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The Role of European Retiree Migration on the Valencia Community Housing Markets

Author

Listed:
  • Paloma Taltavull de La Paz
  • Karen M. Gibler
  • Jose Manuel Casado
  • Vicente Rodriguez
  • Mari Angeles Casado

Abstract

The paper evaluates the role of retiree migration on housing markets in Orihuela, Alicante, Spain. It checks the flow of migrants from 50 to 65 demanding housing and evaluates the effects on housing construction and prices coming from this phenomena. Analysis is focused on Valencia Community because the retiree migration is a new trend affecting just to some of Spanish areas where Alicante Province is one of the most important receivers. We use multivariate techniques to estimate a model including demographic pattern which differentiates between retirees and others migrations. Results suggest that retirees migration is encouraging other type of migration to the same destination areas.

Suggested Citation

  • Paloma Taltavull de La Paz & Karen M. Gibler & Jose Manuel Casado & Vicente Rodriguez & Mari Angeles Casado, 2005. "The Role of European Retiree Migration on the Valencia Community Housing Markets," ERES eres2005_331, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2005_331
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2005-331
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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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