Impact of Syrian Refugees on House Prices in Istanbul
Citation
GENÇ, İsmail H., Lokman GÜNDÜZ & Mete Han YAĞMUR. "Impact of Syrian Refugees on House Prices in Istanbul". Applied Economics Letters, (2022).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.