“We’ll Always Have Paris”: Out-of-Country Buyers in the Housing Market
Author
Abstract
Suggested Citation
DOI: 10.1287/mnsc.2020.3686
Download full text from publisher
References listed on IDEAS
- Badarinza, Cristian & Ramadorai, Tarun, 2018. "Home away from home? Foreign demand and London house prices," Journal of Financial Economics, Elsevier, vol. 130(3), pages 532-555.
- Zoran Ivković & Scott Weisbenner, 2005.
"Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments,"
Journal of Finance, American Finance Association, vol. 60(1), pages 267-306, February.
- Scott Weisbenner & Zoran Ivkovich, 2003. "Local Does as Local Is: Information Content of the Geography of Individual Investors' Common Stock Investments," NBER Working Papers 9685, National Bureau of Economic Research, Inc.
- Libertad Gonzalez & Francesc Ortega, 2013.
"Immigration And Housing Booms: Evidence From Spain,"
Journal of Regional Science, Wiley Blackwell, vol. 53(1), pages 37-59, February.
- Libertad Gonzalez & Francesc Ortega, 2009. "Immigration and Housing Booms: Evidence from Spain," RF Berlin - CReAM Discussion Paper Series 0919, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
- González, Libertad & Ortega, Francesc, 2009. "Immigration and Housing Booms: Evidence from Spain," IZA Discussion Papers 4333, Institute of Labor Economics (IZA).
- Libertad González Luna & Francesc Ortega, 2009. "Immigration and housing booms: Evidence from Spain," Economics Working Papers 1167, Department of Economics and Business, Universitat Pompeu Fabra.
- Saiz, Albert, 2007.
"Immigration and housing rents in American cities,"
Journal of Urban Economics, Elsevier, vol. 61(2), pages 345-371, March.
- Albert Saiz, 2003. "Immigration and housing rents in American cities," Working Papers 03-12, Federal Reserve Bank of Philadelphia.
- Saiz, Albert, 2006. "Immigration and Housing Rents in American Cities," IZA Discussion Papers 2189, Institute of Labor Economics (IZA).
- Stijn Van Nieuwerburgh & Laura Veldkamp, 2009.
"Information Immobility and the Home Bias Puzzle,"
Journal of Finance, American Finance Association, vol. 64(3), pages 1187-1215, June.
- Laura Veldkamp & Stijn Van Nieuwerburgh, 2004. "Information Immobility and the Home Bias Puzzle," Working Papers 04-32, New York University, Leonard N. Stern School of Business, Department of Economics.
- Stijn Van Nieuwerburgh & Laura Veldkamp, 2007. "Information Immobility and the Home Bias Puzzle," NBER Working Papers 13366, National Bureau of Economic Research, Inc.
- Laura Veldkamp & Stijn Van Nieuwerburgh, 2005. "Information Immobility and the Home Bias Puzzle," 2005 Meeting Papers 78, Society for Economic Dynamics.
- Steffen Andersen & Julie Marx & Kasper Meisner Nielsen & Lise Vesterlund, 2021.
"Gender Differences in Negotiation: Evidence from Real Estate Transactions,"
The Economic Journal, Royal Economic Society, vol. 131(638), pages 2304-2332.
- Lise Vesterlund, 2018. "Gender Differences in Negotiation: Evidence fro Real Estate Transactions," Working Paper 6530, Department of Economics, University of Pittsburgh.
- Steffen Andersen & Julie Marx & Kasper Meisner Nielsen & Lise Vesterlund, 2020. "Gender Differences in Negotiation: Evidence from Real Estate Transactions," NBER Working Papers 27318, National Bureau of Economic Research, Inc.
- Paul Goldsmith-Pinkham & Kelly Shue, 2020.
"The Gender Gap in Housing Returns,"
NBER Working Papers
26914, National Bureau of Economic Research, Inc.
- Paul Goldsmith-Pinkham & Kelly Shue, 2020. "The Gender Gap in Housing Returns," Working Papers 2020-003, Human Capital and Economic Opportunity Working Group.
- Albert Saiz & Susan Wachter, 2011.
"Immigration and the Neighborhood,"
American Economic Journal: Economic Policy, American Economic Association, vol. 3(2), pages 169-188, May.
- Saiz, Albert & Wachter, Susan M., 2006. "Immigration and the Neighborhood," IZA Discussion Papers 2503, Institute of Labor Economics (IZA).
- Albert Saiz & Susan M. Wachter, 2006. "Immigration and the neighborhood," Working Papers 06-22, Federal Reserve Bank of Philadelphia.
- Mark J. Garmaise, 2004. "Confronting Information Asymmetries: Evidence from Real Estate Markets," The Review of Financial Studies, Society for Financial Studies, vol. 17(2), pages 405-437.
- Stefano Lovo & Christophe Spaenjers, 2018.
"A Model of Trading in the Art Market,"
American Economic Review, American Economic Association, vol. 108(3), pages 744-774, March.
- Lovo, Stefano & Spaenjers, Christophe, 2014. "A Model of Trading in the Art Market," HEC Research Papers Series 1150, HEC Paris, revised 22 Sep 2017.
- Pablo Kurlat & Johannes Stroebel, 2015.
"Testing for Information Asymmetries in Real Estate Markets,"
The Review of Financial Studies, Society for Financial Studies, vol. 28(8), pages 2429-2461.
- Pablo Kurlat & Johannes Stroebel, 2014. "Testing for Information Asymmetries in Real Estate Markets," NBER Working Papers 19875, National Bureau of Economic Research, Inc.
- John P. Harding & Stuart S. Rosenthal & C. F. Sirmans, 2003. "Estimating Bargaining Power in the Market for Existing Homes," The Review of Economics and Statistics, MIT Press, vol. 85(1), pages 178-188, February.
- Alex Chinco & Christopher Mayer, 2016.
"Misinformed Speculators and Mispricing in the Housing Market,"
The Review of Financial Studies, Society for Financial Studies, vol. 29(2), pages 486-522.
- Alex Chinco & Christopher Mayer, 2014. "Misinformed Speculators and Mispricing in the Housing Market," NBER Working Papers 19817, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- William N Goetzmann & Christophe Spaenjers & Stijn Van Nieuwerburgh, 2021.
"Real and Private-Value Assets [Gendered prices],"
The Review of Financial Studies, Society for Financial Studies, vol. 34(8), pages 3497-3526.
- Van Nieuwerburgh, Stijn & Goetzmann, William & Spaenjers, Christophe, 2021. "Real and Private Value Assets," CEPR Discussion Papers 16083, C.E.P.R. Discussion Papers.
- William Goetzmann & Christophe Spaenjers & Stijn van Nieuwerburgh, 2021. "Real and Private-Value Assets," Working Papers hal-03501704, HAL.
- William N. Goetzmann & Christophe Spaenjers & Stijn Van Nieuwerburgh, 2021. "Real and Private-Value Assets," NBER Working Papers 28580, National Bureau of Economic Research, Inc.
- Goetzmann, William N. & Spaenjers, Christophe & Van Nieuwerburgh, Stijn, 2021. "Real and Private-Value Assets," HEC Research Papers Series 1421, HEC Paris.
- Mr. Damien Puy & Mr. Anil Ari & Ms. Yu Shi, 2020. "Foreign Demand and Local House Prices: Evidence from the US," IMF Working Papers 2020/043, International Monetary Fund.
- Badarinza, Cristian & Ramadorai, Tarun & Shimizu, Chihiro, 2022.
"Gravity, counterparties, and foreign investment,"
Journal of Financial Economics, Elsevier, vol. 145(2), pages 132-152.
- Shimizu, Chihiro, 2019. "Gravity, Counterparties, and Foreign Investment," CEPR Discussion Papers 13491, C.E.P.R. Discussion Papers.
- David C. Ling & Andy Naranjo & Benjamin Scheick, 2021. "There is no place like home: Information asymmetries, local asset concentration, and portfolio returns," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(1), pages 36-74, March.
- Kim, Hayoung, 2022. "Heterogeneous effects of information disclosure: Evidence from housing markets," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 359-380.
- Morteza Moallemi & Daniel Melser & Xiaoyan Chen & Ashton Silva, 2022. "The Globalization of Local Housing Markets: Immigrants, the Motherland and Housing Prices in Australia," The Journal of Real Estate Finance and Economics, Springer, vol. 65(1), pages 103-126, July.
- Pereira dos Santos, João & Strohmaier, Kristina, 2024. "All That Glitters? Golden Visas and Real Estate," IZA Discussion Papers 16857, Institute of Labor Economics (IZA).
- Turnbull, Geoffrey K. & van der Vlist, Arno J., 2022. "The price of ignorance: Foreclosures, uninformed buyers and house prices," Journal of Housing Economics, Elsevier, vol. 57(C).
- Andrey Pavlov & Tsur Somerville, 2020. "Immigration, Capital Flows and Housing Prices," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(3), pages 915-949, September.
- Daniel Broxterman & Tingyu Zhou, 2023. "Information Frictions in Real Estate Markets: Recent Evidence and Issues," The Journal of Real Estate Finance and Economics, Springer, vol. 66(2), pages 203-298, February.
- Mangum, Kyle & Molloy, Raven, 2021. "Migration and Housing special issue: Introduction from Editors Kyle Mangum and Raven Molloy," Journal of Housing Economics, Elsevier, vol. 53(C).
- Cobb-Clark, Deborah A. & Sinning, Mathias G., 2011.
"Neighborhood diversity and the appreciation of native- and immigrant-owned homes,"
Regional Science and Urban Economics, Elsevier, vol. 41(3), pages 214-226, May.
- Deborah A. Cobb-Clark & Mathias G. Sinning, 2009. "Neighborhood Diversity and the Appreciation of Native- and Immigrant-Owned Homes," CEPR Discussion Papers 624, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- Cobb-Clark, Deborah A. & Sinning, Mathias, 2009. "Neighborhood Diversity and the Appreciation of Native- and Immigrant-Owned Homes," IZA Discussion Papers 4464, Institute of Labor Economics (IZA).
- Cobb-Clark, Deborah A. & Sinning, Mathias G., 2009. "Neighborhood Diversity and the Appreciation of Native- and Immigrant-Owned Homes," Ruhr Economic Papers 137, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Umut Unal & Bernd Hayo & Isil Erol, 2022.
"The Effect of Immigration on the German Housing Market,"
MAGKS Papers on Economics
202238, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Umut Unal & Bernd Hayo & Isil Erol, 2024. "The Effect of Immigration on the German Housing Market," Working Papers CEB 24-001, ULB -- Universite Libre de Bruxelles.
- Unal, Umut & Hayo, Bernd & Erol, Isil, 2024. "The Effect of Immigration on the German Housing Market," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302431, Verein für Socialpolitik / German Economic Association.
- Sanchis-Guarner, Rosa, 2023.
"Decomposing the impact of immigration on house prices,"
Regional Science and Urban Economics, Elsevier, vol. 100(C).
- Rosa Sanchis-Guarner, 2017. "Decomposing the impact of immigration on house prices," Working Papers 2017/14, Institut d'Economia de Barcelona (IEB).
- Rosa Sanchis-Guarner, 2017. "Decomposing the Impact of Immigration on House Prices," RF Berlin - CReAM Discussion Paper Series 1706, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
- Rosa Sanchis-Guarner, 2017. "Decomposing the Impact of Immigration on House Prices," SERC Discussion Papers 0223, Centre for Economic Performance, LSE.
- Sanchis-Guarner, Rosa, 2017. "Decomposing the impact of immigration on house prices," LSE Research Online Documents on Economics 86571, London School of Economics and Political Science, LSE Library.
- Rosa Sanchis-Guarner, 2022. "Decomposing the Impact of Immigration on House Prices," Working Papers 2022/10, Institut d'Economia de Barcelona (IEB).
- Hippolyte d’Albis & Ekrame Boubtane & Dramane Coulibaly, 2019.
"International Migration and Regional Housing Markets: Evidence from France,"
International Regional Science Review, , vol. 42(2), pages 147-180, March.
- Hippolyte d'Ablis & Ekrame Boubtane & Dramane Coulibaly, 2017. "International Migration and Regional Housing Markets: Evidence from France," Working Papers hal-04141641, HAL.
- Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "International Migration and Regional Housing Markets: Evidence from France," PSE-Ecole d'économie de Paris (Postprint) halshs-02076535, HAL.
- Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2017. "International Migration and Regional Housing Markets: Evidence from France," EconomiX Working Papers 2017-28, University of Paris Nanterre, EconomiX.
- Hippolyte d'Albis & Dramane Coulibaly & Ekrame Boubtane, 2017. "International Migration and Regional Housing Markets: Evidence from France," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01469758, HAL.
- Hippolyte d'Albis & Dramane Coulibaly & Ekrame Boubtane, 2017. "International Migration and Regional Housing Markets: Evidence from France," Working Papers hal-01469758, HAL.
- Hippolyte d'Albis & Ekrame Boubtane & Dramane Coulibaly, 2019. "International Migration and Regional Housing Markets: Evidence from France," Post-Print halshs-02076535, HAL.
- D'Albis, Hippolyte & Boubtane, Ekrame & Coulibaly, Dramane, 2017. "International Migration and Regional Housing Markets: Evidence from France," IZA Discussion Papers 10516, Institute of Labor Economics (IZA).
- Bill Cochrane & Jacques Poot, 2019. "The Effects of Immigration on Local Housing Markets," Working Papers in Economics 19/07, University of Waikato.
- Mussa, Abeba & Nwaogu, Uwaoma G. & Pozo, Susan, 2017. "Immigration and housing: A spatial econometric analysis," Journal of Housing Economics, Elsevier, vol. 35(C), pages 13-25.
- Marcus H. Böhme & Sarah Kups, 2017. "The economic effects of labour immigration in developing countries: A literature review," OECD Development Centre Working Papers 335, OECD Publishing.
- Nathan, Max, 2013. "The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature," IZA Discussion Papers 7653, Institute of Labor Economics (IZA).
- Yongheng Deng & Maggie R. Hu & Adrian D. Lee, 2021. "Melting pot or salad bowl: Cultural distance and housing investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S1), pages 235-267, March.
More about this item
Keywords
foreign home buyers; secondary residences; bargaining; information asymmetries;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:67:y:2021:i:7:p:4120-4138. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.