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International Migration and the Housing Market: Japanese Corporate Movers in London

Author

Listed:
  • Paul White

    (Department of Geography, University of Sheffield, Sheffield, S10 2TN, UK, P.White@sheffield.ac.uk)

  • Louise Hurdley

    (Business School at Loughborough University, hurdley@ashbourne32.freeserve.co.uk)

Abstract

The incorporation of high-skill corporate migrants into the existing housing markets of destination cities has been neglected in studies of contemporary international migration. Nevertheless, the potential impacts on rent levels and property prices, and on the overall shape of the housing market, are considerable. Japanese corporate movement to London has led to the establishment of a separate housing sub-sector, channelling rented housing to Japanese clients through Japanese estate agencies. Japanese companies do not play a direct role in this, but hold considerable influence over the system such that it serves their perceived interests. Through the use of a questionnaire survey of Japanese residents, interviews with estate agencies and analysis of property available in the Japanese sub-market, the article demonstrates both the impact of Japanese corporate movement on housing issues in a global city and the ways in which the accommodation of high-skill migrants accords with the culture of corporate interests.

Suggested Citation

  • Paul White & Louise Hurdley, 2003. "International Migration and the Housing Market: Japanese Corporate Movers in London," Urban Studies, Urban Studies Journal Limited, vol. 40(4), pages 687-706, April.
    • Handle: RePEc:sae:urbstu:v:40:y:2003:i:4:p:687-706
    DOI: 10.1080/0042098032000065254
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    References listed on IDEAS

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    1. Brenda Yeoh & Shirlena Huang & Katie Willis, 2000. "Global cities, transnational flows and gender dimensions: the view from Singapore," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 91(2), pages 147-158, May.
    2. Jonathan V. Beaverstock & Joanne Smith, 1996. "Lending Jobs to Global Cities: Skilled International Labour Migration, Investment Banking and the City of London," Urban Studies, Urban Studies Journal Limited, vol. 33(8), pages 1377-1394, October.
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    Cited by:

    1. Imani, Daniela & Pfaffenbach, Carmella, 2019. "Internationale Hochqualifizierte in deutschen Städten: Integration auf Zeit," Forschungsberichte der ARL: Aufsätze, in: Henckel, Dietrich & Kramer, Caroline (ed.), Zeitgerechte Stadt: Konzepte und Perspektiven für die Planungspraxis, volume 9, pages 251-280, ARL – Akademie für Raumentwicklung in der Leibniz-Gemeinschaft.

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