Room in the Kitchen for the Melting Pot: Immigration and Rental Prices

Room in the Kitchen for the Melting Pot: Immigration and Rental Prices
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DOI:
10.1162/003465303322369687
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发表时间:
2003-08
影响因子:
8
通讯作者:
Albert Saiz
Albert Saiz
中科院分区:
经济学1区
文献类型:
--
作者:
Albert Saiz

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本文研究房地产市场对移民冲击的反应。继卡德(1990)之后,我研究了马里尔升船事件后迈阿密和三个比较组的租金价格变化。 1980 年,这种外来的移民冲击使迈阿密的租房人口增加了 9 人。我发现,1979 年至 1981 年间,迈阿密的租金比对照组高出 8 倍到 11 倍。到 1983 年,租金差异仍然是 7 倍。较高质量的出租单元并未受到移民冲击的影响。 1979 年,低收入拉美裔居民所居住的单位与其他低收入单位相比,额外上涨了 8 倍。短期内,相对房价与租金走势相反。
This paper studies the response of housing markets to immigration shocks. Following Card (1990), I examine the changes in rental prices in Miami and three comparison groups after the Mariel boatlift. This exogenous immigration shock added an extra 9 to Miami's renter population in 1980. I find that rents increased from 8 to 11 more in Miami than in the comparison groups between 1979 and 1981. By 1983 the rent differential was still 7. Rental units of higher quality were not affected by the immigration shock. Units occupied by low-income Hispanic residents in 1979 experienced an extra 8 differential hike with respect to other low-income units. Relative housing prices moved in the opposite direction from rents in the short run.