JOURNAL ARTICLE
Local House Price Effects of Internal Migration in Queensland: Australia's Interstate Migration Capital.
Published In: Australian Economic Review, 2023, v. 56, n. 3. P. 308 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Erol, Isil; Unal, Umut 3 of 3
Abstract
We examine the causal impact of internal migration on housing prices across 82 Statistical Areas Level 3 regions in Queensland, Australia from 2014–2019. The primary findings are: (i) an annual increase in the inflow of migrants equal to 1 per cent of a region's initial population leads to a 0.6 to 0.7 per cent annual increase in Queensland's house prices across different empirical specifications; (ii) this effect differs between the Greater Brisbane metropolitan area and Rest of State areas; (iii) migration from New South Wales fails to produce a significant influence on house price growth in Queensland. [ABSTRACT FROM AUTHOR]
Additional Information
- Source:Australian Economic Review. 2023/09, Vol. 56, Issue 3, p308
- Document Type:Article
- Subject Area:Social Sciences and Humanities
- Publication Date:2023
- ISSN:0004-9018
- DOI:10.1111/1467-8462.12512
- Accession Number:172021698
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