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The Joint Effect of Asylum Seeker Centers on Sale Prices and Time on the Market in the Netherlands

Uri, M. (2018) The Joint Effect of Asylum Seeker Centers on Sale Prices and Time on the Market in the Netherlands. Master thesis.

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Abstract

This thesis concerns an empirical analysis of the economic impact of asylum seeker centers on the housing market, as reflected in sale prices and time on the market. Data on house transactions and ASCs over the last 25 years is analyzed using a two stage least squares method. The results show a clear and robust impact of ASCs on the housing market. Houses that are transacted within 1,000 meters of an active ASC experience a sale price discount of 10.3%, and have a 21.5% higher time on the market. Both effects diminish over distance. The results have strong implications for policy makers.

Item Type: Thesis (Master)
Degree programme: Real Estate Studies
Supervisor: Vlist, A. van der
Date Deposited: 23 Apr 2020 05:45
Last Modified: 23 Apr 2020 05:45
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/2977

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