This article examines the causal relations between immigration and the characteristics of the housing market in host regions. We constructed a unique database from administrative records and used it to assess annual migration flows into France’s twenty-two administrative regions from 1990 to 2013. We then estimated various panel vector autoregression models, taking into account gross domestic product per capita and the unemployment rate as the main regional economic indicators. We find that immigration has no significant effect on property prices but that higher property prices significantly reduce immigration rates. We also find no significant relationship between immigration and social housing supply.

中文翻译：

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国际移民与区域住房市场

本文考察了移民与东道国住房市场特征之间的因果关系。我们从行政记录中构建了一个独特的数据库，并用它来评估1990年至2013年法国22个行政区域的年度移民流量。然后，我们在考虑人均国内生产总值和失业率的情况下，估算了各种面板向量自回归模型。主要区域经济指标。我们发现移民对房地产价格没有重大影响，但是较高的房地产价格会大大降低移民率。我们还发现移民与社会住房供应之间没有显着关系。