prices in Istanbul

Abstract

Bibliographical note

Keywords

Access to Document

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