Molen, Jaron (2021) THE EFFECT OF ASYLUM SEEKER RECEPTION CENTERS ON NEARBY PROPERTY PRICES: EVIDENCE FROM FRANCE. Master thesis.
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Abstract
In 2020 alone France received 93.470 applications from asylum seekers. To put this into perspective with other European countries, it reached the number two spot of most applicants. Immediately after their arrival in France, the asylum seekers are typically sheltered in asylum seeker reception centers (ASRCs) across the country. The main goal of this research is to better understand how local communities perceive nearby ASRCs. It investigates to which magnitude the opening of a ASRC influences nearby property prices by using a well-establish hedonic price model. Estimation comes from 2014-2018 information on transacted house prices (N = 13,169,708) and the locations and opening dates of nearby ASRCs (N = 350). The results indicate that there is no effect on property prices in the 0 to 500 m distance interval after the opening of ASRCs. This means that ASRCs are not necessarily perceived as a source of disamenity for the local community. The empirical findings can be used by policy makers that are concerned with the allocation of ASRCs.
| Item Type: | Thesis (Master) |
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| Degree programme: | Real Estate Studies |
| Supervisor: | Daams, M.N. |
| Date Deposited: | 18 Jan 2022 14:53 |
| Last Modified: | 18 Jan 2022 14:53 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/3750 |
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